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UNDER OFFER

Stafford Cripps House, Globe Road, London, E2 0LN

Guide Price
£950,000

Business rates & charges may apply

GLPG, Marylebone
SIZE

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SECTOR

Residential development for sale

Key features

  • The site comprises a three-storey apartment block
  • A planning application has been granted for a  two-storey rooftop extension to provide 7 apartments together with a roof garden
  • The total proposed NIA is approx. 429 sqm (4,618 sqft)
  • The total proposed GIA is approx. 489 sqm (5,264 sqft)
  • The estimated CIL liability is approx. £117,713 and Section 106 Contributions are approx. £56,473
  • The airspace development rights are offered for sale on a long leasehold basis (999 years) and licenses will be provided to the incoming purchaser to enable the construction of the proposed scheme
  • Please note, the seller has obtained a structural feasibility report and a planning fire safety strategy which can be found within the data room
  • The property is located just 0.2 miles from Bethnal Green Underground Station

Description

The site is located on the western side of Globe Road and comprises a three-storey residential building.

A planning application has been granted for a two-storey rooftop extension to provide seven apartments (3 x 1-bed, 3 x 2-bed and 1 x 3-bed) and a 1,371 sqft communal roof terrace above.

The total proposed NIA is approximately 429 sqm (4,618 sqft), and GIA is approximately 489 sqm (5,264 sqft).

The proposed development would benefit from a new lift servicing all floors, and the existing stairwell would be extended to provide access to the third and fourth floors.

24 secured cycle spaces (12 x Sheffield stands) would be provided on the ground-floor.

The property is for sale long leasehold (999 years) by way of informal tender (unless sold prior) at a Guide Price of £950,000, subject to contract.

Brochures

Stafford Cripps House, Globe Road, London, E2 0LN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bethnal Green (Underground) Station0.2 miles
  • Stepney Green Station0.4 miles
  • Bethnal Green (Mainline) Station0.5 miles

Notes

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Disclaimer - Property reference GlobeRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by GLPG, Marylebone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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