For SaleCommercial Property in Talbot Road, London£1,500,000
Property Type
Commercial Property
Tenure
Freehold
Offers Over
£1,500,000
Key Features
- Suitable for both owner occupiers and developers
- Circa 6,350 square feet over basement, ground and first floors
- Planning consent granted to change the building from light industrial to part office(B1)/part residential and an additional floor containing a live/work unit
- Total proposed GIA equates to 8,930 square feet
- Sold with vacant possession
- Close to transport links and green open spaces
Description
Freehold light industrial building within Forest Gate E7 equating to 6,883 square feet with planning consent.
The building is arranged over basement to first floors and benefits from a front and side yard suitable for storage, loading and/or parking. Historically the premises has been used for storage and part office, but it has been stripped to shell and core and is currently vacant, therefore ready for an immediate fit out.
Planning permission granted in 2020 is for an additional floor for a live/work unit equating to approximately 2,000 square feet. The first floor has permission for a change of use to residential consisting of x3 units, the basement and ground floor will remain commercial but with the benefit for B1 (Office) usage. The planning permission has been implemented.
The immediate area consists of predominantly residential properties despite there being some industrial units to the west of the site the other side of the railway line. Forest Gate (E7) is a vibrant and up-and-coming area with an increasing number of independent cafés, restaurants, and shops popping up along the high street.
It benefits from excellent transport links, with Forest Gate Station offering fast access to central London via the Elizabeth Line (Crossrail), making Liverpool Street reachable in around 15 minutes. This connectivity makes it ideal for both professionals and families.
