Land for sale

Stoke Newington Church Street, London N16

Fronting Stroke Newington Church Street with a warehouse to the rear.

Part Cleared site with a warehouse to the rear of the site. The front part is cleared for redevelopment fronting onto the exceptional desirable street thoroughfare. We consider the site suitable for mixed use Re-development, potentially comprising of:
• A single commercial unit (single fronted) across the ground floor. This will have a wide pedestrian access to the rear of the site giving access to the residential block planned for the rear building and access into the common parts for the uppers on the road facing building.
• 1 x single private mews house to the rear size around 2,000 sq ft
• 6 x private residential dwellings to the upper floors arrange as 1st, 2nd, 3rd with 2 x 1 bedroom self-contained apartments per floor.

This will generate a commercial unit of c, 700 sq.ft which can be leased for around £25,000 per annum, the mews house at the rear would achieve in excess of £1.300,000 and the 6 apartments should sell for around £2.5m in total.

Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.

We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers. Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: The Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).