59-67 London E1
Total Page:16
File Type:pdf, Size:1020Kb
59-67 Mile End Rd LONDON E1 RARE MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY 59-67 Mile End Rd LONDON E1 RARE MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY Mile End Rd Investment Considerations • Mixed Use investment and development opportunity currently comprising 3 retail units and 14 residential apartments. • Commercial accommodation extends to a GIA of 2,212 sq m (4,322 sq ft). • Residential upper parts extending to 933 sq m (10,045 sq ft) NSA. • Located within close proximity of Bethnal Green (Central Line) and Whitechapel Station (Overground and District and Hammersmith & City lines). • Residential Income: £252,618 per annum (one flat currently vacant that was previously let at £18,960 per annum). • Commercial Income: £121,750 per annum. • Total Income: £374,368 per annum. • Estimated Rental Value: £435,250 (assuming residential is refurbished and fully let). • Planning permission granted for 3 apartments (1 x 1 bed, 2 x 2 bed) and the creation of additional rear balconies for the existing accommodation. • Offers in excess of £8,000,000 are invited, subject to contract and exclusive of VAT. 59-67 Mile End Rd LONDON E1 RARE MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY THE CITY 59-67 ROYAL LONDON HOSPITAL LONDON ROYAL ELIZABETH LINE ENTRANCE ELIZABETH WHITECHAPEL STATION DEPT W GENESIS CINEMA Site outline for identification purposes only. D A O R N O T G N I W E N D A A L E M E K O H Y R O U T T R Y O S S N T R R U S O B T O A M D E N P E R O A D Canonbury Mabley A 1 K 1 E L N Green Dalston Kingsland EY LSTON LANE W DA HO EET T MERT STR O O Hackney Downs ON HIGH N R LANE T T R RES H O FO Homerton Y A D ST PAU R L’S RO AD M O OR Highbury & Islington NING A L LA D BA LS PO N ND ROAD Hackney Central Maryland DALSTON LANE E G HACKNEY RAHAM ROAD W 18 A1 A D Dalston Junction WICK T OA E D R ICK ROAD STRATFORD R OR W F L M A RO CANONBURY N E T Stratford International C DALSTON E D A E A RO N R D D N Hackney Wick T A O A SL S S D A N O C OA 1 E R B R N R A R U X D E E T A S R S A EA T Y S T O M A E R E E R E O R G R A D E T London T D S A A V G R Fields O D R E I E H C A T A P L A Well Street K O S P U e Stratford R R T R A U O Common A e G Essex Road S E P C N E G A R T I QUEEN ELIZABETH L D E R London Fields E O a I R ST O A S L T v R EL W C N I S B i OLYMPIC PARK V E HACKNEY g S ISLINGTON R N a W O DE BEAUVOIR E D t U E a A i T o O U t R E e Haggerston n Q TOWN X r W E East Lake w S C Stratford High Street E S o S E i K T t r i y H n k A g s s M Victoria Park M l a l R L n a i A Re d 59-67 l i N g AD n l v N en RO a e E t’s K R r E P TWAY ROAD W Ca AR C OR na A P i 8 l T RI n v 1 N O o 1 E T IC i e A O V E n r R T R U T G E H T d R E S r R R O fo T E Mile End Rd O V S R rt D A E A e RO H D A D G R H OR R I M O F D P H L i D Pudding Mill Lane A LONDONO E1 A v D A D R e R O N O r F R E Shoreditch T L L A D L e R P N R a T LA B S IS Park A O Haggerston L o T RARE MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY D L O West Lake A A W S A C r D K Y R G A S W O Park P’S W EW L O R N HO A A I IS A B R L e D L R K D D ST A e O O T Abbey Road O N R U T E MA N N N R RO h D N A D E r Gerye Museum ROA L ee M EY N CK HA F N M A O Cambridge Heath I R i BOW R T l AD l RO F H s RD I E FO E R Hoxton OLD N W L D D A P a A P W R O R l k R O l R O A e Y A A e C e E R P C BETHNAL D D H r r IT HOXTON N A e Y N O g R G s C R K c OA E N e R D C A o y R OM n O A GREEN R t e V P P t t H E b L ’ I C T s b A R D B F O A h C C O A I R o a E A E a W w n L D BO n D Meath n e B a S Bethnal Green Gardens l l City University G T a West Ham London O R c East London T E k S REE B Moorfields Eye T GLOBE Bow Church r E W ST E e A R Hospital R iv E T V E R Crematorium LE T E R D i a H A v e L T O S EN R e ls D E TOWN e L L GR S O AL Millennium r n HN n T T s R BE Bow Road ha R C O Park E A Bethnal E D T 59-67 Green A G Weavers M R Gardens Mile End 1 E G A A Fields ET L Hospital MILE END BROMLEY N RE Old Street T O ST E O D A B Bromley-by-Bow L R O S C E T A E R Mile End R R M N O O Hermit Road A B Queen Mary A S D T R Bunhill R ET University of London D Recreation CLERKENWELL B E RE I HIRE ST D U E HES Ground Gardens T Shoreditch C G N Bethnal Green E Devons Road H High Street H I L E D L A SHOREDITCH A O RKENWELL R R T E H CL O W R SPITALFIELDS O BOROUGH OF A D V Star Lane A Stepney Green TOWER HAMLETS V L L D I C OA O Barbican HISW A R EL ND L L S N E T ILE E C M T Whitechapel E Mile End S R T R E Park O O P A Spitalfields N A E D Market D Y B B G o Barbican R RE w I E C N Y E D A C K OA T R W C UL’S L L PA r A E ST O P e A A t G e M H The Royal London u Liverpool Street S N C Moorgate E Stepney Green k P M E T C HI Hospital e St Bartholomew’s O E W s ALL H R u LONDON W N Hospital S C Park o R Museum I B I E h l i B A U v W e e of London L a R im r S D R n L L T e E O STEPNEY R a a T E AD o T E C r T R Le O ’s Langdon Park e CITY OF t A n D St Paul’s e g COMMERC e LONDON IAL ROAD A13 Canning Town Aldgate East R C H R C Bank of England Aldgate I S Leadenhall A P N LIMEHOUSE St Paul’s Cathedral Market S Bank N T O R N Limehouse E S E I S L T V T E CO R MME RCIAL ROAD A13 R Blackfriars O Shadwell T O Fenchurch Street A W Cannon Street D USE D HO LIN All Saints A N Mansion E K RO TREET IM CK LE S L DO W CAB EAST INDIA House R A E ST EET EA Y CABL ST AD INDIA DOCK RO R B Tower Gateway M E Monument WER LEA CRO U LO SS I G ING D N I N Y R GHWA Westferry E I B E H TH L Tower Hill East India K King Edward VII L I R E M POPLAR A G Park W D I Tower of H R Tha Poplar T r m B London e s U e N v O i S O SHADWELL R D West India N Blackwall ASP AY O Quay EN W L E Southwark Cathedral G D I R DOCKLANDS B Borough Market London Bridge SALTE R R E RO A Canary Wharf W D O SOUTHWARK BOROUGH T WAPPING The Shard Canary UNION STREET Wapping Wharf Guy’s Hospital ROTHERHITHE B E Heron R M Quays LOCATIONO WEST INDIA DOCKS N D S E WhitechapelY and the surrounding area has The subject property is located on the north North Greenwich S Stave Hill T R Ecological Borough experiencedE a dramatic transformation over side of Mile End Road in a prominent position E Park W T Rotherhithe E L S O the past five years to become one of the most at its junction with Cleveland Way opposite the T South N F G J L A E Quay A M R A GREENWICH D N R H ROA vibrantE east London locations connectingIC the recently developed and iconic Dept W building.