Retail property (high street) for sale

6-9, Rosina Street, Homerton, E9 6JH

020 3551 4556

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Retail property (high street)

0 bed

0 bath

11,986 sq ft / 1,114 sq m

Property description & features

Tenure: Freehold
Planning Consented
Oieo £2,250.000
Freehold For Sale
Development Opportunity
9 Residential Units
4 Commercial Units

A freehold site with planning permission to demolish an existing two-storey warehouse measuring approx. 5,200 sq. ft., and erect a new building over 6 storeys, comprising 9 residential apartments totalling 8,500 sq. ft. (790 sq. ms) and 4 commercial spaces totalling 3,486 sq. ft. (324 sq. ms).

When development commences, the purchaser will be expected to pay approx. £114,000 in Section 106 and affordable housing costs and approx. £104,000 in CIL.

The site is located in the increasingly popular East London neighbourhood of Homerton, 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. Historically, the immediately surrounding area was fairly industrial, but in recent years a number of commercial buildings and vacant sites have been redeveloped into mixed use schemes comprising commercial space at ground level and flats above.

The freehold is available subject to a guide price of £2,250,000 (VAT not applicable). All other terms and conditions by negotiation.

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Fyfe Mcdade - Commercial

1 Charlotte Road London EC2A 3DH

020 3551 4556

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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.

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Broadband availability and predicted speed: obtained from Ofcom on February 23, 2022

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