Development
properties

Glory House, 2 Tabernacle Avenue, London, E13 83G

Freehold Development Opportunity

Planning permission has been granted for the

demolition of existing church buildings and new

build construction of 80 residential units and Class

E commercial space

Proposed GIA- 5,705sqm/61,409sqft

Existing GIA- 3,392sqm/36,521sqft

Amenities close by including Morrisons, Co-op

Food and The Gym

Within close proximity to Plaistow Park and

Hermit Road Recreation Ground

Canning Town Station is a 4-minute drive away

Bulk Sale Turnkey Opportunity

Price on Application

Description

The proposed development site is 0.29 hectares and situated between Tabernacle Avenue, Barking Road and Chargeable Lane, and currently comprises three existing buildings. The buildings are currently used and occupied as church meeting spaces and extend to approximately 36,521sqft.

Location

The existing site sits between Tabernacle Avenue and Chargeable Lane within the London Borough of Newham. The area is characterised by a mixture of residential terraced housing and commercial spaces, being within a short walking distance to nearby amenities on Barking Road. A variety of amenities, including supermarkets, coffee shops and restaurants can be found within walking distance on Barking Road. The area is also very well served in terms of local green spaces, such as Memorial Recreation Ground, situated a 12- minute walk away.

Transport

The site is very well connected through transport links and is rated PTAL 4. Frequent bus services are available along Barking Road whilst the site is also within relatively close proximity to Canning Town Station and West Ham Station.

Planning Permission

Planning Permission- Planning permission had been granted under reference: 21/00830/FUL by the London Borough of Newham for the demolition of existing buildings and the erection of a new mixed use development comprising 80 residential units and a commercial unit.

Financial Contributions

We have been advised that the following financial contributions of £371,203 (S106) and £447,721 (CIL) will need to be paid by the purchaser.

Further Information

Please contact a member of the team at Highfield Investments for the further information pack.

Access

Available upon request.

VAT

We have been advised that VAT is not applicable.

Tenure

Freehold.

Terms

Price on Application.

The vendor will also consider proposals regarding a bulk sale where they will deliver a scheme to turnkey finish.

 

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.