Unit 311-313 Whitechapel Road
Whitechapel StationWhitechapel, , E1 1BY

Annual Footfall

311-313 Whitechapel Road, Whitechapel Station - Picture 1

Overview

Size

389 sq ft

Availability

To Let

Tenure

Leasehold

Details

Description

The unit is in shell condition – it has been completely stripped back and ready for an ingoing tenant. The property is arranged over ground floor only. It is rectangular in configuration and benefits from a wide frontage facing Whitechapel Road and opposite is the Royal London Hospital.

Location

Whitechapel Station is part of the London Borough of Tower Hamlets and is in Travelcard Zone 2. It is served by the District and the Hammersmith & City lines and the London Overground. Footfall for the underground station was 11.7 million in 2015.

With the station entrance temporarily closed for the Crossrail redevelopment until December 2018, the unit is a short walk from the temporary entrance on Court Street. The Royal London Hospital is situated across the road from the unit. The large investment seen from the Crossrail regeneration plan aims to make Whitechapel a key destination within London, which will undoubtedly increase footfall and business activity in the area. The plans do not directly affect the subject unit.

Viewing

For more information, please contact

Financial

Rent

£48,000 pa

The rent payable will be the higher of an agreed percentage of turnover net of VAT or guide rent of £48,000 per annum and will be exclusive of rates.

Lease Term

The shop is available by way of a new 6 year lease contracted outside of the Landlord and Tenant Act 1954 and is subject to a 6 month rolling Landlord break.

Rates

  • Rateable Value: £20,750
  • UBR: 48.40p/£
  • Rates Payable: £10,043

Interested parties are advised to make their own enquiries to the Local Authority.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.