Auction

Sold

53 Oakdale Road, Leytonstone, London E11 4DJ

Offers in excess of £300,000

Freehold Development Opportunity STPP

Freehold

Existing office and rear workshop of approximately 2,240sq.ft

Potential to convert and develop STPP

Offers in excess of £300,000

Description

The site currently comprises a freehold two storey, end of terrace building arranged as a B1 office of approximately 491sq.ft on the ground floor, a 2 bedroom flat on the first floor and rear workshop of approximately 1,749sq.ft. The first floor flat is sold off on a 99 year lease from 24th June 2000. The office and rear workshop offer great potential to convert and develop into residential subject to gaining the necessary consents.

Location

Oakdale Road is located in the ever-popular London Borough of Waltham Forest. The property is in close proximity to Westfield Shopping Centre in Stratford offering an abundance of facilities from your popular high street retailers to an amazing choice of restaurants and a cinema.

Transport

Oakdale Road benefits from being within walking distance of Leyton Underground Station (Central Line) and Leytonstone High Road Overground Station, both of which provide access into Central London within 20 minutes. By car, the A12 is only a short drive from the property providing access to the A406, M11 and M25 all of which offer a number of different travelling options in and out of London.

Planning Permission

In our opinion the existing property offers an array of development opportunities subject to gaining the necessary consents.

For further information please contact Waltham Forest Council Planning Department on 020 8496 3000.

VAT

We understand that VAT is not applicable.

Viewing

Strictly by appointment only, to be arranged by Highfield Investments.

Terms

Offers in excess £300,000 for the vacant freehold interest.

Buyers note: The property will be placed in the forthcoming Strettons Auction on the 30th March 2015 if not sold prior.

Additional Information

Copies of the title plan, existing floor plan and location plan are available upon request.

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.