Freehold development site sold; with planning permission granted for a new build, gated development comprising 37 private apartments
Consent permits the construction of 14 x 1 beds, 8 x 2 beds and 15 x 3 bed apartments
Site ideally located just off the High Street and under 10 minutes’ walk to East Ham underground station (District & Hammersmith & City)
Property located within borough of Newham
Sale was concluded to a private development company off market with exchange and completion taking place simultaneously within 20 days of terms being agreed and contracts sent out
The site was sold for a price of £5,300,000 with the benefit of the existing planning permission and vacant possession
