Dace Road

Hackney, London

Offers in excess of £5,500,000

Reference:
338
Type:
Mixed Use
Tenure:
Freehold
Status:
Sold
Size:
0.32 acres

Map

Please note: Locations and addresses are approximate and may not be as accurate as expected.

Planning

Planning status: Resolution to Grant

Planning authority: Hackney Council

Application details:

The property benefits from a resolution to grant planning permission for the demolition of the existing buildings and the erection of a new 5-storey building to provide two ground floor commercial units (B1 Use Class) totalling 5,716ft2 GIA and 34 residential units within the upper floors.

The proposed scheme will comprise 16 x 1 bedroom, 11 x 2 bedroom and 7 x 3 bedroom apartments totalling 24,122ft2 , all of which will benefit from private amenity space.

The planning consent is subject to a Section 106 Agreement with obligations for 5 units to be designated for shared ownership and 3 units for affordable rent, along with financial contributions totalling £58,840.

A CIL liability of approximately £231,109 is applicable

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Ownership

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