Red House 299 Barking Rd 6,102 SF of Retail Space Available in London E13 8EQ
SUBLEASE HIGHLIGHTS
- Prominent corner location
- Heavy local foot traffic
- Scope to increase services for restaurant and entertainment
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| Ground | 6,102 SF | May 2040 | £40,000 /PA | Fully Repairing And Insuring |
Ground
The property is available on an FRI assignment lease for a term of 20 years with effect from 30/05/22, subject to a rent of £41,352.84 pax plus VAT and rent review on a five yearly basis and increased by annual RPI (collared and capped between 2.5% and 5%). The subject premises is prominently located on a main arterial road and has recently undergone refurbishment, featuring a modern fit-out. There is significant potential to expand the business by introducing additional food and drink offerings during the evening. The property also includes an external forecourt and an unused basement, which could be repurposed as a function room or a separate venue.
- Use Class: E
- Sublease space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Basement
- Private Restrooms
- Wooden Floors
- Basement can be used as a function room or storage
- Late licence for Fridays and Saturdays
- External forecourt
- Recently refurbished
PROPERTY FACTS
| Total Space Available | 6,102 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Internal Area | 6,102 SF |
| Year Built | 1916 |
ABOUT THE PROPERTY
The property comprises a mixed use building with ground floor public house and residential on the upper floor. The 'Red House' premises is situated on the north side of the busy Barking Road (A124), approximately 0.6 miles east of Canning Town. The location offers convenient access to the A13, providing westbound connections to Canary Wharf, Docklands, and the City. Heading east, the A124 leads towards Plaistow, Canning Town Station, 0.7 miles from the property, offers Jubilee Line and DLR services, while Plaistow Station, 0.9 miles away, provides access to the District Line. Additionally, Custom House DLR Station is located 1.2 miles south of the premises. Several bus routes serve the area, offering excellent connectivity to various parts of east London.
- Corner Lot
- Courtyard
- Security System
- Signage
NEARBY MAJOR RETAILERS
