Price Range: from £200 to £2,500,000
Size Range: from 10 SqFt to 1,000 SqFt
Other Features
Land Area Range: from 10 SqFt to 1,000 SqFt
£385,000

Description

An excellent opportunity to acquire Shadwell House, a well-presented and generously proportioned two-storey commercial building extending to approximately 2,188 sq ft (203 sq m), complemented by a private car park offering valuable off-street parking.

Situated in a convenient and accessible location, the property is currently occupied by a long-standing tenant whose lease has expired. The tenant is keen to remain and has expressed willingness to enter into a new 10-year lease. However, the vendor, due to personal circumstances, is not in a position to commit to a new term and is offering the property with vacant possession.

To facilitate this, a buyout arrangement has been agreed with the tenant for the sum of £44,000, equivalent to two years’ council tax (£22,000 per annum). This cost is in addition to the purchase price and would enable a clean break should the buyer wish to occupy or re-let.

Accommodation (Approximate Sizes):

Ground Floor – Approx. 99 sq m / 1,062 sq ft

Office: 6.23m x 5.34m (20’5″ x 17’6″)
Office: 4.55m x 2.78m (14’11” x 9’1″)
Office: 4.52m x 3.63m (14’10” x 11’11”)
Office: 3.21m x 7.71m (10’6″ x 25’4″)
Kitchen: 1.66m x 2.19m (5’5″ x 7’2″)
WC: 1.70m x 1.15m (5’7″ x 3’9″)
Multiple hallways and entrances
First Floor – Approx. 105 sq m / 1,127 sq ft

Office: 6.65m x 5.53m (21’10” x 18’2″)
Office: 3.99m x 4.32m (13’1″ x 14’2″)
Office: 3.17m x 4.74m (10’5″ x 15’7″)
Office: 3.91m x 5.86m (10’6″ x 19’3″)
Office: 3.94m x 3.58m (12’11” x 11’9″)
Kitchenette: 1.43m x 1.80m (4’8″ x 5’11”)
Two WCs
Landing areas

Tenure:
Freehold – offered with vacant possession, subject to agreed tenant exit terms.

Parking:
Private car park included, providing off-street parking for staff or clients.

Vendor’s Note:
The current tenant has a long-standing presence in the building and is committed to remaining. The vendor’s decision to sell stems from personal circumstances. This is a rare chance to secure a well-established commercial asset with flexibility on occupation or future leasing.

Viewing:
Strictly by appointment via KMJ Property – Marc Johnson

Overview

Details

  • Property ID 9126
  • Price £385,000
  • Property Type
  • Property Status
  • Property Label
  • Size 2,189 SqFt

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