Skip to content

Old Mill House & The Studio, 1-2 Furrow Lane, London, E9 6JS

Offers in Excess of
£700,000

£867.41 per sq ft

Business rates & charges may apply

Fyfe Mcdade Limited, London
SIZE AVAILABLE

807-1,754 sq ft

75-163 sq m

SECTOR

Office for sale

Key features

  • Freehold site comprising an extended former Mill
  • Permitted development rights for 2 unique residential units comprising 1,754 Sq. Ft.
  • Significant further development potential to improve the PD scheme or to extend significantly (stp)

Description

A unique and architecturally interesting site comprising a “deco-style” double height Warehouse and an extended former Mill sharing a large courtyard which provides vehicular and pedestrian access from Furrow Lane and secluded private amenity space. Capable of separation or combination. Both properties were formally in Class E (B1(c) use and permitted development is being obtained to enable conversion of the existing buildings to 3 large residential units, as follows:

*The Warehouse unit provides double height space with a huge sliding concertina front door with deco style glass lights above and two large crittall windows to the side elevation. The property can be converted to a unique double height unit with a mezzanine level providing up to 1,000 Sq ft of accommodation and further minor planning consents with roof alterations could yield an additional bedroom level and large roof terrace. A fresh approach to planning could include at least 2 further levels (stp).
*The former Mill building comprises ground and first floor accommodation and can be converted into a unique 2 level Townhouse with private amenity. Further minor planning consents could yield additional ground floor space and minor roof alterations would provide FF layout flexibility and an additional bedroom. A fresh approach to planning could yield at least one further level (stp).
*The more modern ground floor extension to the former Mill can be converted to a large 2 bed studio unit with private amenity space. A fresh approach to planning could provide an additional level on part (stp).

By prior appointment with the sole agents, Fyfe Mcdade.

Homerton is an increasingly popular East London neighbourhood, just a short walk from Homerton Station and the fashionable Chatsworth Road which has a mix of cafes, bars and boutiques and a popular Sunday market. Victoria Park and the Hackney Marshes are both within a 10 minute walk and an increasing number of gastropubs and upmarket chains have seen the area attract a young and affluent demographic of residential buyers.

Unconditional offers are being sought for the freehold interest at an asking price of £700,000. Full vacant possession will be available upon completion.

The site has a permitted development application submitted for each existing unit. One of the applications is approved, subject to the signing of the S106 agreement. The other application has been validated by Hackney Council with a decision is expected soon. Full details can be found via Hackney Council planning portal under references 2023/1497 & 2023/0768. In addition, our clients have received a positive pre-app response supporting the redevelopment of the warehouse unit on at least 3 floors reflecting the height and scale of the adjacent Alvares House development. We are of the opinion that the site would support further development for multiple residential units subject to additional planning permission.

Brochures

Old Mill House & The Studio, 1-2 Furrow Lane, London, E9 6JS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Homerton Station0.2 miles
  • Hackney Central Station0.4 miles
  • Hackney Downs Station0.5 miles

About Fyfe Mcdade Limited, London

1 Charlotte Road, London, EC2A 3DH

Fyfe Mcdade Limited, London

The market for commercial property in London is undergoing a transformation, especially in East, North and central London, where co-working has changed the face of the commercial office market. We are at the forefront of this property revolution, selling and letting spaces across the property spectrum, from hot desks in Hoxton to unique retail units for boutique businesses to whole office buildings in central London. We provide advice on every aspect of selling or letting commercial property,

More properties from Fyfe Mcdade Limited, London

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 189274-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fyfe Mcdade Limited, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.