480-500 Larkshall Rd 19,785 SF 98% Leased Office Building London E4 9HH For Sale

480-506 Larkshall Road, London E4 9HH presents an opportunity to acquire a freehold mixed-use asset with existing income and significant redevelopment potential adjacent to Highams Park Station. The property comprises four self-contained office buildings totaling 19,967 sq ft GIA together with a substantial rear car park providing approximately 43 spaces on a 0.68-acre site.
The asset is currently multi-let and generates approximately £372,257 per annum, equating to £18.64 per sq ft. Planning permission has been secured following appeal for the demolition of the existing buildings and the development of a residential-led mixed-use scheme comprising 68 private residential dwellings, commercial space, community facilities, and a new public station entrance. The approved scheme provides approximately 47,526 sq ft NSA of residential accommodation together with 5,231 sq ft GIA of commercial space.
Additional value-add opportunities exist through alternative development strategies. Previous permitted development approval was granted for residential conversion, and a co-living feasibility study indicates potential for 173 studio units, with scope for further expansion subject to the necessary consents. The property's location immediately adjacent to Highams Park Overground Station provides direct access to London Liverpool Street in approximately 21 minutes, supporting both residential and commercial demand.