Acquired
London E2 – Office with Development Potential
15 Palmers Road, Bethnal Green, London E2 0SFVirtual Freehold Vacant Office with Development Opportunity
Investment Consideration
- 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
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
The property comprises ground office space and provides the following accommodation and dimensions:
Ground Floor:
Open Plan Office, Kitchenette, Storage, Bathroom/WC
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
Ground Floor:
Open Plan Office, Kitchenette, Storage, Bathroom/WC
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
Tenancy Description
Vacant possession
Tenure:
Leasehold. Held on a lease for 999 years from 25th February 2020 at current ground rent of £50 per annum.
Tenure:
Leasehold. Held on a lease for 999 years from 25th February 2020 at current ground rent of £50 per annum.
Location Description
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.
