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London E2 - Virtual Freehold Vacant Office with Development Opportunity

For sale: £360,000.00|754 Sq Ft|Office, Offices

Property details

FOR SALE£360,000.00
SIZE754 Sq Ft
ADDRESS15 Palmers Road, Bethnal Green, London E2 0SF
TYPEOffice, Offices
TENUREDevelopment Opportunity, For Sale Leasehold
POSTED ON10th December 2021

Description

Investment Consideration:
VAT is NOT applicable to this property
Vacant possession
Comprises ground floor office workplace
Total area size of 70 sq m (754 sq ft)
Planning approved for conversion to self-contained studio flat
Located into predominantly residential area, within walking distance to the local shopping parade on Roman Road

Property Description:
The property comprises ground office space and provides the following accommodation and dimensions:
Ground Floor:
Open Plan Office, Kitchenette, Storage, Bathroom/WC

Tenure:
Leasehold. Held on a lease for 999 years from 25th February 2020 at current ground rent of £50 per annum.

Development Opportunity:
Planning approved for conversion to self-contained studio flat, providing the following accommodation and dimensions:
Ground Floor:
Open Plan Kitchen/Living Room, Bedroom, Storage, Bathroom/WC and 2 x Cycle Parking Spaces
For more information please refer to Tower Hamlets Planning Portal:
REF: PA/21/01685/NC

Location:
Bethnal Green is an area in the East End of London 1 mile (1.6 km) northeast of Liverpool Street station. It has two Overground stations (one being named Cambridge Heath) and one Underground station. Bethnal Green is served by London Buses, including route 8, 26, 55, 254 and 388 to Central London, and also routes 309, 388, D3, D6 and night routes N8, N26, N55 and N243. The property is located into predominantly residential area close to the large residential development Suttons Wharf, within walking distance to the local shopping parade on Roman Road.

Location

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Location: 15 Palmers Road, Bethnal Green, London E2 0SF

Mile End (0.5 miles)

Stepney Green (0.6 miles)

Bethnal Green (0.6 miles)

Cambridge Heath (0.7 miles)

Bow Church (0.9 miles)

Bethnal Green (1.0 miles)

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