Location On Map
DEVELOPMENT OPPORTUNITY COMMERCIAL BUILDING FREEHOLD FOR SALE
The property is on the north side of Victorian Grove immediately at the junction of Stoke Newington High Street N16. The immediate area has seen various new commercial and residential developments. The area is well served by shops and restaurants together with recreation and public space of Clissold Park. Transport facilities are good with Stoke Newington British Rail Station being close by. Numerous bus routes also serve the area.
The premises comprise a three storey commercial building fronting onto Victorian Grove and arranged over ground, first & second floors. The building has a small front forecourt for loading/parking.
AREAS (ALL DIMENSION ARE APPROXIMATE)
Ground Floor – 4,965 Sq. Ft (160.95 Sq. M)
First Floor – 4,995 Sq. Ft (463.72 Sq. M)
Second Floor – 4,560 Sq. Ft (423.61 Sq. M)
Total – 14,520 Sq. Ft (1,348.94 Sq. M)
Planning permission Subject to a Section 106 and CIL was granted by the London Borough of Hackney on 31st March 2015 for the erection of third and part fourth floor extensions, first floor side extension, change of use of second floor office use (Use Class B1) to residential ( Use Class C3), provision of 9 residential units on second, third and fourth floors ( 3 x one bedroom, 4x two-bedroom, 2x three-bedroom), change of use of ground floor from café / social club ( Use Class D2) and office ( Use Class B1), to provide office space ( Use Class B1), use of first floor to provide offices ( Use Class B1), external alterations including hard and soft landscaping, car parking, changes to windows and doors and provision of balconies and roof terraces. Planning Ref No 2014/1057. This permission has now expired.
Our clients subsequently submitted an application dated 27th April 2018 for change of use of the front three storey building from Class B1A Offices to residential to provide 15 x1 Bed flats and 10 x 2 bed flats 15 of the flats will have outside space.
Planning Application Number 2018/1557 . This application was refused
Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.
COMMERCIAL LEASE CODE
Christo & Co have advised their clients about The Code for Leasing Business Premises in England and Wales 2007. The code strongly recommends seeking professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code is available via the website www.leasingbusinesspremises.co.uk
Strictly by prior appointment through SOLE Agents as above.
SUBJECT TO CONTRACT
NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: February 2018.