* Freehold
**Key Points**
* Sale of the 999 year lease - £750, 000
* Includes three secure underground car parking spaces
* Potential for Vacant Possesion - November 2024
* 6% gross yield before purchase costs - based upon current income of £45, 000
* Close to Canary Wharf
* Two minute walk to Blackwall DLR Station
* City Airport within a 15 minute drive
* Open - plan commercial retail with prominent return frontage
**Description**
An exceptional investment opportunity unfolds with the sale of an original
999 - year lease for a commercial unit and three secure underground car parking
spaces. The unit generates £45, 000 p. a. Plus VAT, while the parking spaces
hold potential for £6, 000 p. a. Income. Occupied by London Shootfighters East
under a 10 - year lease until November 2023, the unit's £13 per sq ft rent
offers room for growth post - lease. Additional details include a £200 p. a.
Ground rent, £10, 000 p. a. Service charge borne by the tenant, and a 5. 3% gross
annual yield pre - purchase costs.
**Viewings**
By appointment with Stirling Ackroyd.
**Location**
Located on the junction of Prestons Road and Cotton Street (A1206), just North
of Aspen Way (A1261) – giving easy access to the A13, A12 and Blackwall
Tunnel.
The unit is within a two minutes walk of Blackwall DLR Station which connects
to Canary Wharf London Underground, DLR and Crossrail Station. City Airport is
also within a 15 minute drive and a 10 minute journey on the Eastbound DLR.

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