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236-240 Billet Rd 3,681 SF Retail Building London E17 5DY $4,614,459 CAD ($1,253.59 CAD/SF)
Investment Highlights
- 0.33-acre site with existing MOT garage, workshops and five maisonettes.
- Predominantly residential Walthamstow location with strong local amenities and transport.
- Consented redevelopment into 24 private residential apartments.
Executive Summary
A prime consented development opportunity in Walthamstow comprising a 0.33-acre (0.134 ha) site currently arranged as an MOT garage, repair workshop, car wash and five maisonette apartments. Full planning permission has been granted for the creation of 24 private apartments, delivered as a mix of 1, 2 and 3 bedroom units. The proposed scheme provides a total NIA of approx. 1,681.6 sq m (18,101 sq ft) and GIA of approx. 2,068.3 sq m (22,263 sq ft).
Situated within a predominantly residential area, the site benefits from excellent connectivity, close to local amenities, schools, green spaces and accessible routes into central London. Estimated contributions include CIL of approx. £235,000 and S106 of approx. £156,000.
Situated within a predominantly residential area, the site benefits from excellent connectivity, close to local amenities, schools, green spaces and accessible routes into central London. Estimated contributions include CIL of approx. £235,000 and S106 of approx. £156,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Repair
Building Size
3,681 SF
Building Class
B
Year Built
1960
Price
$4,614,459 CAD
Price Per SF
$1,253.59 CAD
Tenancy
Single
Building Height
1 Story
1 1
Nearby Major Retailers
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236-240 Billet Rd
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