The property comprises a double width ground floor retail unit in a busy local parade it is situated on New Road, close to a mixed array of Commercial & Residential properties and within close proximity to Whitechapel Tube Station, Aldgate East Station and Aldgate Station.
The property benefits from complimentary users nearby such as: Costa Coffee, Needoo Grill, Tayyab’s Restaurant & The Whitechapel Hotel.
The premises has the following approximate net internal areas and measurements; the engineers for this project have provided approximate measures post refurbishment:Frontage: 9.226m (30.26 ft) Proposed Frontage: Approx. 7.1m (23.29ft) Ground Floor Existing: 151.60 sqm (1631 sq ft)GF Proposed: 145 sqm (1560sq ft) Basement: 12.10 sqm (130 sq ft) approx(To stay the same)
A new FRI Lease is available on flexible terms - 15 years lease, 3 yearly reviews. Offers are sought in the region of £80,000 per annum.
The property is situated within the London Borough of Tower Hamlets and has a rateable value of £29,855 with rates payable of approximately £14,000 per annum.
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