1 Bidder Street

1 Bidder Street, London, E16 4ST, UK

Asset Description

There are two interconnected warehouse buildings constructed on the site, providing a total circa 12,875 sq ft with an additional mezzanine of 632 sq ft.

On the west of the site is a unit constructed with brick faced elevations, with a steel frame and pitched profile steel roof with inset translucent panels. There is a roller shutter loading door from the yard to the main warehouse area, with an eaves height of circa 5.4 metres, and at first floor level open plan offices, kitchenette/staff facilities, WCs and showers. The rear of the building connects with the building to the east of the site, which is a single storey warehouse with height ranging from 4.9m to 8.3m. Once again this has brick faced elevations with a pitched roof with inset natural light panels, and a sliding metal loading door.

LOCATION AND SITUATION

Canning Town is located in East London, within the London Borough of Newham.
The site is located approximately 6 miles to the east of the City of London and 3 miles east of Canary Wharf .
London City Airport is located 1.5 miles to the south-east.
Star Lane – DLR (0.1 mile) and Canning Town (DLR and Jubilee) stations are the nearest stations. West Ham station (DLR Hammersmith & City, District and Jubilee) is also located 0.6 mile away, with overland rail services.
Surrounding occupiers in the immediate vicinity include Selco, Howdens, Screwfix, Toolstation, Eurocell, CCF, Brandon Hire, CEF and Edmundson Electrical.
Canning Town benefits from excellent road communications. The A13 and A1261 are located immediately to the south of Bidder Street, and the A1011 is immediately to the East, where Berkeley are developing a new residential scheme. Blackwall Tunnel is located approximately 1.7 miles west of the property, providing direct access on to the A12 and A13.
The new Silvertown Tunnel opened in April 2025 linking Silvertown to the Greenwich Peninsula, it is approximately 2.5 miles east of the property.
Last year consent was given for a 80MW £750 million project for a hyperscale data center in Bidder Street, and could be up and running by 2027.
Surrounding amenities include the O2 arena and the ExCel Centre.

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Attributes

Building area net

1,196 m²

Year built

1980

Land area gross

1,196 m²

Media

Investment Highlights

Property: Freehold last mile industrial/warehouse estate investment
Location: East London, approximately 6 miles east of the City of London and 3 miles east of Canary Wharf.
Description: Two interconnected warehouse buildings totaling approximately 12,875 sq ft with an additional mezzanine of 632 sq ft on a site of approximately 0.401 acres.
Tenancy: Let on two long leases expiring 20 June 2057 to Bonus Buildings Ltd (formerly Belstar Engineering Ltd), producing a current total income of £1,200 per annum.
Planning: Planning consent obtained in April 2020 for demolition and replacement with a three-story warehouse with trade counter and offices.
Proposal: Offers are invited for the freehold interest, subject to contract and exclusive of VAT, with a £5,000 + VAT contribution required for the vendors' sale costs.