Retail and residential development opportunity for sale in Dalston

This property is marketed by:
Strettons

This entirely self-contained commercial building offers extensive ground floor/retail frontage onto Kingsland Road, with return frontage onto Stamford Road. The building benefits two separate entrances, allowing the ground floor retail/ commercial to have separate access from the 1st and 2nd floors if subdivision was required. There is an impressive private roof-terrace which could be suitable for a range of uses subject to consents.

The building lies within the London Borough of Hackney. Planning consent has now lapsed but was approved in November 2016 for ‘Erection of a roof extension to create an additional storey and change of use of first and second floor from retail (Formerly class A1) to Residential (Class C3) to provide 2 self-contained dwellings (1 x studio & 1 x 2 bedroom).

Located on the corner of Stamford Road and Kingsland Road, within the London Borough Of Hackney. Hackney is known for it’s diversity and vibrant cultural life, offering a mix of vintage shops and a wide range of eateries from street food to high-end dining. The building benefits from excellent transport links, with Dalston Junction (London Overground) a 2 minute walk away and Dalston Kingsland (London Overground) a 5 minute walk away. There are also bus routes that connect the area to the rest of the city.

Local retailers include Tesco, Anytime Fitness, Dalston Curve Garden, Pret A Manger, Pizza Union, The Dusty Knuckle Bakery, Allpress as well as Dalston Kingsland Shopping Centre and Dalston Square.

Key features

• Incredible Retail & Residential Development Opportunity in Dalston
• Total Gross Internal Area extending to 2,483 sq ft* (* size is subject to on-site verification)
• Entire building across 3 floors
• Extensive roof terrace
• Planning consent would create 1 x studio and 1 x 2 bedroom flat with retention of commercial on the ground floor
• Prominent corner building with extensive frontage to Kingsland Road and return frontage to Stamford Road
• Self-contained retail premises, with separate entrance to upper floors currently in commercial use
• Freehold sale with vacant possession upon completion
• Lapsed planning consent for erection of a roof extension to create an additional storey and change of use of first and second floor, as well as the new third floor for residential use
• Scope for restaurant and bar use subject to planning and licenses