Land for sale
Property description & features
- Tenure: Freehold
- Freehold For Sale
- Development Opportunity
- 9 Residential Units
- 4 Commercial Units
- Planning Approval Pending
- £2,500,000 Guide Price
The site is located in the increasingly popular East London neighbourhood of Homerton, just a short walk from Homerton Station and the fashionable Chatsworth Road which has a mix of cafes, bars and boutiques and a popular Sunday market. Victoria Park and the Hackney Marshes are both within a 10 minute walk and an increasing number of gastropubs and upmarket chains have seen the area attract a young and affluent demographic of residential buyers. Historically, the immediately surrounding area was fairly industrial, but in recent years a number of commercial buildings and vacant sites have been redeveloped into mixed use schemes comprising commercial space at ground level and flats above.
The freehold is available subject to a guide price of £2,500,000 (VAT not applicable). All other terms and conditions by negotiation.
The accommodation comprises the following areas:
A planning application has been submitted for the demolition of existing commercial building; and erection of a 6 storey mixed-use building comprising commercial/community floorspace (use class E) and 9 residential units with associated cycle parking and refuse and recycling facilities. Full details can be found via the Hackney planning portal under ref-2021/0696.
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on February 23, 2022
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Mobile phone signal availability and predicted strength
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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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