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 further planning application dated 20th March 2019 for the front 3 storey building erection of third and part fourth floor extension: First floor side extension; change of use of second floor from office use (use class B1) to residential (use class C3); provision of 9 residential units on second, third & fourth floors (x3 one – bedroom, x4 two- bedroom, x2 three- bedroom); change of use of ground floor from café/ social club (use class D2) & 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 & soft landscaping, car parking, changes to windows & doors & provision of balcony & roof terraces.
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