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Lot 37 - Basement, City Quay, Sun Walk, St Katharine's Dock, E1W 1AT

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999 YEAR LEASEHOLD BASEMENT WITH PLANNING FOR OFFICES

Guide price: £600,000 plus

Location & Description

An unusual and interesting basement with exposed brickwork and vaulted ceilings located within the heart of St Katharine's Dock beneath the communal gardens of the City Quay residential development which directly faces the east Marina where the Royal Barge is currently moored.
Tower Bridge and The Tower of London are just to the west and Tower Hill station (District/Circle lines and DLR) and Fenchurch Street mainline station are within a short walk. A selection of restaurants, bars, the Tower Thistle hotel and a Waitrose supermarket are close by.

Accommodation

Mostly open plan arranged as two parts either side of the staircase access from Sun Walk and City Quay underground car park, the total floor area is approximately 5,597 sq ft (520 sq m).
There is also an underground car parking space.

Lease Details

Underlease for 999 years less 10 days from 07.12.1993
Ground rent: £3,000 p.a.

OFFERED VACANT WITH THE BENEFIT OF PLANNING PERMISSION FOR OFFICES

PLANNING

Permission granted by the London Borough of Tower Hamlets (ref: PA/15/00377) 14.04.2015 for change of use from storage to office use including installation of windows into existing light well.
The premises may have potential for alternative uses subject to the necessary consents.

Property Features

  • Unique Basement Premises
  • Exposed Brickwork and Vaulted Ceilings
  • Prime Marina Location
  • Potential for a Variety of Uses (STPP)

VIEWINGS

Friday 25th November at 12.00 -midday
Tuesday 29th November at 12.00 - midday
Friday 2nd December at 12.00 - midday
Tuesday 6 December at 12:00 (Noon)
Monday 12 December at 12:00 (Noon)

Result

Sold for £650,000.

Addendum

With reference to the planning permission please be aware that any structural alterations are subject to Landlord's consent.

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