East Ham, E6 1HY
For enquiries:
Alex Lowry - tel: 07801 966825
[email protected]
Craig Fisher - tel: 020 3216 3911
[email protected]
Description: The Market Place is a striking new indoor retail arcade that will feature a water wall entrance from Myrtle Road. It will give visitors a place to eat, drink and shop in the heart of East Ham, providing a modern indoor space whilst honouring the history of the Market Hall. The redevelopment, a joint venture between Barratt Homes, Dransfield Properties and Land Management is one of East Ham’s most important regeneration schemes. The development has been built on the site of the old Market Hall, owned, and operated by Land Management for 90 years, originally built to provide employment opportunities to World War 1 veterans and their families.
The site has now been transformed to provide 277 apartments and duplexes and the new Market Place shopping mall. The Market Place will include approximately 21,500 sq. ft. of retail floor space across 15 new units. With two entrances to the scheme, one on Pilgrims Way, close to Primark, and the other on Myrtle Road by Sainsbury’s, shoppers will be drawn to this new town centre focal point close to East Ham’s busy High Street North.
Location: East Ham is a great place to live, work and shop, catering to a wide demographic. Within the London Borough of Newham, around 8 miles east of Charing Cross and with a resident population of around 76,000. The area benefits from excellent transport links and is becoming increasingly popular with young professionals. It is now a straightforward commute to the City of London, Canary Wharf, Stratford or the West End, served by the Hammersmith & City and District tube lines.
The new Market Place is situated at the southern end of High Street North, close to its junction with Barking Road (A124), in East Ham’s busiest shopping district. East Ham Underground Station is approximately 700m (0.4 mile) to the north.
Rates: The current rateable value of Unit 5 £48,750. Based on the small business rates multiplier the approximate rates payable would be £24,960 per annum. All other units are yet to be assessed for business rates. All interested parties must rely on their own investigations to confirm this information.
Units:
UNIT 1 – 2,533 sq ft – £69,500 rent per annum
UNIT 2 – 2,571 sq ft – £71,000 rent per annum
UNIT 2A – LET TO UTHAYA HAIR & BEAUTY
UNIT 3A – LET TO STARBUCKS
UNIT 3B – Under Offer
UNIT 4 – 1,952 sq ft – £65,000 rent per annum
UNIT 5 – Under Offer
UNIT 6 – 1,294 sq ft – £45,000 rent per annum
UNIT 7 – 757 sq ft – £28,500 rent per annum
UNIT 8 – LET TO BLUE JEWELLERS
UNIT 9 – 1,185 sq ft – £32,500 rent per annum
UNIT 10 – 900 sq ft – £29,500 rent per annum
UNIT 11 – 1,386 sq ft – £45,000 rent per annum
UNIT 12 – 1,368 sq ft – £37,500 rent per annum
UNIT 13 – 1,071 sq ft – £29,500 rent per annum
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