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Residential Development Opportunity - Freehold For Sale - London E6

Prominent Corner Building

236-242 Barking Road,  East Ham, 
LONDON E6 3BB

Under offer

Available to buy freehold

£950,000 subject to contract

Gross internal area: 906.86 sq.m. (9761 sq.ft.)


Gilbox

19649



Ownership: Freehold
Price: £950,000 subject to contract
Location:

The subject property is located on the south side of Barking Road (A124) a busy traffic route on the east corner of Hockley Avenue.

The property is excellently located for communications with main bus routes serving Barking Road and East Ham Underground Station (District line) within short walking distance to the north.

West Ham FC stadium and Gala Bingo hall are closeby.

Description:

A prominent and substantially constructed concrete framed corner building with a 3.50 metre deep brick paviour forecourt, main road frontage of 20 metres and return frontage of 11 metres situated within a densely populated area of East London.

The property benefits from a car park to the rear with six spaces. 

There is a substantial basement with headroom of 2.07 metres (6ft 9inches).

The property lends itself ideally for mansard extension, rear extension and conversion to residential apartments subject to planning consent being obtained.  From initial enquiries made of the local planning authority they have indicated that the development of the property to pure residential use would be looked at favourably. 

We believe that the site would accommodate 12No. Two Bedroom Flats and 4No. One Bedroom Flats or variations thereof.

Accommodation: Gross internal area: 906.86 sq.m. (9761 sq.ft.)  comprising:
Ground Floor317.83 sq.m.
3421 sq.ft.

First Floor464.51 sq.m.
4999 sq.ft.

Basement124.52 sq.m.
1340 sq.ft.


Plus:
  • 6 Car Spaces 
Terms: Freehold for sale with vacant possession
Legal fees: Each party bears own legal fees
Local authority: London Borough of Newham
2010 Rateable Value: £38,750    Estimated Rates Payable: £16,778 per annum
Viewings: By prior appointment with Gilmartin Ley, telephone 020 8882 0111 - Click here for Enquiries
Reference: 19649    Updated: 31 Jan 2012
Download more information:
  • Existing Elevation Plans
  • Existing Floor Plans

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Location