High Road, Chadwell Heath RM6 6NU
Offers in the region of £4,000,000
The property comprises a former Public House arranged over basement, ground and first floor, which is currently vacant.
The main 2-storey section of the building fronts on to High Road, with single-storey outbuildings and beer garden to the rear.
The buildings occupy a rectangular site of approximately 0.8 acres which incorporate a substantial car park which is accessed directly from High Road.
The site is bounded by residential properties to the east, shops with residential uppers to the west and a church hall to the south.
The property occupies a prominent position on the corner of High Road and St Chad’s Road in Chadwell Heath, within the London Borough of Barking & Dagenham.
The property is situated in close proximity the numerous shops and amenities of Chadwell Heath town centre, including a Sainsbury’s superstore circa 100m to west along High Road.
St Chad’s Park (a large public park) is located a short walking distance to the north of the site.
Chadwell Heath Station is located approximately 650m from the site, offering TFL Rail services into Central London. Currently journey times to Liverpool Street are circa 27 minutes, although this will be reduced to circa 23 minutes (with Bond Street accessible in 31 minutes) once the full Crossrail Route opens in 2019.
Planning & Development Potential
We understand that the property currently benefits from A4 (Drinking Establishments) Use Class.
The property is locally Listed. We understand that Historic England have refused an application for a National Listing. The site is not located within a Conservation Area.
The property offers potential for comprehensive redevelopment by way of either a fully residential or mixed-use scheme, subject to obtaining the necessary consents.
All planning enquiries should be directed to the London Borough of Barking & Dagenham on 020 8215 3000.
The property is to be sold freehold with vacant possession on completion.
The property is not elected for VAT.
Offers are invited in the region of £4,000,000.
The property is also available on a new FRI lease on terms to be agreed.
Further information can be found in the dataroom using the password ‘Chadwell’.
Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.
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- Former Public House (now vacant) with beer garden and car park occupying a rectangular site of approximately 0.8 acres
- Potential for comprehensive residential or mixed-use redevelopment, subject to planning permission
- Located in the town centre in close proximity to Chadwell Heath Station, which operates TFL Rail and Crossrail services
- Offers invited in the region of £4,000,000 for the freehold interest
- Offers also invited for a new FRI lease on terms to be agreed
To discuss this opportunity further, please contact Paul Heale or Keir Goldstein on 020 7183 2529.