Development Kicking Off at Former Shoe Factory

Development Kicking Off at Former Shoe Factory

Kingsbury have been appointed to arrange a sale of a fantastic residential development opportunity situated off Stoke Newington Church Street in the sought-after area of Stoke Newington, Hackney.

The warehouse was originally built as a shoe factory and has since been subdivided into units of various types including offices and residential apartments, which now require a program of refurbishment and improvements in order to create a highly sough-after warehouse style residential-led development.

23 residential units extending to approximately 14,504.sq.ft. NIA in total have recently been granted Certificates of Lawfulness.

The property benefits from Prior Approval granted in October 2015 for the conversion of approximately 6,782sq.ft. NIA of B1 Office space to residential use via Permitted Development Rights, in order to create a further 9 residential units.

The property is expected to be highly sought-after, and to discuss any aspects of the sale of this property please contact or 020 7183 2529.

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