Terraced house for sale

Unit 3 Clonmel Court, 14 Turnberry Quay, London, Tower Hamlets E14

For sale by auction 12/09/2024 £700,000 Plus

long leasehold ground floor restaurant producing £68,400 P.A.

Location & Description
A ground-floor, river-facing restaurant in the heart of the Isle of Dogs. Nestled along the scenic riverbank, this caf offers stunning water views that attract both locals and tourists alike.
This major transport hub offers connections to the London Underground (Jubilee Line) and the Docklands Light Railway (DLR), providing quick access to central London and beyond.

The property comes with Six months rent deposit and the building is not elected to VAT.

Accommodation
Ground Floor Restaurant: 1450 sq ft (134 sq m) plus toilet

Tenure
Leasehold - A term of 200 years from 26/09/2014
(approximately 190 years unexpired).

Tenancy Details
The property is currently rented on a 15 year repairing and insuring lease, from 23/06/2022, producing £68,400 P.A. Rent Reviews 2027 & 5 yearly

Note
1. The provisions of Sections 24-28 of the Landlord & Tenant Act 1954 (security of tenure) are excluded.
Auction Surveyor: Bryn Nettle
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