Offers in region of
£2,100,000
(£409.68/sq. ft)
Land for saleCommercial Road, London E1
5,126 sq. ft
Freehold
About this property
Walking Distance to Whitechapel & Shadwell Transport Links
Potential for Residential Conversion / Redevelopment – Subject to Planning
Two Separate Entrances – Commercial Road & 7 Turner Street
Vacant Possession
Excellent Ceiling Height
Estimated Rates Payable: £18240.5
Description
The available accommodation comprises a four-storey freehold commercial building extending from basement level through to the second floor, prominently positioned on Commercial Road, Whitechapel, with access from both Commercial Road and 7 Turner Street. The property is offered with vacant possession and presents an excellent opportunity for investors, developers and owner-occupiers, with potential for conversion to residential use or redevelopment, subject to obtaining the necessary planning permission and consents. The building benefits from excellent ceiling heights, good natural light and dual frontage/access, providing flexibility for a range of future configurations. The basement level is currently suitable for trading, further enhancing the property's existing commercial potential. This represents an attractive freehold value-add and development opportunity in an established Whitechapel location.
Location
Located on Commercial Road in Whitechapel, this property sits at the heart of one of East London's most dynamic and rapidly evolving corridors. Well-connected by road and public transport, with Whitechapel station (Elizabeth, District and Hammersmith & City lines) a short walk away, the location benefits from excellent accessibility across the capital. The surrounding area has seen significant investment and regeneration in recent years, drawing a diverse mix of independent retailers, food & beverage operators, and creative occupiers, while retaining the authentic character that defines this part of E1.
Viewings
Strictly by appointments only
Terms
Freehold
Business Rates
The rates given are a guide and interested parties should make their own enquiries with the local authority.
Planning
A previous planning application was submitted in relation to the property.
Interested parties are advised to make their own enquiries with the London Borough of Tower Hamlets regarding the planning history and any future development proposals.
Planning reference: Pa/21/01159/R
The available accommodation comprises a four-storey freehold commercial building extending from basement level through to the second floor, prominently positioned on Commercial Road, Whitechapel, with access from both Commercial Road and 7 Turner Street. The property is offered with vacant possession and presents an excellent opportunity for investors, developers and owner-occupiers, with potential for conversion to residential use or redevelopment, subject to obtaining the necessary planning permission and consents. The building benefits from excellent ceiling heights, good natural light and dual frontage/access, providing flexibility for a range of future configurations. The basement level is currently suitable for trading, further enhancing the property's existing commercial potential. This represents an attractive freehold value-add and development opportunity in an established Whitechapel location.
Location
Located on Commercial Road in Whitechapel, this property sits at the heart of one of East London's most dynamic and rapidly evolving corridors. Well-connected by road and public transport, with Whitechapel station (Elizabeth, District and Hammersmith & City lines) a short walk away, the location benefits from excellent accessibility across the capital. The surrounding area has seen significant investment and regeneration in recent years, drawing a diverse mix of independent retailers, food & beverage operators, and creative occupiers, while retaining the authentic character that defines this part of E1.
Viewings
Strictly by appointments only
Terms
Freehold
Business Rates
The rates given are a guide and interested parties should make their own enquiries with the local authority.
Planning
A previous planning application was submitted in relation to the property.
Interested parties are advised to make their own enquiries with the London Borough of Tower Hamlets regarding the planning history and any future development proposals.
Planning reference: Pa/21/01159/R
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Monthly repayment
£10,505 per month
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