FOR SALE

Hoe Street, Walthamstow E17 4SD

Offers in the region of £2,000,000

Description

The property comprises a 2-storey mixed-use building comprising of 2 x commercial units and 2 x apartments extending to circa 3,121 sq.ft. in total.

The property is occupied on short term agreements where vacant possession can be achieved. Further information is available on request.

Location

The site occupies a prominent corner position on Hoe Street in Walthamstow. The Local Authority is the London Borough of Waltham Forest.

The immediate area comprises a mix of residential and commercial uses, with the nearest shops and local amenities found nearby on the High Street.

Walthamstow Central Station is located circa 0.5 miles (approximately 10 min walk) from the site offering Overground services to London Liverpool Street in 18 minutes.

Planning & Development Potential

Planning permission was approved in September 2020 (under reference: 191031) for the demolition of the existing building and erection of a 4-storey building to provide a 1,751 sq.ft. commercial unit at ground floor level and 9 residential apartments (3 x 1 bed, 4 x 2 bed and 2 x 3 bed units) extending to 6,070 sq.ft. NSA, all for private sale.

We understand there is a CIL payment of approximately £50,000.

Tenure

The property will be sold with the existing tenants remaining in-situ.

VAT

The property is not elected for VAT.

Terms

Offers are invited in the region of £2,000,000 for the freehold interest.

Additional Information

Further information including planning documents are available within our dataroom using the access code ‘Walthamstow’.


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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  • 2-storey mixed-use building comprising of 2 x commercial units and 2 x apartments
  • Planning permission for 1,751 sq.ft. of commercial space and 9 residential apartments (3 x 1 bedroom, 4 x 2 bedroom & 2 x 3 bedroom units) extending to circa 6,070 sq.ft. NSA
  • Popular residential location within a short walking distance from Walthamstow Central Station
  • Offers invited in the region of £2,000,000 for the freehold interest

To discuss this opportunity further, please contact Paul Heale or Chris Incledon on 020 7183 2529

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