Selling 3.5 acres for residential development and letting 1.5 acres of land in Bow

This secure open storage land, positioned on a 5-acre site, was available to be negotiated on flexible terms. The client instructed us to market the site for sale to a residential developer on a subject to planning basis.

Positioned in the thriving Tower Hamlets Borough, the location offered the benefit of excellent rail and road links. The team provided marketing advice and completed a sale on behalf of the client. 

The site was divided, and our team were involved in the disposal of 3.5 acres at £29.3 million, with an overage provision, on a subject to planning basis to the purchaser, Ailsa Wharf Developments. The remaining 1.5 acres were agreed on new lease terms with Veolia.