SoldVacant Freehold Shop and Upper Parts with Significant Development Potential - Hackney, London E8

127 Richmond Road,  Hackney, LONDON E8 3NJ

Features

  • Potential to add value through developing a third floor and extending to the rear (similar to neighbouring buildings)
  • Vacant possession
  • 80m to London Fields which comprises over 30 acres of parkland
  • Excellent transport communications
  • 250m to London Fields Station (9 minutes travel time to Liverpool Street Station)
  • 400m to Hackney Central (6 minutes travel time to Highbury & Islington and 10 minutes travel time to Stratford Stations)

Location

The property is located on the north side of Richmond Road, just east of its intersection with Greenwood Road and directly opposite the Duke of Marlborough Public House and London Fields.

The location has superb travel and communication links:

- London Fields Railway Station is 250 metres to the south east providing frequent direct services to Liverpool Street Station (travel time of 9 minutes); and

- Hackney Central Station - London Overground Line provides frequent direct services to Highbury & Islington (travel time of 6 minutes) and Stratford (travel time of 10 minutes) is 400 metres to the north east.

There are numerous bus routes which run along Richmond Road & Greenwood Road and in proximity to the subject property.

 

Gross internal area 148.97 sq.m. /1603 sq.ft. 

Basement43.23 sq.m. / 465 sq.ft.
Front area - storage area, Rear section - bathroom
Ground41.34 sq.m. / 444 sq.ft.
Retail shop and WC
First Floor32.78 sq.m. / 352 sq.ft.
Reception room incorporating open plan kitchen and shower cubicle
Second Floor32.62 sq.m. / 351 sq.ft.
2 x bedrooms

Description

The property comprises a late Victorian mid-terrace building arranged over basement, ground, first and second floors.

The ground floor and basement is in use as a shop and the upper parts comprise a self-contained maisonette.

There is a yard / garden to the rear.

Given the neighbouring buildings have been extended to create a third floor level and at the rear, there is significant development potential to create three self-contained flats (2 x 1 bedroom flats and 1 x 2 bedroom flat) while retaining a shop or office with ground and basement level accommodation, subject to planning permission.

Terms

Freehold for sale with vacant possession

Service charge: N/A

Local authority: London Borough of Hackney


Property reference: 21238 Updated: 29 Oct 2014