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For Sale£20,000,000.00

120 Vallance Road

Land, Mixed Use, Residential, Commercial Land, Other Property Types & Opportunities , 0.96 Acre
Property type: Land, Mixed Use, Residential, Commercial Land, Other Property Types & Opportunities
Tenure: Development Opportunity, For Sale Freehold
Size: 0.96 Acre
Price: £20,000,000.00
Location: SOLD 120 Vallance Road, London, E1 5BW
The property comprises two broadly rectangular plots split by Hemming Street, known as 120 Vallance Road and 2-4 Hemming Street. Together they extend to approximately 0.39 hectares (0.96 acres). The existing 120 Vallance Road site is occupied by a part single and part two-storey industrial / commercial building which has been vacant since September 2014 (Class B1b and B1c).

The 2-4 Hemming Street site is occupied by a two storey building which is used as a workshop with ancillary offices (Class B1b and B1c). The area immediately surrounding the site is predominantly residential, with houses bordering the property to the west and east. To the south there are further light industrial buildings which have been approved for residential redevelopment. To the north of the western Vallance Road plot there is an open yard used to store cars, with a London Overground railway viaduct and Weavers Fields public park beyond.
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