Home Description Planning Location Terms

• Prominent development opportunity • Consent for two residential units (1 x 2 bed and 1 x 3 bed) with commercial at ground and lower ground floors • Under 1/2 mile from Shoreditch and Bethnal Green Stations • Offers in excess of £850,000

DESCRIPTION A freehold mixed-use property positioned between Bethnal Green and Shoreditch. The area has seen a significant growth in property prices and major regeneration in recent years, with a number of notable developments currently under construction. The site, occupied by a two storey property, benefits from planning permission for the demolition of the existing building and construction of a part two, part four storey mixed-use property. The site will be sold with full vacant possession.

PLANNING Consent was granted on 24th April 2017 by Tower Hamlets Council under ref: PA/17/00416/A1 for the ‘Demolition of the existing 2 storey building, replacement with new 4 storey building with attic level fronting Bethnal Green Road stepping down to a 2 storey building at the rear of the site. Change of use from retail to mixed- use retail and residential replacement’.

PLANNING OBLIGATION Whilst the existing consent doesn’t require the provision of any affordable housing or S106 payment, we understand that a CIL payment of £14,750 will be payable by the developer.

323 Bethnal Green Road, Bethnal Green, London E2 6AH Freehold consented development site for sale View more information... 323 Bethnal Green Road, Bethnal Green, London E2 6AH Home Description Planning Location Terms View all of our instructions here...

LOCATION The subject site is prominently positioned on the northern side of Bethnal Green Road (A1209) close to the junction with Vallance Road and Squiries Street (B108). The property is located within Zone 2, with Bethnal Green Underground Station and Shoreditch Train Station each under half a mile away. Bethnal Green Overground Station also provides alternative services into Liverpool Street in c. 15 minutes and regular bus services pass the property. The site is in close proximity to a number of popular cultural hubs including Box Park, Columbia Road, Shoreditch High Street and Victoria & Albert Museum.

FURTHER INFORMATION The following are available on request:

- Copies of the consented plans - Decision Notice - Land Registry Title and Title Plan - Ordinance Survey extract - Schedule of anticipated sales values

SERVICES We understand the property is connected to all mains services, however, interested parties are advised to make their own enquires in this regard.

E: [email protected] W: acorncommercial.co.uk

120 Bermondsey Street, 1 Sherman Road, London SE1 3TX Bromley, Kent BR1 3JH T: 020 7089 6555 T: 020 8315 5454 323 Bethnal Green Road, Bethnal Green, London E2 6AH Home Description Planning Location Terms View all of our instructions here...

CGI of proposed works Existing building TERMS Unconditional offers in excess of £850,000 are invited for the vacant freehold interest. A deadline for offers may be set, and therefore interested parties are advised to contact our offices for further information.

VAT We understand that VAT is not applicable in this transaction.

VIEWINGS The site can be viewed from the roadside, however, any internal viewings are strictly by prior appointment only via our London Bridge office on 020 7089 6555.

For more This [brochure and its content] is copyright of Acorn Limited © 2016. All rights reserved. Any redistribution or reproduction E: [email protected] information of part or all of the contents in any form is prohibited. You may not, except with our express written permission, distribute or contact: commercially exploit the content, nor may you transmit it or store it in any form. W: acorncommercial.co.uk Henry Hammond Acorn as our vendor’s agents have endeavoured to check the accuracy of these sales particulars, but however can offer no 020 7089 6555 120 Bermondsey Street, 1 Sherman Road, guarantee, we therefore must advise that any prospective purchaser employ their own experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been London SE1 3TX Bromley, Kent BR1 3JH tested. T: 020 7089 6555 Meet the rest of the team... T: 020 8315 5454