Substantial Freehold Former Police Station with Redevelopment Potential (Subject to Consents)
Substantial Former Police Station now with E-class planning use
Total Gross Internal Area of 1,254.00 sq m (13,500 sq ft)
Future change of use or Redevelopment potential (subject to consents)
Entirely let on a 5 year lease until February 2030 (no breaks)
Occupational Lease Outside the Security of Tenure Provisions of the Landlord and Tenant Act 1954
Situated 1 mile south of Canary Wharf and the O2 Arena
Lot 9
Auction 18th September 2025
Rent £204,000 per Annum Exclusive
Status Available
Guide* £2,750,000 - £3,000,000
Sector Office, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1 mile south of Canary Wharf, 1 mile south of the O2 Arena
Roads
A1206, A1261, A13
Rail
Island Gardens DLR Statio (Zone 2), Mudchute DLR Station (Zone 2)
Air
London City Airport, London Heathrow Airport
Situation
The property is located in London Docklands, some 1 mile south of Canary Wharf and the O2 Arena, in a predominantly residential area. The property is situated on the east side of Manchester Road (A1206), close to Island Gardens and Greenwich pedestrian Tunnel, that conveniently links London Docklands to Greenwich.
Tenure
Freehold.
Location
Miles
1 mile south of Canary Wharf, 1 mile south of the O2 Arena
Roads
A1206, A1261, A13
Rail
Island Gardens DLR Statio (Zone 2), Mudchute DLR Station (Zone 2)
Air
London City Airport, London Heathrow Airport
Situation
The property is located in London Docklands, some 1 mile south of Canary Wharf and the O2 Arena, in a predominantly residential area. The property is situated on the east side of Manchester Road (A1206), close to Island Gardens and Greenwich pedestrian Tunnel, that conveniently links London Docklands to Greenwich.
Tenure
Freehold.
Description
The property comprises a substantial three storey former police station which now has a planning use 'E-class', formerly 'B1 use' and the current tenant operating the property as a residential House in Multiple Occupation.(1) The property benefits from a site area of 0.18 Ha (0.45 Acres).
The property may suit future change of use subject to obtaining the necessary consents
VAT
VAT is applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to pay to the Seller on completion, a contribution to the Seller's costs in addition to the purchase price.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial three storey former police station which now has a planning use 'E-class', formerly 'B1 use' and the current tenant operating the property as a residential House in Multiple Occupation.(1) The property benefits from a site area of 0.18 Ha (0.45 Acres).
The property may suit future change of use subject to obtaining the necessary consents
VAT
VAT is applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to pay to the Seller on completion, a contribution to the Seller's costs in addition to the purchase price.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground First Second
E-Class. Currently being used as a House in Multiple Occupation (1)
418.00 418.00 418.00
(4,500) (4,500) (4,500)
DIAKO PROPERTY MANAGEMENT LTD (CRN 13585012)
5 years from 03/02/2025
£204,000
03/02/2027 03/02/2029
Total Approximate Floor Area
1,254.00
(13,500)
£204,000
(1) The tenant is operating the property as a House in Multiple Occupation (HMO) for which and Enforcement Notice has been serve by the London Borough of Tower Hamlets. See Legal Pack
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
