Approximate Total Project Value: £28m
Borough: Tower Hamlets
Vendor: Commercial Investment company
Bluecroft purchased this site in Bethnal Green in 2008 as a commercial investment, with Travis Perkins builders merchants as tenants.
The property comprises of a two-storey retail/trade counter and storage building, with other ancillary storage accommodation and yard space.
Bluecroft identified the long term potential for a mixed use re-development of the site located right next to Bethnal Green tube station.
Consent was granted at the start of this year for 53 new build loft style apartments and commercial space.