30 July 2025: Wednesday 30 July 2025 - 9:00am
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    Key features

    • Comprises ground floor retail premises
    • Suitable for variety of uses (Class E)
    • Currently holds Use Class E, designated for convenience, tobacco, and newsagent (CTN) use as per the lease.
    • Planning approved in July 2022 for conversion into 1-bed residential apartment (C3). Conversion can proceed subject to landlord’s consent for change of use, as required under lease provisions
    • Situated within a short walk from Stepney Green Underground Station (District line) & Whitechapel (Elizabeth Line)
    • Vacant ground floor corner unit. Approximately 36.8 sq m (396 sq ft)

    Description

    A ground floor prominent corner retail premises. The property benefits from two entrances one from the street and one from the communal lobby area, The property is suitable for variety of uses (Class E).

    Currently holds Use Class E, designated for convenience, tobacco, and newsagent (CTN) use as per the lease. Planning approved in July 2022 for conversion into 1-bed residential apartment (C3). Conversion can proceed subject to landlord’s consent for change of use, as required under lease provisions (C3) Situated within short walk from Stepney Green Underground Station (District & Elizabeth Lines). Nearby occupiers include Tesco Express and Sainsbury`s Superstore.

    Vacant

    Additional information

    Tenure

    Long leasehold. (Share of Freehold) Held on a 999 year lease from 29th September 2001 at a ground rent of peppercorn.

    Notes

    Joint Agent:

    Joseph Bachman - Blue Alpine

    E: joseph@bluealpine.com

    T:  0203 771 0697

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Centrally located to the south of Mile End (A11) and less than two miles from the City of London. The Queen Mary University and Royal London Hospital are both within half a mile. The green open spaces of Stepney Green Gardens are within walking distance. The property is situated within short walk from Stepney Green Underground Station (District & Elizabeth Lines). Nearby occupiers include Tesco Express, Sainsbury`s Superstore, Cinema, and more.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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