Elderfield House 1-11 Pennyfields 7,039 SF 91% Leased Retail Building London E14 8HP $37,301 ($5.30/SF)

EXECUTIVE SUMMARY

Well-Established Salon Available For Sale – Prime Location on West India Dock Road, London E14Â


An exciting opportunity to take over a well-maintained and fully operational salon in a thriving location, ideal for professionals with a background in hairdressing and beauty. Located in the sought-after E14 area, just moments from Westferry DLR Station and Canary Wharf, this salon offers excellent footfall and a loyal customer base.


Key Details:





  • Rent: £500 per week



  • Contract: 5-year lease with no rent review



  • Renewal: Option to renew for another 5 years, subject to no default



  • Business Rates: None payable



This is a fantastic opportunity for someone looking to grow their own beauty or hairdressing business. The salon enjoys a consistent flow of clients and is ready for immediate operation. It is equally well-suited for someone interested in running it as a Nail Bar only, with great potential for success.


Location Highlights:





  • Address: West India Dock Road, London, E14



  • Borough: Tower Hamlets



  • Nearby Stations:





    • Westferry DLR Station (just a short walk)



    • Canary Wharf



    • West India Quay Station




  • Surrounding Areas: Poplar, Isle of Dogs, Limehouse, Blackwall, and Cubitt Town



Transport & Accessibility:
Located within TfL London Travel Zone 2, the property benefits from excellent transport connections, including DLR and multiple bus routes, making it easily accessible for both staff and clients.


This is a rare opportunity in a vibrant, high-demand area. Ideal for an ambitious entrepreneur ready to take their next step in the beauty industry.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
7,039 SF
Building Class
B
Year Built
1970
Price
$37,301
Price Per SF
$5.30
Percent Leased
91%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
0.02
Lot Size
7.58 AC

AMENITIES

  • Bus Line
  • Security System
  • Signage
  • Automatic Blinds
  • Storage Space
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Alisha Dining
  • -
  • 429 SF
  • -
  • -
  • -
  • 420 SF
  • -
  • -

Established in 1926, Coral is one of the UK's biggest bookmakers. They have shops across the country and a dedicated website at coral.co.uk, offering sports betting, slots, table games, poker and bingo. With their industry-leading Coral Connect card, you have the ability to deposit and withdraw money in shops, and play online alongside a host of other benefits. Coral is part of the Entain Group, one of the world's largest betting and gaming groups with well established brands on the high street and online.

  • Corporate Director -place Directorate
  • -
  • 590 SF
  • -
  • -
  • Hari Express
  • -
  • 526 SF
  • -
  • -
  • Limehouse Newsagent
  • -
  • 493 SF
  • -
  • -
  • Mediterranean Cafe
  • -
  • 500 SF
  • -
  • -
  • River Video
  • -
  • 493 SF
  • -
  • -
  • Scintillate Salon
  • -
  • 493 SF
  • -
  • -
  • Simple
  • -
  • 500 SF
  • -
  • -
  • The Tale of India
  • -
  • 493 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Alisha Dining - 429 SF - -
- 420 SF - -
Corporate Director -place Directorate - 590 SF - -
Hari Express - 526 SF - -
Limehouse Newsagent - 493 SF - -
Mediterranean Cafe - 500 SF - -
River Video - 493 SF - -
Scintillate Salon - 493 SF - -
Simple - 500 SF - -
The Tale of India - 493 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 49 West India Dock
  • 649 SF
  • Retail
  • -
  • Now

The premises comprises a ground floor lockup retail unit within of a three-storey mixed use block. The premises is divided into a large sales area, a small kitchen and a toilet to the rear. The property is in good condition with modern finishes and air conditioning. The property is situated on Birchfield Street, fronting on to West India Dock Road. The property benefits from excellent transport links, being located in close proximity to Westferry DLR Station, and being served by several bus routes. We understand that the property has Class E consent. Prospective tenants should make their own enquiries with the local planning authority.

Space Size Space Use Position Available
49 West India Dock 649 SF Retail - Now

49 West India Dock

Size
649 SF
Space Use
Retail
Position
-
Available
Now

NEARBY MAJOR RETAILERS

Barry's
Pret A Manger
NatWest
Barclays
Sticks'n'Sushi
Santander Bank
Black Sheep Coffee
Starbucks
Costa Coffee
All Bar One
  • Listing ID: 35448509

  • Date on Market: 4/10/2025

  • Last Updated:

  • Address: 1-11 Pennyfields, London E14 8HP