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Plot
Key information
Property description & features
- Tenure: Freehold
• The Site currently comprises a four-storey industrial warehouse (use class B1) with rear courtyard containing a separate two-storey masonry building and single-storey workshop, totalling 24,520 sq ft GIA (19,830 sq ft NIA).
• There is extant planning permission for the addition of a basement and ground plus five storey building to the rear to provide 73,800 sq ft GIA (53,670 sq ft NIA) of office accommodation and flexible retail space at ground level (Reference: PA/17/01732).
• Buckley Grey Yeoman (BGY) architects have produced a feasibility study supporting a residential-led scheme comprising 49 units (14 x 1-beds, 26 x 2-beds and 9 x 3-beds) and 3,208 sq ft NIA of commercial space, set across ground plus six storeys, totalling 46,941 sq ft GIA (44,626 sq ft NIA).
• Planning consultants DP9 have provided a positive planning statement which supports the scheme and demonstrates how it adheres to the planning context of the site.
• Offers are invited for the freehold interest on an unconditional, subject to contract, only basis.
The Site is located a one-minute walk (100 metres) from Bethnal Green Underground station (Central Line and Overground) and an eight-minute walk (0.4 miles) from Cambridge Heath station (Overground).
London Borough of Tower Hamlets (LBTH) is one of the most diverse boroughs in London, and enjoys a broad range of cultural and leisure opportunities with popular hubs such as Shoreditch, Spitalfields, Stratford and Columbia Road all within walking distance of the Site.
The immediate area also benefits from a wealth of restaurants, cafes and bars particularly along Bethnal Green Road as well as in the neighbouring railway arches of Paradise Row.
The area enjoys an abundance of green spaces with Victoria Park, the Queen Elizabeth Olympic Park and the Hackney Marshes all within close proximity of the Site.
Places of interest
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Property reference TGW012301490. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank - City & East, Residential Development.
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Broadband availability and predicted speed: obtained from Ofcom on July 19, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on July 19, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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