Development
properties

The Peacock Pub 145–147 Aylward Street Tower Hamlets E1 0QW

We are inviting offers in excess of £1,000,000 for the freehold interest

Unconditional Opportunity

Unconditional opportunity within E1

Existing Gross Internal Floor Area 380m2/4,090ft2

A4 Drinking Establishment GIA 265m2/2,852ft2

C3 Residential GIA 115m2/1,237ft2

0.6 miles away from Limehouse DLR Station

Lapsed planning consent from 2008 PA/08/02400

Freehold

Unconditional offers and conditional offers to be considered

Offers in Excess of £1,000,000

Description

The site is located within the London Borough of Tower Hamlets. The property provides a total GIA of 380m2/4,090ft2 The property lies 0.6miles away from Limehouse DLR Station and 0.7miles away from Shadwell DLR and overground station, which both provide direct links into Central London. The property has a lapsed planning consent from 2008 (PA/08/02400) for the refurbishment and extension to the existing public house at the ground floor and the 1 x 3 bedroom unit on the first floor, plus the provision of 3 additional residential units above consisting of 2 x 1 bed and 1 x 2 bedroom flats.

Location

The property is located within the London Borough of Tower Hamlets. Being set within Stepney, only a short walk away takes you to the fantastic local landmarks of Stepney Green Park, Belgrave Open Space and other local amenities such as bars, restaurants, coffee shops and pubs. The local area also offers a great choice of schools including Sir William Burrough Primary School, Marion Richardson School, New City College and Westbourne Academy London. Limehouse is also gifted by the Mile End Park conservation area which sits within the Mile End Park Leisure Centre and Stadium, as well as Mile End Football Stadium, perfect for outdoor sporting activities such as running, football and cycling.

Transport

The site benefits from the Public Transport Accessibility Level (PTAL) 4 (good). Limehouse DLR and mainline railway station is located approximately 0.6 miles away from the site and Shadwell DLR and overground station is approximately 0.7 miles from the site. There are many bus routes along Commercial Road within close proximity to the site. Stepney Green public open space is located to the north of the site.

Access

The site can initially be viewed from the roadside. Furthermore, internal access can also be arranged through a member of the Highfield team.

VAT

We have been advised that VAT is not applicable.

Tenure

Freehold.

Terms

We are inviting unconditional offers and conditional offers in excess of £1,000,000 for the freehold interest.

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.