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Residential - For sale - Max House - London

Max House

657 Commercial Road
London, E14 7LW, Shoreditch

   

Description

BNP Paribas Real Estate is delighted to offer the leasehold or freehold interest in the above opportunity to the market as a residential letting (leasehold) or investment opportunity (freehold).
The property comprises a single building, comprising 18 recently constructed (2013/14), high specification residential apartments above a Tesco commercial unit sold off on a long leasehold.
Strong strategic location with direct access to the City and Canary Wharf in approximately 5 minutes via DLR services from Limehouse.
The building is vacant and furnished and being offered as a single block.

Location

The site is located on Commercial Road in very close proximity to Limehouse DLR Station and C2C Station, providing quick and direct journey times into the City at Bank (6 minutes) and the financial hub of the East London, Canary Wharf (4 minutes). The C2C train provides services between Fenchurch Street to the West and Southend-on-Sea to the east.

The area surrounding Shadwell and Limehouse has become increasingly popular with young professional and families, increasing the presence of recognisable occupiers (such as Tesco) and a rise in services for residential occupiers, such as restaurants and bars, as well as the facilities in the Limehouse Basin a short distance to the south.

Additional information

Leasehold, The property is offered for leasing as serviced apartment (subject to planning – current C3 usage) or on a single or multiple AST(s) comprising all 18 apartments.
The lease is available at circa £3XX,XXX per annum. Alternatively a Management Agreement can be agreed.
Freehold, The freehold investment, comprising the 18 apartments is offered for a sum of £6,250,000. The ground floor retail units have been sold on two separate 999 year long leaseholds at a peppercorn.



The property is arranged over ground and four upper floors; with a Tesco Express arranged over the ground floor. The property is glazed over ground floor and fitted to a typical Tesco style, whilst the upper parts are set back from the frontage, with white elevations.
On the western side of the ground floor, access is provided to a total of 18 apartments arranged over the upper floors, all serviced by a single stair and lift core. The apartments include a mix of studio to three bedroom accommodation and totals 916.03 sq m / 9,860 sq ft NSA. The apartments are of recent construction and present to an extremely high standard, benefitting from the following specifications:
• Timber floors
• Granite work surfaces
• Inbuilt Neff kitchen appliances
• Comfort Cooling
• Underfloor heating
• Lift to all floors
• Majority of apartments include outside space in the form of terraces or balconies

Unit / Floor Size SQFT Description
Unit 1 / 1st Floor 493.0 1 Bed
Unit 2 / 1st Floor 485.0 1 Bed
Unit 3 / 1st Floor 499.0 1 Bed
Unit 4 / 1st Floor 387.0 Studio
Unit 5 / 1st Floor 395.0 Studio
Unit 6 / 1st Floor 388.0 Studio
Unit 7 / 1st Floor 409.0 1 Bed
Unit 8 / 2nd Floor 497.0 1 Bed
Unit 9 / 2nd Floor 489.0 1 Bed
Unit 10 / 2nd Floor 481.0 1 Bed
Unit 11 / 2nd Floor 828.0 2 Bed
Unit 12 / 2nd Floor 389.0 Studio
Unit 13 / 2nd Floor 407.0 1 Bed
Unit 14 / 3rd Floor 755.0 3 Bed Duplex
Unit 15 / 3rd Floor 747.0 3 Bed Duplex
Unit 16 / 3rd Floor 731.0 3 Bed Duplex
Unit 17 / 3rd Floor 737.0 2 Bed
Unit 18 / 3rd Floor 743.0 2 Bed
Total 9860  

Access
  • Parking : Not Known
  • Number of parking places : 0
  • Updated: 02/04/2015
    Reference: 758324
    Residential: For sale, Leasehold, Freehold
    Arrange viewing Request details Download brochure
    Your contact

    Richard Thomas
    5 Aldermanbury Square
    EC2V 7HR

    +44 20 7338 4419

    Steven Cooper
    5 Aldermanbury Square
    EC2V 7HR

    +44 207 338 4045

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