Property Information
Address:
244-260 & 278 High Road, Chadwell Heath
, RM6 6AP
Price: Property no longer available.
Size: SOA
Primary Category: Investment
All Categories:
Investment, Land,
Property Ref/Movehut: MH667996
Property Ref/Agent: 8905277
*Please use the agent ref when calling the agent directly.
Property description
The property comprises a series of buildings together with parking and yard space.
The main building comprises retail units at ground floor with 18 flats over (arranged across first and second floors).
To the rear of the main building is a detached warehouse, nine lock-up garages, residents pram/bin stores and car parking with a further workshop to the rear and car display forecourt to the eastern flank of the main building.
PLANNING
Planning consent was granted by the London Borough of Barking and Dagenham under Application Reference 17/01461/FUL for "conversion of existing ground floor car showroom, restaurant and retail unit to residential use comprising 7 two bedroom flats and 2 studio flats including erection of single storey cycle store and provision of associated amenity space".
It is understood that the planning consent has been implemented.
Interested parties should take professional advice and satisfy themselves in respect of planning history, potential and consents granted.
Current rental income £149,720 per annum
Planning granted for 9 additional flats
Scope for immediate and significant rental uplift
Further development potential (subject to planning)
Energy Performance Certificates are available upon request or via the dataroom
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