155 Chingford Road, Walthamstow, London, E17 4PN

Home , Chingford, Walthamstow, Walthamstow Market, Walthamstow Village

Residential Development Opportunity

Freehold Property with Planning Consent SUMMARY • Located next to Lloyd Park • Vacant office and MOT Garage comprising approximately 167.03 sq m (1,798 sq ft) • Site extends to approximately 0.17 acres (0.07 hectares) • Excellent location within Walthamstow, a short distance from Walthamstow Central and Walthamstow Village • Planning permission for demolition of existing buildings to provide 9 residential units (4 x 1 bed, 4 x 2 bed and 1 x 3 bed units) totalling 6,297sqft NSA • Offers invited on an unconditional basis for the freehold interest Location The property is located within the London Borough of Waltham Forest. on Chingford Road to the North of Walthamstow Town Centre. The immediate location is primarily residential in nature. The site benefits from access to a range of local amenities all within a short walk of the property including Lloyd Park Lloyd Park, Waltham Forest Leisure Centre, Chestnuts Field and the William Morris Gallery.

Walthamstow is one of London’s fastest growing, up-and-coming districts, benefitting from the City’s move eastwards and young Londoners moving away from central London locations. Walthamstow provides an extensive retail offering with a vibrant town centre, a Shopping mall and is home to Walthamstow Market, the longest single street market in Europe. Walthamstow Village, an area of attractive Victorian and Georgian streets and an enclave of artisan and independent shops, bars and restaurants.

Walthamstow Central Underground (Victoria Line and Overground) is less than a mile away (15 min walk) with direct trains to King’s Cross St Pancras (17 mins), London Liverpool Street (18 mins) and London Victoria (25 mins). The location also benefits from an abundance of green open space with Walthamstow Wetlands Nature Reserve, Lea Valley Playing Fields and The Paddock Community Nature park all within easy reach of the property. Description The site is largely rectangular in shape, extending to approximately 0.17 acres (0.07 hectares). The site currently comprises a single storey office building and a corrugated iron garage located in the narrow section to the rea, the remainder of the site comprises a cleared flat area used for parking with an advertising hoarding. The entire site is covered by concrete hardstanding and was previously used as a motor repair and MOT garage.

Planning Local Planning Authority: London Borough of Waltham Forest www.walthamforest.gov.uk

The site is not listed, nor is it situated in a Conservation Area.

A resolution to grant was obtained at planning committee on 7th January 2020 (Ref: 190737) for the demolition of the existing structures and the construction of one to four- storeys high building including a basement, to provide nine flats (4 x 1 bedroom, 4 x 2 bedroom and 1 x 3 bedroom units) extending to approximately 6,297 sqft NSA split over basement, ground and two upper floors.

The development will be subject to both Mayoral Community Infrastructure Levy (CIL) and London Borough of Waltham Forest CIL Zone 2 at rates of £60 and £70 per square meter respectively. Proposed Accommodation Schedule 155 Chingford Road NO. SIZE SIZE Walthamstow, London UNIT BEDS (SQM) (SQFT) E17 4PN 1 2 80 861 2 1 61 657 3 1 61 657 4 2 70 753 Contacts 5 1 58 624 6 3 83 893 For further information, please contact: 7 2 61 657

8 2 61 657 Anthony Dixon 9 1 50 538 +44 (0)7867 398390 585 6297 [email protected]

Richard How Tenure +44(0)7587 550091 The property will be sold freehold with vacant [email protected] possession upon completion. Victoria Barron +44(0)7391 407618 Further Information [email protected]

Further information can be downloaded from the dataroom

Proposal Offers are invited in the region of £1,500,000 for the Freehold interest.

VAT VAT is not chargeable in addition to the purchase price.

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective allsop.co.u purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of k Allsop LLP.