2 High Road, Chadwell Heath, Essex RM6 6PR Commercial Premises with Development Potential For Sale 2 High Road, Chadwell Heath, Essex RM6 6PR Commercial Premises with Development Potential For Sale
SUMMARY • Former Public House and car park occupying a site of 0.3 acres, currently operated as a clothes store (A1 Use Class) at ground floor
• Potential for comprehensive residential or mixed-use redevelopment, subject to planning permission • Located in the town centre in close proximity to Chadwell Heath station, which will be a Crossrail hub from 2017 • Offers invited in excess of £1,350,000 for the vacant freehold interest
LOCATION
The property occupies a prominent position on the corner of the High Road and Station Road in Chadwell Heath, within the London Borough of Barking and Dagenham.
The property is situated amongst the shops and amenities of the town centre.
Chadwell Heath station is located approximately 300m from the site offering links to Liverpool Street in circa 25 minutes. A Crossrail (Elizabeth Line) hub at Chadwell Heath will open in 2017, which is due to bring significant growth to the area. 2 High Road, Chadwell Heath, Essex RM6 6PR Commercial Premises with Development Potential For Sale
DESCRIPTION
The property comprises a former Public House of circa 4,144ft2 arranged over basement, ground and first floor.
The property sits on a site of approximately 0.3 acres (12,562ft2) with a car park accommodating circa 12 vehicles and beer garden to the rear.
The ground floor is let on a short term lease and operated as a clothes store, with the upper parts being vacant ancillary storage and residential space
PLANNING
We understand that the property benefits from A1 (Retail) Use Class at ground floor. The first floor comprises ancillary residential space (C3 Use Class).
The property is Locally Listed. It is not located within a Conservation Area, nor does it have any specific designation within the Local Plan.
The property offers potential for comprehensive redevelopment by way of either a fully residential or mixed-use scheme, subject to obtaining the necessary consents.
All planning enquiries should be directed to the London Borough of Barking and Dagenham on 020 8215 3000. 2 High Road, Chadwell Heath, Essex RM6 6PR Commercial Premises with Development Potential For Sale
TENURE The property is available freehold with vacant possession on completion.
VAT We understand that the property is elected for VAT.
TERMS Offers are invited in excess of £1,350,000 for the freehold interest.
ADDITIONAL INFORMATION Further information such as tile documents can be found in our dataroom using the password ‘Chadwell’.
CONTACT To discuss this opportunity further, please contact the sole selling agents:
Paul Heale 020 7183 2529 [email protected] Keir Goldstein 020 7183 2529 [email protected]
Kingsbury 1st Floor, 81 Alie Street, London E1 8NH
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.