Paola House 2 Talbot Rd 6,683 SF Industrial Building London E7 0DX $2,769,803 CAD ($414.46 CAD/SF)
INVESTMENT HIGHLIGHTS
- The immediate area consists of predominantly residential properties
- It benefits from excellent transport links, with Forest Gate Station offering fast access to central London via the Elizabeth Line (Crossrail)
- Forest Gate (E7) is a vibrant and up-and-coming area with an increasing number of independent cafés, restaurants and shops on the high street
EXECUTIVE SUMMARY
The building is arranged over basement to 1st floors and benefits from a front and side yard suitable for storage, loading and or parking. Historically been used for storage and part office, but has been stripped to shell and core and is currently vacant, therefore ready for an immediate fit out.
Planning permission granted in 2020 is for an additional floor for a live/work unit equating to approximately 2,000 square feet. The first floor has permission for a change of use to residential consisting of x3 units, the basement and ground floor will remain commercial but with the benefit for B1 (Office) usage. The planning permission has been implemented.
Planning permission granted in 2020 is for an additional floor for a live/work unit equating to approximately 2,000 square feet. The first floor has permission for a change of use to residential consisting of x3 units, the basement and ground floor will remain commercial but with the benefit for B1 (Office) usage. The planning permission has been implemented.
PROPERTY FACTS
| Price | $2,769,803 CAD |
| Price Per SF | $414.46 CAD |
| Sale Type | Owner User |
| Tenure | Freehold |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.17 AC |
| Rentable Building Area | 6,683 SF |
| No. Stories | 3 |
| Year Built | 1970 |
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