Location On Map
DEVELOPMENT OPPORTUNITY – COMMERCIAL BUILDINGS – 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 property comprises a three storey commercial building fronting onto Victorian Grove together with various existing single storey derelict factory buildings at the rear, approached via a separate driveway on a covered site area of 0.97 acres. The property would ideally suit a Residential/Commercial redevelopment subject to obtaining Planning Permission.
AREAS (All Dimensions Are Approximate):
Front Main Building 14,520 Sq Ft (1,323 Sq M)
Rear Site 37,000 Sq Ft (3,437 Sq M)
Total site area including buildings 51,520 Sq Ft (4,786 Sq M)
Our clients have now submitted a planning application dated 27th April 2018 for the front 3 storey building for prior approval for a proposed change of use of the building from office use class B1A to residential to provide within the envelope of the building to 15x 1 bedroom flats and 10x 2 bedroom flats. 15 of the units to have outside space. Further details can be found on London Borough of Hackney Planning Portal website. Planning Application number- 2018/ 1557
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.
SUBJECT TO CONTRACT