108 Whitechapel Road, Whitechapel, London, E1 1JE
Property Description
The property comprises a three storey commercial premises arranged as a money exchange at ground floor, providing open plan accommodation and storage rooms at rear. The upper parts are arranged as separate individual rooms, used as offices. There are WCs at ground and first floors. Situated on the south side of Whitechapel with proximity to Whitechapel station and The East London Mosque. Benefitting from rear access via Vine Court, E1. Whitechapel station (Elizabeth Line and Hammersmith & Cit
+ Read MoreThe accommodation comprises the following (NET INTERNAL AREAS):
Ground Floor: - 1,143 Sq Ft (106.2 Sq M)
First Floor: - 645 Sq Ft (60 Sq M)
Second Floor: - 288 Sq Ft (26.7 Sq M)
Basement: - 226 Sq Ft (21 Sq M)
Total = 2,302 Sq Ft (213.9 Sq M)
Currently let on a 5 year lease from 2nd August 2022, expiring 2027 at £58,000 per annum exclusive. Rent increase to £60,000 per annum from 2nd August 2026. (Contracted outside of the security of tenure provisions on the Landlord & Tenant Act 1954 Part II)
Potential for future development, subject to obtaining the necessary planning consents
Auction Surveyor: Michael Mercer & Sean Crowhurst
020 8509 4406 michael.mercer@strettons.co.uk or sean.crowhurst@strettons.co.uk
Monday 01st December at 12:00pm - 12:30pm
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
