Tesco Express, Frances Wharf, Greater London
303-305 Burdett Road, Frances Wharf, London, E14 7BYBasic Facts
| Property ID: 3755 | Brochure Link: https://www.prideviewgroup.com/wp-content/uploads/2012/11/Tesco-Express-Frances-Wharf-Final.pdf |
| Post Updated: 2019-06-24 10:41:43 | Status: Sold |
| Type: Supermarket | Tenure: Virtual Freehold (999 years) |
| Gross Rent: £ 83,908 | Lease Term: 15 years from Sep '09 |
| VAT applicable: Yes |
Property Description
- Virtual Freehold Blue-chip Supermarket Investment in London
- The property is arranged on the ground floor with ancillary accommodation to the rear and side
- The property forms part of a brand new development which includes seven upper floors of residential flats and adjacent commercial property (these are not included in this sale).
Location Description
- The property is situated in a densely populated residential area on the east side of Burdett Road at the junction with Thomas Road.
- Occupiers close by include Lidl and Howdens, and within the buildings itself are seven floors of residential flats, making the retail property ideal for a convenience store.
- London E14 is a vibrant and up-and-coming area of East London, dominated by the Canary Wharf financial district.
- The area is close to the O2 Arena, Mile End Stadium, Excell and London City Airport.
- The area is well served by public transport with the DLR and mainline rail stations (Mile End, Limehouse, All Saints and Langdan Park).
Features
Attractive property
Blue-chip tenant
Finance available
Minimum Rental Uplifts
No Break clauses
Prime location
Upwards Only Rent Reviews
Virtual Freehold
