Stamford Hill, London N16 6TT
Offers in the region of £1,300,000
The existing property comprises a 3-storey commercial building, arranged as an A1 retail unit at ground floor level extending to approximately 1,474 sq.ft. GIA, which is currently trading as a wedding dress shop and will be vacant upon completion. The 1st and 2nd floors are used as ancillary storage for the retail unit; we understand both floors in their entirety extend to approximately 1,318 sq.ft. GIA.
The building is mid-terraced and currently accessed via Stamford Hill, with a secondary entrance to the rear of the property via Tatton Crescent.
The property is located on Stamford Hill, within the sought-after London Borough of Hackney. The immediate location comprises mainly commercial uses, with a number of shops, restaurants and amenities located on the high street.
Stamford Hill station is located approximately 0.2 miles from the property, providing direct London Overground services into Central London (London Liverpool Street) in under 20 minutes.
Planning & Development Potential
The property offers potential for residential development by way of converting and extending the first and second floors, alongside a roof extension, subject to planning permission.
The property is sold freehold, subject to vacant possession on completion.
Offers are invited in the region of £1,300,000 for the freehold interest.
We understand the property is elected for VAT.
Further information can be provided on request.
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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- 3-storey commercial building comprising an A1 unit at ground floor level and ancillary storage forming the upper parts, extending to approximately 2,792 GIA sq.ft. in total
- Potential for residential development by way of converting and extending the upper parts, subject to planning permission
- Sought-after location approximately 0.2 miles from Stamford Hill Station (London Overground)
- Offers invited in the region of £1,300,000 for the vacant freehold interest
To discuss this opportunity further, please contact Joe Goldsmith or Ross Kemp on 020 7183 2529.