Map view Street view 303 Commercial Road, London, E1 2PS 700 Sq Ft / Retail / Class E - incl Office Leisure Healthcare For Sale - £345,000.00 Available - Last updated: 16 June 2026 Summary An excellent and superbly operated Retail Unit arranged across Ground & Basement floors let to a secure and well-regarded local business. This property comprises a highly visible corner site, operating as Alauddin Sweets that is let on a 25 year term from 27/08/2013 with 5 yearly rent reviews, currently generating a Headline Rent of £29,000 per annum, gross. The terms of the lease include all utility bills with the tenant being responsible for Business Rates, generating a net income of £24,000 per annum, equating to Net Yield of 7%. A further Open Market Rent Review is due in August 2028. Key Points Extremely visible Retail Unit let to a long-term tenant Generating a Gross Income of £29,000 p/a before allowances Arranged over Ground & Basement floors Vibrant parade with high levels of footfall Rent Review due in August 2028Location The area is a vibrant mix of residential and commercial spaces, nestled between the historic Brick Lane and the modern Docklands. It is a short walk to Spitalfields Market and the bustling tech districts around Aldgate and Whitechapel. - Aldgate East Station: District and Hammersmith & City lines. - Shadwell Station: Overground and DLR, providing direct links to Canary Wharf and Bank. - Whitechapel Station: Access to the Elizabeth Line, offering rapid travel across London. PRICE: £345,000 Long Leasehold Subject to Contract RATEABLE VALUE: £11,750 Per Annum. RATES PAYABLE: To Be Confirmed. RETAIL PREMISES: (USE CLASS E): 65 sq m / 700 sq ft. LOCAL AUTHORITY: London Borough of Tower Hamlets. VAT: The property is not elected for VAT. POSSESSION: Subject to the existing lease agreement. LEGAL COSTS: Each party is to pay their own legal costs. VIEWINGS: Strictly by appointment with Sole Agents Meridian Commercial Property Partners LTD Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Leasehold £345,000.00 NA Documents and links MCPP 303 CommRdE1 Particulars May26.pdf da9a688b1a2939a7470ffd356edb28ce.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist