The Property This is a vacant industrial estate totalling 80,000 sqft, immediately off the A102M Blackwall Tunnel Approach Road. The estate is on the boundary of the 2012 Olympic Zone, is in 9 buldings from 6,000 sqft to 12,000 sqft, all of which can be combined, constructed in the 1980’s and until recently let to London Borough of Newham. This property is not tired, it is absolutely exhausted following years of neglect. We get vacant possession this coming Autumn, when we will repair the buildings, improve security and relaunch the development as Stratford Hub.
We will let on short or long leases as required and expect very considerable demand both from companies being relocated as a result of the Olympics (currently known as Olympic Refugees) and from those needing very fast access both into and out of Central London, in particular the City and Canary Wharf. We also anticipate enquiries from major City organisations for archive storage; two of the buildings have up until now been occupied by Deloitte and Morgan Stanley.
Why Buy? This is our first buy in partnership with Glebe (www.glebe.com). It was brought to us in an offmarket transaction as the Seller was aware of numerous potential problems and understood that the Buyer would have to be both innovative and adventurous. As at Autumn 2006, we are formulating strategy to take advantage of the estate’s excellent distribution location on the edge of the Olympic Zone and the superb access both into and out of Central London.
Please click on the images below to enlarge.
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| Exhausted but functioning | Exhausted | |
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| More exhaustion | Skips provide security |
Navigator Securities
15 Bruton Place
London W1J 6LU
Ivor A French FRICS
T 020 7529 5544
M 078 9999 1111
Email Ivor
David Coleman MRICS
T 020 7529 5540
M 07956 966 677
Email David