Sale of 1.19 acre site in Bow

On behalf of our client, we were instructed to dispose of the property located on Iceland Wharf. The property was a freehold warehouse investment, with buildings totalling 52,000 sq ft on a 1.19 acre site. 

The site consisted of commercial space, arranged as a lower ground floor studio with offices above. Positioned over 5 floors, the industrial building offered an excellent opportunity to acquire a rarely available complex in the existing Hackney Wick Fish Island area.

Positioned just off Wick Lane, the location benefitted from excellent connectivity, with direct access to Central London via road and transport connections.

Strettons successfully achieved a sale, and the site was sold to City and Suburban, agreeing the sale unconditionally with a 12 month delay completed for £10.4 million.