Home > Auctions > 21 November 2023 21 November 2023 - 9:00am > Lot 149

21 November 2023: Tuesday 21 November 2023 - 9:00am
Return to catalogue   Previous lot Next lot 
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan

Property details

Contact an agent

    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Freehold Development / Investment Opportunity
    • Of interest to Owner Occupiers for the existing Commercial Use.
    • Detached Former Warehouse/Office
    • Planning Consent for 3 x Residential Units
    • Consented GIA of circa 2,206 sq ft (205 sq m)
    • Offered with Full Vacant Possession
    • Established and Popular Location
    • Current GIA of circa 1,701 sq ft (158 sq m)
    • Planning granted for 2x two bedroom apartments and 1x Studio apartment

    Description

    The property comprises a detached vacant two storey Victorian warehouse building of circa 1,701 sq ft (158 sq m).

    Benefitting from private access from The Square, the property was previously used as a warehouse for storage and distribution (Class B8) and is in need of modernisation/refurbishment.

    The property has recently obtained planning consent for conversion to residential use, providing 3 x self-contained flats (2 x two-bedroom units of 764 sq ft and 754 sq ft, and 1 x Studio of 441 sq ft) with associated amenity space, cycle and refuse storage giving a consented GIA of 2,206 sq ft. We understand that no Section 106 payments are required.

    The property is situated in the established and sought after location of Woodford Green. The area is popular with commuters and residential properties generally command a premium due to the area's excellent communications with Central London.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please note the approximate areas have been provided by a third party and the property has not been inspected by Savills.

    Planning

    The property has recently obtained planning consent (Reference: 2490/23) for conversion to residential use, providing 3 x self-contained flats with the below NIA areas:


    Flat 1 - Two Bedrooms - 764 sq ft (71 sq m)

    Flat 2 - Two Bedrooms - 754 sq ft (70 sq m)

    Flat 3 - Studio - 441 sq ft (41 sq m)


    The proposed development also includes associated amenity space, cycle storage and refuse storage. We understand there are no Section 106 obligations.

    Notes

    Joint Auctioneer

    Ben Colman

    0203 780 2029

    07711 177 584

    Ben.colman@hillstonegroup.co.uk


    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

      • View Virtual Tour

        Play

      Contact

        Arrange a viewing

        Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

        Please select a time from the options below

        All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

        Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

        Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

        No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

        There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

        Savills is a trading name of Savills plc. Savills is committed to ensuring that your privacy is protected. This privacy policy explains how we use the information we collect about you, how you can instruct us if you prefer to limit the use of that information and procedures that we have in place to safeguard your privacy

        Local information

        Woodford Green is an attractive North East London suburb approximately 7 miles from the City of London and 8 miles from the West End. The area is bounded by Chingford and Higham's Park to the west, Chigwell and South Woodford to the east and is served by the A104, North Circular Road (A406) and M11. Mill Lane is a short walk from Woodford Central Line Station (22 mins to Liverpool Street & 32 mins to Oxford Circus).

        Woodford Green is one of East London’s more rural suburbs and forms part of the London Borough of Redbridge. The area benefits from a wealth of parks and recreational sports grounds including Golf & Rugby Clubs and a large selection of restaurants and shops. Mill Lane itself is just off Woodford High Road close to significant routes into surrounding areas (A1009 & A1199). An attractive road that falls within the Woodford Village conservation area and is populated by a range of commercial and residential properties.

        Legal documents

        Login to view legal documents

        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

        Buying a property Common auction conditions Auction notices

        Addendums