Eastern Avenue, London Borough of Redbridge, IG2
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Eastern Avenue, London Borough of Redbridge, IG2
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POA
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Description
The existing property comprises a single storey salesroom and forecourt adjoining a cleared site which was previously occupied by The Avenue Public House. The public house was demolished in May 2021 to facilitate the redevelopment of the site. Part of the site is subject a tenancy at will paying £18,000pa which can be terminated at any time. The remainder of the site is occupied by a tenant on a 5-year lease which can be terminated by giving 20 working days’ notice. Overall the site area extends to approximately 1.09 acres with frontages onto Eastern Avenue (A12), Hertford Road and Brook Road.
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Planning
Planning permission was granted at appeal under reference APP/W5780/W/18/3195267 and subsequently implemented for the demolition of the existing buildings on the site and erection of part two, part three, part five, part seven, part eight and part twelve storey block containing 177 residential apartments with associated access, amenity space, landscaping, refuse storage and car and cycle parking. The proposed development will consist of 66 x 1 bed, 87 x 2 bed and 24 x 3 bed units extending to approximately 124,197FT2. The planning consent is subject to a Section 106 Agreement with obligations for 59 units to be designated as affordable housing (39 x shared ownership and 20 x affordable rent). A CIL liability of £1,200,000 is also payable.
Location
The site is situated on a prominent position fronting Eastern Avenue (A12), within the London Borough of Redbridge. The nearest shops and amenities are situated to the east of the property, along Eastern Avenue, a short walking distance from the site (circa 7 min). Ilford town centre is located approximately 2.4 miles from the property. Newbury Park station (Underground) is located adjacent to the site (circa 0.1 miles) offering direct Central Line links to Liverpool Street in circa 27 minutes. The property benefits from excellent access to the national motorway network, being located on the A12, 2.2 miles from the North Circular Road (A406) and 8 miles to Junction 28 of the M25.
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