Town centre development opportunity
Verified listing
Share:

Town centre development opportunity

Ilford, United Kingdom

66%

Offers invited

Development

#35627

Value-Add, Opportunistic

27 Jan 2025

Property Details

Broker

For sale

0.55 ha

site area

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

0.00 %

0.50 %

Investment Overview

The Site extends to approximately 1.3 acres (0.55 ha) and was previously occupied by a multi-storey car park, which is in the process of being demolished by the London Borough of Redbridge (LBR). The Site is located 0.5 miles from Ilford train station, which is serviced by the Elizabeth Line, and benefits from excellent transport connections by rail and road, located close to the M11, A406 and A12 main roads. The Greater London Authority (GLA) have acknowledged Ilford as a Metropolitan Town Centre in the London Plan meaning there is good accessibility and significant employment, service and leisure functions. The Site itself has been allocated by LBR for residential development and sits within a designated Tall Building Zone.

BESbswy