Alpine Way - Former Ski Slope
3 Acres of Commercial Land Offered at $1,847,634 CAD in London E6 6LA
INVESTMENT HIGHLIGHTS
- The property occupies a prominent position off Newham Way (A13)
- London City Airport is also located within close proximity of the site being 2.3 miles from the property
- The nearest train station is Beckton DLR station, being located 0.4 miles from the property
EXECUTIVE SUMMARY
Offering opportunity for redevelopment or different uses subject to obtaining the necessary consents.
Offers are invited in excess of £1,000,000 for the leasehold interest. Whilst unconditional offers are preferred consideration also given to promotion agreements or a rental offer.
The property is held on a 125 year lease from 1st November 1986 with approximately 87 years left until expiry. The annual rent payable under the lease to the Landlord is £25,000pa.
Offers are invited in excess of £1,000,000 for the leasehold interest. Whilst unconditional offers are preferred consideration also given to promotion agreements or a rental offer.
The property is held on a 125 year lease from 1st November 1986 with approximately 87 years left until expiry. The annual rent payable under the lease to the Landlord is £25,000pa.
PROPERTY FACTS
| Price | $1,847,634 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Long Leasehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Building Class | C |
| Total Lot Size | 3.00 AC |
1 LOT AVAILABLE
Lot
| Price | $1,847,634 CAD |
| Price Per AC | $615,877.87 CAD |
| Lot Size | 3.00 AC |
Approximately 3 acres of leasehold land comprising a former dry ski slope.
DESCRIPTION
The property comprises a leasehold site extending to approximately 3 acres occupied by a redundant dry ski slope. Originally the site of the Beckton Gas Works, the ski slope was created in the 1980’s from excess clay and other materials as a result of the extraction of the new British Library but has closed since 2001.
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