Land for sale in Cumberland Road, Plaistow London, Plaistow, London, 8Lh E13

Guide price £920,000 (£321/sq. ft)
2,866 sq. ft*
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Property description

Charlestate International are pleased to present this well located freehold Land with planning consent details outlined below.
The property currently comprises a motor vehicle workshop of approximately 266 m / 2,866 sq ft occupied by way of a licence producing £1,750 per calendar month (£21,000 pax).


Planning consent was granted under application reference 16/00900/ful for demolition of the existing vehicle repair workshop and redevelopment of the site to create 3 No terraced houses. The proposed scheme is as follows:
House A 1,243 sq ft (3 bedroom 3 bathroom arranged over basement, ground, first and second floors)
House B 1,206 sq ft (3 bedroom 3 bathroom arranged over basement, ground, first and second floors)
House C 1,206 sq ft *3 bedroom 3 bathroom arranged over basement, ground, first and second floors)
A revised scheme has also been discussed with the Local Planning Authority for enhanced development on site whereby the site is developed into 3 no. Basement/lower ground floor, self-contained 1 bedroom flats with 3 no. 3 bed houses over. No application has yet been submitted for this enhanced scheme although the price sought reflects the planning potential of the site.
Site Area
Measured by digital mapping and extends to an area of approximately 410 m / 0.1 acres.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Charlestate, KT1 on * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Charlestate, and do not constitute property particulars. Please contact Charlestate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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