MapResidential development
Residential development
5,163 sq ft / 480 sq m
Features and description
- Tenure: Freehold
- Freehold garden centre/salvage yard
- Totalling approx 5,163 sq ft
- Potential for alternative uses (STPP)
- Of interest to investors, developers or owner-occupiers
- Development potential (STPP)
* FREEHOLD SITE FOR SALE * - Situated off Ruby Road, which is a residential street that leads into Hoe Street, one of the main shopping areas in Walthamstow. The closest train station is Walthamstow Central which is on the Victoria and Overground lines, and the area is served by local buses. Comprising a predominantly open site, totalling approximately 5,163 sq ft (479.6 sq m), which has been used as a garden centre and salvage yard for many years. The property has a storage shed and old horse stables within it, although these are in a dilapidated condition. The premises may be suitable for reconfiguration and/or redevelopment, subject to gaining the necessary consents. For further information, please call CLARKE HILLYER on[use Contact Agent Button].
Location - Situated off Ruby Road, which is a residential street that leads into Hoe Street, one of the main shopping areas in Walthamstow. The closest train station is Walthamstow Central which is on the Victoria and Overground lines, and the area is served by local buses. The A406 (North Circular Road) and M11 are both accessible from the premises.
Description - Comprising a predominantly open site, totalling approximately 5,163 sq ft (479.6 sq m), which has been used as a garden centre and salvage yard for many years. The property has a storage shed and old horse stables within it, although these are in a dilapidated condition. The premises may be suitable for reconfiguration and/or redevelopment, subject to gaining the necessary consents.
Tenancy - The premises are let to a private individual, by way of a full repairing and insuring lease, at a rent of £10,000 per annum. We understand that the tenant is holding over under the terms of the Landlord and Tenant Act 1954.
Terms - The freehold is available, subject to the existing tenancy agreement, for offers in excess of £750,000.
Business Rates - The premises have a Rateable Value of £16,500 under the 2023 Valuation List.
Viewings - Strictly via sole agents, Clarke Hillyer, tel[use Contact Agent Button].
Epc - An Energy Performance Certificate has been ordered and will be available in due course.
Location - Situated off Ruby Road, which is a residential street that leads into Hoe Street, one of the main shopping areas in Walthamstow. The closest train station is Walthamstow Central which is on the Victoria and Overground lines, and the area is served by local buses. The A406 (North Circular Road) and M11 are both accessible from the premises.
Description - Comprising a predominantly open site, totalling approximately 5,163 sq ft (479.6 sq m), which has been used as a garden centre and salvage yard for many years. The property has a storage shed and old horse stables within it, although these are in a dilapidated condition. The premises may be suitable for reconfiguration and/or redevelopment, subject to gaining the necessary consents.
Tenancy - The premises are let to a private individual, by way of a full repairing and insuring lease, at a rent of £10,000 per annum. We understand that the tenant is holding over under the terms of the Landlord and Tenant Act 1954.
Terms - The freehold is available, subject to the existing tenancy agreement, for offers in excess of £750,000.
Business Rates - The premises have a Rateable Value of £16,500 under the 2023 Valuation List.
Viewings - Strictly via sole agents, Clarke Hillyer, tel[use Contact Agent Button].
Epc - An Energy Performance Certificate has been ordered and will be available in due course.
Property information from this agent
About this agent
Clarke Hillyer is proud of its heritage. Established in 1885, Clarke Hillyer grew to be one of East London and West Essex foremost property companies. Core values of professionalism, customer service and integrity have enabled us to retain some of our clients through the generations for over 100 years.