**Standout Features:**
- Prime commercial property in New Providence Wharf, E14 9PF
- Close to Canary Wharf and excellent transport links
- Ground floor unit with established tenants (La Mook café and Our Village Nursery)
- Freehold tenure, chain-free purchase
- Total space of 1,672 sq. ft.
- Average crime rate in a vibrant, multicultural area
- Attractive rental yields (La Mook at £12,532 pa, Our Village Nursery at £30,000 pa)
**Concerns:**
- 10-year lease nearing expiry in 2029 for La Mook; significant concerns for mortgage lenders
- Recent renovations to ensure fire safety with ongoing investment in the area
Nestled in the bustling heart of East London, this expansive commercial property represents a lucrative investment opportunity. With a total of 1,672 sq. ft., it features prime ground floor space leased to reputable tenants, promising steady income streams. Enjoy peace of mind with established businesses: La Mook café, a local favorite since 2009, and Our Village Nursery, dedicated to providing a nurturing environment for children.
Located near key amenities including the Radisson Blue hotel, retail outlets, and a riverside park, this property benefits from growing interest due to nearby developments like the Providence Tower. The vibrant multicultural neighborhood offers not just a place to invest, but a lifestyle. While future financing may be a concern due to La Mook's lease expiration in 2029, the potential for abundant foot traffic and continuing area revitalization could drive appreciation. This is a remarkable chance to step into a prime business location; properties like this, with dual leasing opportunities, won't remain on the market long!
