Property description
The property is located within the heart of Canning Town lying off Beckton Road at its junction and north of Newham Way (A13). Situated north of Docklands and London City Airport, the property is well located for transport links. The A13 provides fast road links whilst public transport links are provided not only by local bus routes but the Docklands Light Railway at Canning Town located to the west and underground services at West Ham to the north. The site provides the opportunity for the developer to acquire a substantial project within this fast developing area which benefits from fast links to the city and also east towards Barking and the M25.
description:
The site, previously utilised for commercial vehicle sales comprises a level parcel of land with access via Beckton Road at its junction with Newham Way.
tenure:
Part of the site is freehold. The remaining part of the site is held on a lease from Newham Council which has just been renewed for a period of 130 years at a peppercorn.
to view:
The current occupier of the site is not the seller. Purchasers wishing to view the site must make a prior arrangement with Madison Brook International.
planning:
The site benefits from two outlined planning permissions which combined would create a development of 16 self contained apartments and 3 commercial/B1 units.
Application 14/01051/OUT granted planning permission for the development of this part of the site to comprise a three storey building arranged as two commercial units and 8 self contained apartments (1x three bed maisonette, 2x three bed flats and 5x one bed flats).
Application 13/01019/OUT for the other part of the site was for the development of three storey building comprising one commercial unit and 8 self contained apartments (6x three bed and 2x two bed apartments).
Property Features :
- Site with Outline Planning
- 16 Residential Units
- 4 Commercial Spaces
- Just Outside Canning Town Regeneration Scheme