Property investment company pay £2.1m for Stratford high street unit
News is in that Custodian REIT have recently acquired a high street premises on The Grove for £2.1 million. Their faith in the continued growth of the area is testament to the ongoing regeneration and investment here. The unit consists of ground floor retail space alongside a first floor office suite. It is currently rented with tenants committed for the foreseeable future.
Richard Shepherd-Cross, Custodian’s discretionary investment manager said, “Following the London 2012 Olympics, Stratford in E15 is now well established as East London’s most significant retail and leisure destination, with completion of the Crossrail project due in December 2019 set to further enhance the area.”
Stratford as London’s leading retail & leisure destination
Since the Olympics brought Stratford onto the tip of everyone’s tongues, this East London gem has gone from strength to strength. It has become one of London’s premier retail and leisure destinations.
With any number of things to do in the area there is something for everyone. From the Aquatic Centre to Queen Elizabeth Olympic Park alongside Theatre Royal Stratford East, it has something for everyone. For the children there is also the Discovery Children’s Story Centre which is a fantastic experience.
Moreover, there are many eateries and places to rest and refuel after enjoying all the amenities this superb place has to offer.
Investment in retail & commercial developments in Stratford
Westfield Stratford City Shopping Centre is one of the pioneering investments in the area. There are now many retail experiences on offer in this thriving town. All of these leisure and retail facilities bring more growth and opportunity to the locality. Footfall has increased exponentially. Likewise employment is up. Investors can still get on board with commercial and residential developments to help the area flourish even more.
Opportunities in Stratford
If you wish for any further information on investing in Stratford we can help you. Give our team a call and we can talk you through any questions you have.