This commercial property presents a versatile opportunity for investors and developers, currently designated under F1 (Education) Use Class. Spanning lower ground, ground, and first floors, the building is in need of modernization, offering a blank canvas for those looking to enhance its value. The potential for redevelopment into residential units (subject to planning permission) adds an attractive layer to its investment profile.
Located in the vibrant London Fields area, this property benefits from its prime position on a pedestrianized street that incorporates a dedicated cycle lane. The surrounding neighborhood is known for its dynamic atmosphere, with an array of popular cafes, bars, restaurants, and boutique shops just moments away. Local markets further contribute to the lively community culture. Proximity to Hackney Central station ensures easy access to various parts of London, making it an appealing site for businesses seeking connectivity.
Additionally, the property's presence on the 2023 Valuation Office Agency's assessment with a rateable value of £10,250 offers investors insight into its financial characteristics. With careful renovation and strategic planning, this space holds significant potential for maximizing returns in one of East London's most desirable locations.
