Plaistow Hub is a new development by Populo Living that will provide 182 new one, two and three bedroom homes all for private rent and will feature a new community hub around Plaistow Station.
It consists of two elements:
London Road, next to the station, providing 100 new homes over 23 floors. Valetta Grove, offering 82 homes to rent over 15 floors, with a library, a Co-op supermarket, gym and coffee shop. It will be a new hub for the neighbourhood.
Valetta Grove Commercial
This ne unit is directly located virtually opposite to Plaistow Station (District, Metropolitan & City Line) just off the A1 12 Plaistow Road.
It provides a prominent corner location at the junction of Valetta Grove and Plaistow Road.
This unit provides a large return frontage providing good visibility onto the main road.
Location
Plaistow is a suburban area of East London within the Borough of Newham.
It adjoins Upton Park to the north, East Ham to the east, Beckton to the south, Canning Town to the south-west and West Ham to the west.
The main roads are the A112, Prince Regent Lane, Greengate Street, The Broadway, High Street and Plaistow Road, which is a former Roman road and the A124 (Barking Road), which passes south west / north east through Plaistow and past the former West Ham United football ground.
Accommodation
The property affords the following approximate areas:
Ground Floor – 197.4 sq m (2,125 sq ft)
The unit will be handed over in shell condition with capped off services.
Terms
Planning – We understand that this unit has planning consent for a restaurant however other uses will be considered subject to planning.
Lease – A new full repairing and insuring lease for a minimum term of 10 years incorporating 5 yearly upward only rent reviews to be held outside the Landlord and Tenant Act.
Rent - £40,000.00 per annum exclusive of VAT rates, service charges and landlords insurance.
Rates & Service Charges – To be confirmed.
Handover – Now
Legal Costs – Each party to bear their own legal costs however fit-out approval costs of £2,000.00 plus VAT are to be paid by the ingoing tenants.
Specification
- Large Return Frontage
- Close to Plaistow Station
- Prominent Frontage onto the A112
- Good Outside Seating