No longer on the market
This property is no longer on the market
MapProperty
Property
4217
Features and description
Freehold investment opportunity with tenants in situ in the heart of Chadwell heath.
The site comprises a two storey commercial building and a yard. The commercial unit includes two separate halls, two kitchens, toilets, multiple offices and storage rooms split over the two floors. The building measures 4,237 sqft with a use class F.1. The entire site is currently rented to a church who are paying £66,000 per annum and have break clause in 2024, but have 6 years remaining on their lease.
The site has significant development potential, but we encourage parties to conduct their own due diligence on the feasibility of the site. Planning permission was granted in 2012 to convert the first floor into a three x 1 bedroom flats and retain the ground floor commercial.
The vendors are seeking unconditional offers for the freehold site.
The site comprises a two storey commercial building and a yard. The commercial unit includes two separate halls, two kitchens, toilets, multiple offices and storage rooms split over the two floors. The building measures 4,237 sqft with a use class F.1. The entire site is currently rented to a church who are paying £66,000 per annum and have break clause in 2024, but have 6 years remaining on their lease.
The site has significant development potential, but we encourage parties to conduct their own due diligence on the feasibility of the site. Planning permission was granted in 2012 to convert the first floor into a three x 1 bedroom flats and retain the ground floor commercial.
The vendors are seeking unconditional offers for the freehold site.
Property information from this agent
About this agent
Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential. At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry. Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.