Savills | Goodman's Fields, London E1 8AL | Property for sale
Excess of £21,150,000

Goodman's FieldsLondon E1 8AL

  • Joint Sole Agent
  • Freehold
Investment
Yield 5.8%Yield

Key features

  • Virtual freehold with 999 years
  • 15 minute walk to the Elizabeth Line at Liverpool St and Whitechapel stations
  • The portfolio comprises of 12 commercial units across the 4 residential blocks
  • Total passing rent of £1,308,990 per annum (inclusive of top ups)
  • 65% of the income benefits from index-linked reviews
  • WAULT of 13.2 yrs to expiries and 9.3 yrs to breaks

The subject portfolio comprises 12 commercial units arranged over ground floor providing 38,735 sq ft (3,598.6 sq m).

About this property

  • The subject portfolio comprises of 12 commercial units across the four residential blocks and include Amazon Fresh, Boom Battle Bar, two gyms, a chemist, three restaurants, Tian Tian supermarket and two coffee shops. The units comprise 38,735 sq ft (3,598.6 sq m) of retail and ancillary accommodation arranged over lower ground and ground floors. The extensive landscaped estate provides a unique backdrop for these businesses to thrive and has been designed to provide a seamless link to Leman Street, Alie Street and the wider surrounds. The estate is a vibrant active community with approximately 1,000 high quality residential apartments (all sold), a 250-bed Premier Inn hotel and a high-end student accommodation home to over 600 students annually. The total commercial element comprises 199,308 sq ft (18,516 sq m) of well-configured and purpose-built space.

A unique curated investment opportunity, within London’s most diverse and exciting sub-market.

Hannah HeslopProperty agent

Local information

  • Goodman’s Fields is located in the heart of Aldgate strategically positioned between two key London thoroughfares Leman Street and Commercial Road. The site is bounded by Alie Street to the north, Leman Street to the west, Bridle Mews and Hooper Street to the south, and Gower’s Walk to the east.
  • Goodman’s Fields benefits from unrivalled transport connectivity being a
  • gateway between the City and the East of London, 3 minutes from Aldgate East. The estate is located less than 15 minutes’ walk away from five Underground stations.

Additional information

  • An attractive and diverse income stream benefitting from a WAULT in excess of 13.23 years to expiry and 9.32 years to breaks.

Energy performance

The units each have an Energy Performance Certificate, copies of which are provided in the online data room.