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This property is no longer on the market
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MapOffice
Office
806 sq ft / 75 sq m
Features and description
- Tenure: Freehold
- Freehold site comprising an extended former Mill
- Permitted development rights for 2 unique residential units comprising 1,754 Sq. Ft.
- Significant further development potential to improve the PD scheme or to extend significantly (stp)
A unique and architecturally interesting site comprising a “deco-style” double height Warehouse and an extended former Mill sharing a large courtyard which provides vehicular and pedestrian access from Furrow Lane and secluded private amenity space. Capable of separation or combination. Both properties were formally in Class E (B1(c) use and permitted development is being obtained to enable conversion of the existing buildings to 3 large residential units, as follows:
*The Warehouse unit provides double height space with a huge sliding concertina front door with deco style glass lights above and two large crittall windows to the side elevation. The property can be converted to a unique double height unit with a mezzanine level providing up to 1,000 Sq ft of accommodation and further minor planning consents with roof alterations could yield an additional bedroom level and large roof terrace. A fresh approach to planning could include at least 2 further levels (stp).
*The former Mill building comprises ground and first floor accommodation and can be converted into a unique 2 level Townhouse with private amenity. Further minor planning consents could yield additional ground floor space and minor roof alterations would provide FF layout flexibility and an additional bedroom. A fresh approach to planning could yield at least one further level (stp).
*The more modern ground floor extension to the former Mill can be converted to a large 2 bed studio unit with private amenity space. A fresh approach to planning could provide an additional level on part (stp).
Homerton is an increasingly popular East London neighbourhood, just a short walk from Homerton Station and the fashionable Chatsworth Road which has a mix of cafes, bars and boutiques and a popular Sunday market. Victoria Park and the Hackney Marshes are both within a 10 minute walk and an increasing number of gastropubs and upmarket chains have seen the area attract a young and affluent demographic of residential buyers.
By prior appointment with the sole agents, Fyfe Mcdade.
Unconditional offers are being sought for the freehold interest at an asking price of £700,000. Full vacant possession will be available upon completion.
The site has a permitted development application submitted for each existing unit. One of the applications is approved, subject to the signing of the S106 agreement. The other application has been validated by Hackney Council with a decision is expected soon. Full details can be found via Hackney Council planning portal under references 2023/1497 & 2023/0768. In addition, our clients have received a positive pre-app response supporting the redevelopment of the warehouse unit on at least 3 floors reflecting the height and scale of the adjacent Alvares House development. We are of the opinion that the site would support further development for multiple residential units subject to additional planning permission.
*The Warehouse unit provides double height space with a huge sliding concertina front door with deco style glass lights above and two large crittall windows to the side elevation. The property can be converted to a unique double height unit with a mezzanine level providing up to 1,000 Sq ft of accommodation and further minor planning consents with roof alterations could yield an additional bedroom level and large roof terrace. A fresh approach to planning could include at least 2 further levels (stp).
*The former Mill building comprises ground and first floor accommodation and can be converted into a unique 2 level Townhouse with private amenity. Further minor planning consents could yield additional ground floor space and minor roof alterations would provide FF layout flexibility and an additional bedroom. A fresh approach to planning could yield at least one further level (stp).
*The more modern ground floor extension to the former Mill can be converted to a large 2 bed studio unit with private amenity space. A fresh approach to planning could provide an additional level on part (stp).
Homerton is an increasingly popular East London neighbourhood, just a short walk from Homerton Station and the fashionable Chatsworth Road which has a mix of cafes, bars and boutiques and a popular Sunday market. Victoria Park and the Hackney Marshes are both within a 10 minute walk and an increasing number of gastropubs and upmarket chains have seen the area attract a young and affluent demographic of residential buyers.
By prior appointment with the sole agents, Fyfe Mcdade.
Unconditional offers are being sought for the freehold interest at an asking price of £700,000. Full vacant possession will be available upon completion.
The site has a permitted development application submitted for each existing unit. One of the applications is approved, subject to the signing of the S106 agreement. The other application has been validated by Hackney Council with a decision is expected soon. Full details can be found via Hackney Council planning portal under references 2023/1497 & 2023/0768. In addition, our clients have received a positive pre-app response supporting the redevelopment of the warehouse unit on at least 3 floors reflecting the height and scale of the adjacent Alvares House development. We are of the opinion that the site would support further development for multiple residential units subject to additional planning permission.
Property information from this agent
About this agent
Fyfe Mcdade was established in 2007 by Carl Schmid and Ray Smith who, after several years of working in various sectors of the property industry, decided to create an estate agency with a difference. The company name is derived from their mother’s maiden names, Fyfe & Mcdade. They had a vision of a professional estate agency, but one staffed by down to earth, friendly, like-minded people who would dispel the stereotype of the shiny suited, clipboard carrying, aggressive sales people that many people expect to encounter. Staff were instructed to always act in the best interests of their clients, but also to focus on customer service and try to develop long lasting relationships with everyone they were dealing with, be they landlord, vendor, tenant, purchaser, developer, solicitor, lender or surveyor.