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Clarence Road, London, E5 For Sale - £345,000

Commercial For Sale in - £345,000

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Property Infomation

Tenure: Freehold

The above information is based on feedback given to us by the landlord and/or the outgoing tenant(s). all relevant information will be verified at the point an application to rent is made.

We are delighted to offer for sale this shop and basement on a freehold basis. The premises comprise of a ground floor shop and a spacious basement and a rear yard (currently vacant). The total approx internal area (ground and basement) is 1100 sq ft. Above are 2 x 1 bedroom apartments (ALREADY SOLD ON LONG LEASES).

Based on numerous other developments on the same road, we believe there is a great oppurtunity to develop both floors into a split level apartment OR 2 self contained apartments (subject to relevant planning consents from the local authority).

The property is situated in the heart of Clapton in a turning just off Lower Clapton Road and benefits from numerous bus routes into the city and Hackney Central station is approx 10 mins walk away.

We feel this is an ideal oppurtunity to acquire a freehold shop to let on a commercial basis, or to run your own business or to develop into residential premises. Viewings via appointment with Courtneys.

Floor Plan 1

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Below is a breakdown of how the total amount of SDLT was calculated.

Up to £250k (Percentage rate 0%)

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Above £250k and up to £925k (Percentage rate 5%)

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Above £925k and up to £1.5m (Percentage rate 10%)

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Above £1.5m (Percentage rate 12%)

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Up to £425k (Percentage rate 0%)

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Above £425k and up to £625k (Percentage rate 0%)

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Please note: This calculation is for illustrative purposes only. Calculations applicable to transactions completing after 23/09/2022. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.


Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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