This unit is located on the corner of Block B facing the main pedestrian walkway directly from Bromley by Bow Station to the development.
The unit will benefit from outside seating.
Location
Leaside Lock is located in Tower Hamlets on the east side of the A12, directly opposite to Bromley by Bow station, which provides a 12 minute commute to Bank and 16 minutes to Canary Wharf. To the north and west is Bow, to the east is Stratford and West Ham, and to the south is Poplar and the Docklands.
Being well-positioned for Canary Wharf, the City and Stratford, Leaside Lock can easily be reached by all means of different transportation. The underground station is currently undergoing a £4m redevelopment and the station service the District line and the Hammersmith & City line, ad is in Travelcard Zones 2 and 3.
Additionally Bow Road station is just a few minutes walk away which is very close to the Docklands Light Railway (DLR) service at Bow Church ad Devons Road. London City Airport is about a 20 minute journey away via the DLR.
Leaside Lock sits at the heart of the Greater London Authority’s Stratford Opportunity Area. Infrastructure investment across the area is already underway, including support the delivery and expansion of new and existing schools, healthcare facilities, and improved access to the Lower Lea Valley.
The London Legacy Development Corporation is the catalyst for the introduction of retail, flexible workspace and private workspace. Leaside Lock is a key part of this regeneration, with The Guinness Partnership delivering over 962 homes and a range of commercial spaces that create a key entry point from Bromley-by-Bow station.
The approved NMA in March 2019 allows for a total of 3703 sq m of commercial floorspace. This includes: Retail (A1-A4) 819 sq m, Flexible Community / Workspace (D1/B1) 1642 sq m, Private Workspace (B1) 1242 sq m. Identified in the LLDC Local Development Plan 2015-2031 as an ‘area of new business and residential communities that find a focus a the new District Centre designation coupled with the increased residential development is key to the development trajectory of wider areas.
900 homes will be provided and a range of commercial spaces that will define the District Centre and create a key entry point from the station, directly into the regeneration area.
Accommodation
The unit will have the approximate floor areas:
Ground Floor – 79 sq m (846 sq ft)
Terms
Leases – A new lease by arrangement held outside the security provisions of the Landlord & Tenant Act 1954 – Part 2.
Rent – £29,500.00 per annum exclusive (all rents are exclusive of VAT, Rates, Service charges & landlords insurance).
Rates & Service Charge – On application
Proposed Use – The developer is searching for a quality coffee shop/sandwich bar (not restaurant or fast food take away) to operate in this site.
Approval Costs – The shop fitting approval costs will be £2,500.00 plus VAT payable by the ingoing tenant.
Legal Costs – Each party to bear their own costs.