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Agent's details

28 Groombridge Road

For sale: £650,000.00|752 Sq Ft|Other, Land, Other Property Types & Opportunities, Commercial Land

Property details

FOR SALE£650,000.00
SIZE752 Sq Ft
ADDRESS28 Groombridge Road, London, E9 7DP
TYPEOther, Land, Other Property Types & Opportunities, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON10th January 2024

Description

Key Points

  • Opportunity to acquire surrounding properties
  • Desirable location in close proximity to Well Street Common
  • Strong site accessibility
  • Planning consent granted for residential development
  • Summary

    Fantastic development opportunity for prime east London residential scheme, freehold available with vacant possession.

    Description

    A cleared site and adjoining lock up garage, shown edged green on the plan (plot 1). The site measures approx. 751.85sq.ft / 69.85m2 There may be an opportunity to also purchase the adjoining house, garden and a further site, edged blue on the plan (Plot 2), and development above the terrace of garages edged red on the plan (plot 3).

    Location

    Situated at the junction of Groombridge Road with Edenbridge Road, within 100 metres of the open spaces of Well Street Common. This is one of the premier locations in the area. There are a number of stations nearby, with Homerton being the closest, an approximate 12 minute walk.

    Planning

    Planning consent was granted by London Borough of Hackney in February 2019 on plot 1 for a 3 storey plus basement building on Plot 1 to provide 1 x 2 bed and 1 x 3 bed flat. Planning reference 2018/4356. Plans are available via the data store.

    Tenure

    Freehold with vacant possession.

    Viewings and further information

    All viewings at the property will be solely with a member of staff from Dobbin and Sullivan, full details of plots 2 and 3 available via the data store.

    Legal costs

    Each party to bear their own legal costs in this transaction with the ingoing tenant to provide an undertaking for abortive costs should they withdraw from the transaction.

    Location

    marker
    Location: 28 Groombridge Road, London, E9 7DP

    Bethnal Green (1.1 miles)

    Mile End (1.2 miles)

    Bow Road (1.3 miles)

    Homerton (0.5 miles)

    London Fields (0.6 miles)

    Hackney Central (0.8 miles)

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