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Shell and Core retail unit near Aldgate, with planning for a 3 bedroom Maisonette

For sale: £595,000.00|1270 Sq Ft|Residential, Retail, Flat, Design & Build, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£595,000.00
SIZE1270 Sq Ft
ADDRESS32-34 Settles Street, London, E1 1JP
TYPEResidential, Retail, Flat, Design & Build, Other Property Types & Opportunities
TENUREDevelopment Opportunity, For Sale Leasehold
POSTED ON27th September 2019

DESCRIPTION

LOCATION
The building is located in a City Fringe location a few minutes from Aldgate East, in the corner of Settles Street with Fordham Street, close to Commercial Road. The apartment is within walking distance from the City and Shoreditch, and offers excellent transport links having Aldgate East and Whitechapel underground stations (District and Hammersmith and City Lines) within walking distance

DESCRIPTION
Exciting renovation project offered on the ground and lower ground floors of this converted building which are now offered in shell and core condition with residential planning permission, for the purchaser to create a dramatic 3 bedroom 2 bathroom duplex apartment extending to 1270 sq. ft. plus private patio.
The property will provide a spectacular double height open plan reception and dining room receiving plenty of natural light from the upper windows, underneath a suspended walkway which connects the main ground entrance with the two upper level bedrooms and bathroom. The Master Bedroom is on the lower level, with an en-suite bathroom and windows to the private patio.
This is a unique property that would be ideal for creative professionals who may want to benefit from the direct street entrance, or for those focusing on high value short lets, as well as occupiers that might want to explore a live/work arrangement.
DISCLAIMER: The internal images provided on this document are computer generated and for illustration purposes only.
ACCOMMODATION: 1,270 sq. ft. (118 m2) plus a 129 sq. ft. (12m2) patio
USER: A1 Retail or C3 Residential as per current planning permissions.
LEASE: A new 150 year lease offered on the unit

PRICE: £595,000 Subject to Contract

CONDITION: The space is offered in shell and core condition for the purchaser to undertake the works to convert it into a 3 bedroom apartment.

SERVICE CHARGE: Estimated £2,000 per annum

GROUND RENT: TBA

VAT: The sale is not subject to VAT

LOCATION

Location: 32-34 Settles Street, London, E1 1JP

Whitechapel (0.3 miles)

Aldgate East (0.4 miles)

Shadwell (0.5 miles)

Shadwell Station (0.5 miles)

Bethnal Green (0.5 miles)

Tower Gateway (0.6 miles)

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