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Residential Investment and Development Opportunity, East Ferry Road and Chipka Street, Isle of Dogs, E14 9ET
0.39 acres / Other / Residential
Withdrawn - Last updated: 19 April 2021
The subject site is conveniently located at the north of the Isle of Dogs and within close proximity to Canary Wharf and its extensive amenity offer including over 200 shops, bars, restaurants and cafes. The subject site comprises a total of 11 land interests and is also known as the ‘Triangle Site’. The total site area extends to approximately 0.39 acres (0.16 ha). A row of terraced houses at 2, 4 and 6 East Ferry Road were demolished in June 2016 and this area adjoins vacant scrub land at the north eastern corner of the site. 8-10 East Ferry Road comprises the single storey vacant Harry’s café, which neighbours vacant terraced houses, 12 and 16 East Ferry Road. 22 and 24 East Ferry Road, and 3 and 5 Chipka Street are occupied terraced houses with 5 Assured Shorthold Tenancies (AST’s) in place. The current AST income is approximately £69,000 per annum in total.
One Housing Group Ltd owns the freehold interest of the majority of the neighbouring properties (14 and 18 East Ferry Road, and 1, 2 and 4 Chipka Street), whilst Newlon Housing Trust owns 20 East Ferry Road.
- Located at the north of the Isle of Dogs and within close proximity to Canary Wharf;
- Six houses with five Assured Shorthold Tenancies (AST’s) in place;
- Plus part of the site benefits from potential for residential or mixed use development (STP);
- Freehold interest for sale via informal tender;
- Offers invited;
- Bid deadline 12 noon, Wednesday 26th February 2020.
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