Auction House London

Lot 11

 

Land at Golding Street

Shadwell, London, E1 1QH

Unsold, the last bid was £970,000. Please refer to Auctioneer for Reserve.

A Residential Development Opportunity Comprising a Vacant Cleared Site Offered with Planning Permission to Erect Six Flats (5 x 2 Beds & 1 x 3 Beds).

Description

Tenure

Freehold

Location

The site is situated on Golding Street in the popular East London area of Shadwell a short walk from the shops and restaurants of Commercial Road. Transport links are provided Shadwell DLR and Shadwell rail station.

VAT

VAT is not applicable

Planning (2nd Column)

Tower Hamlets Council granted the following planning permission on 7th April 2014 "Erection of a 6 storey building comprising five x two bedroom flats and one x three bedroom flat."

Note (3rd Column)

We understand there may be potential to achieve additional storeys to the current scheme in order to increase the number of residential units, subject to obtaining the necessary consents.

The approved application is not subject to a Section 106 Agreement, however the purchaser will be liable for a Community Infrastructure Levy (CIL) to the sum of £16,611.

Viewing Details

Open Site

Proposed Accommodation

Property Floor Proposed Accommodation
Unit 1 Ground & Basement 3 Bedroom Flat (1,221 sq ft)
Unit 2 First 2 Bedroom Flat (534 sq ft)
Unit 3 Second 2 Bedroom Flat (534 sq ft)
Unit 4 Third 2 Bedroom Flat (534 sq ft)
Unit 5 Fourth 2 Bedroom Flat (534 sq ft)
Unit 6 Fifth 2 Bedroom Flat (534 sq ft)

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about Land at Golding Street, Shadwell, London, E1 1QH

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