Mixed-use investment for sale in Seven Kings

602-610 High Road, Seven Kings, Seven Kings, London
For sale
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Property Description

A mix-use investment with potential to build new residential to the rear and convert part of the existing, located on 602 - 610 High Road, Seven Kings IG3 8BU. A scheme has been drawn for the part conversion of the existing building and the redevelopment of the rear to provide 9 private residential apartments (5x1b2p, 2x 2b3p, 2x2b4p) and retain a proportion of the existing commercial. Under this scheme residential GIA area equates to 546 sq m and commercial area 273 sq m. We also think there is scope for a wider new build redevelopment of the entire site, which could incorporate a range of uses. The site will be offered with the existing income and tenancies in place.

The site is located on High Road, Seven Kings within the London Borough of Redbridge. The property sits in a prominent corner position with a site area approximately measuring 480 sq m (5,167 sq ft). The London Borough of Redbridge has seen considerable regeneration over the last few years with schemes such as Goodmayes Tesco (Western Homes) coming forward in the next few years and Seven Kings station already developed. In addition to these, various branded hotels operators have requirements in the area. The site is very well located in terms of transport links, with Seven Kings station opposite, with direct access to the Elizabeth Line. This prime location offers travel times, such as 15-minutes to Stratford, 26-minute to Liverpool Street, 33-minute to Bond Street, and approximately 1 hour to Heathrow Airport. The area also benefits from excellent roads links with the A12 and A13 a short distance away, leading to the M11 and M25 motorways.The sites is in close proximity to a variety of shops, restaurants, and supermarkets including Tesco’s and Costa Coffee situated on the High Road. The site also benefits from an abundance of local amenities with Parks and leisure facilities.

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