Dobbin & Sullivan, London

39 Perth Road, Gants Hill, Ilford, IG2 6BX

£600,000

Under offer

Size

6,530

Tenure

Freehold

EPC

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Parking

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Primary use
Commercial development

No floor / site plan

Description

Description
The site currently occupied by a single storey building has been lying vacant for the last 10 years. It is located between a 10 storey student accommodation and a parade of shops fronting onto Perth Road.

Location
The site and premises is situated on the west side of Perth Road close to the junction with Eastern Avenue (A12) leading to Gants Hill Roundabout. Gants Hill is an affluent part of North Ilford within the London Borough of Redbridge lying only 9.5 miles east of Charing Cross.
Gants Hill Roundabout is an important hub linking the A12 travelling westwards to the A406 North Circular Road and further with the A11 towards the City. The A12 travelling eastward heads toward Romford and links with the Orbital M25. Woodford Avenue (A1400) feeding off Gants Hill Roundabouts heading in a north west direction links to A406 whilst Cranbrook Road (A123) heading southwards leads to Ilford and in a north east direction towards Barkingside. The site lies also less than 1 minute’s walk to Gants Hill London Underground (Central) line.
Immediately around the roundabout and on the roads feeding off this, there are a number of retail outlets, bars and restaurants and a number of new residential blocks.

Planning Consent
A residential development opportunity in the London Borough of Redbridge. Planning consent was granted on 1st March 2024 for the demolition of the existing building and for the erection of of a 9 storey block including 8 residential flats (8 x 1 bed). The total indicative CIL liability will be in the region of £129,000. Further conditions can be found in the full decision notice available on the London Borough of Redbridge planning portal page under Reference 3955/22.

Price
We are instructed to seek £600,000 for the freehold interest with the benefit of planning consent and with vacant possession.

Legal Costs
Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the landlord’s abortive costs if the prospective purchaser withdraw from the transaction.

Viewing
Strictly by appointment via Dobbin and Sullivan - Sole Agents.
Dobbin & Sullivan, London

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
1
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Environmental data
BREEAM rating
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Environmental description
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Brochure

39 Perth Road, Gants Hill, Ilford, IG2 6BX

NEAREST STATIONS

London Underground

Gants Hill Station

0.08 miles

London Underground

Newbury Park Station

0.95 miles

London Underground

Redbridge Station

0.95 miles

About Dobbin & Sullivan, London

Dobbin & Sullivan, London

Dobbin & Sullivan provide a personalised service where clients select the correct level of input for their particular requirement. Our expertise and experience enable us to provide a comprehensive and diverse range of commercial property solutions dynamically and effectively.Our core principle that each instruction retains its level of importance and our ability to remain focused upon our clients' aim has provided growth through recommendation and reputation.

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Disclaimer - Property reference 212173-1. 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 Dobbin & Sullivan, 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.