MapGuide price
£3,000,000End of terrace house for sale
Commercial Road, London, E1
Chain-free
End of terrace house
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- Tenure: Freehold
- Unconditional offers invited for £3,000,000 the freehold site with vacant possession
- Approx 4914sqft internally (current)
- Planning granted to provide 7 resiential dwellings
- Chain free
- Site can be sold with VP
Freehold property measuring approx 4914sqft over 3 floors with planning for 7 residential apartments and potential to enhance via further planning.
The property comprises of a large basement (1509 sqft), ground floor (1722 sqft) and first floor (1683) retail unit and has been used by the same owner-occupier for over 40 years.
Planning permission PA/19/02300/A1: For the construction of a second, third and fourth floor extension and change of use of first floor to C3 (Residential use) to accommodate seven flats. Alterations to the ground and first floor facades. Permission granted April 2020.
Situated on a prominent corner site on the junction between Commercial Road and Tudor Street. The development benefits from the proximity of Aldgate (0.7 miles) and Aldgate East (0.5 miles) underground stations and Whitechapel station (0.4 miles).
Whitechapel has become one the most sought after locations for developers in recent years, it's resurgence is part of a broader trend that has seen renewed investment and interest in East London, spurred on by the widescale redevelopment of Stratford and surrounding areas for London 2012 and the introduction of the Elizabeth Line.
Whitechapel, is currently in the middle of a 15-year regeneration effort as set out by the £300m Whitechapel Vision. Projects include a new Town Hall, an extension to the Queen Mary University, seven new public spaces and more.
E1 has an abundance of vibrant independent restaurants offering a wide range of global cuisines while Brick Lane's famous mile-long stretch of curry houses and bakeries are only a 10 minute walk away. There is also a wide selection of characterful East London pubs to chose from.
Terms: Unconditional offers invited for £3,000,000 the freehold site with vacant possession.
The property comprises of a large basement (1509 sqft), ground floor (1722 sqft) and first floor (1683) retail unit and has been used by the same owner-occupier for over 40 years.
Planning permission PA/19/02300/A1: For the construction of a second, third and fourth floor extension and change of use of first floor to C3 (Residential use) to accommodate seven flats. Alterations to the ground and first floor facades. Permission granted April 2020.
Situated on a prominent corner site on the junction between Commercial Road and Tudor Street. The development benefits from the proximity of Aldgate (0.7 miles) and Aldgate East (0.5 miles) underground stations and Whitechapel station (0.4 miles).
Whitechapel has become one the most sought after locations for developers in recent years, it's resurgence is part of a broader trend that has seen renewed investment and interest in East London, spurred on by the widescale redevelopment of Stratford and surrounding areas for London 2012 and the introduction of the Elizabeth Line.
Whitechapel, is currently in the middle of a 15-year regeneration effort as set out by the £300m Whitechapel Vision. Projects include a new Town Hall, an extension to the Queen Mary University, seven new public spaces and more.
E1 has an abundance of vibrant independent restaurants offering a wide range of global cuisines while Brick Lane's famous mile-long stretch of curry houses and bakeries are only a 10 minute walk away. There is also a wide selection of characterful East London pubs to chose from.
Terms: Unconditional offers invited for £3,000,000 the freehold site with vacant possession.
About this agent
The Hallmark of Quality and Experience Our story began in 1873 and since then, our estate agency has stood the test of time through every high and low of the property market. We are proud of our heritage, and the experience it means we are able to provide all our clients. We understand selling or letting your property can be significant, leading to challenging decisions, and that it can be often be difficult finding the right person to help you with the process. At Stirling Ackroyd you will always be dealing with real people with the knowledge and experience to successfully guide you through your sale or let. But what stands us apart from other agents? In addition to our committed branch staff, at Stirling Ackroyd we also have experienced central teams to assist with your property transaction; including a dedicated call centre, administration, move in, renewals, and property management teams, as well as a dedicated sales progression function. All have been created to ensure every client receives the dedicated assistance they need to achieve a seamless sales or lettings experience.