The strategic potential of this relatively small, vacant industrial site was recognised by a major pension fund when we took it to market in late Spring. Extending to just 0.17 acres and with a building no bigger than 1,500sqft, the vacant site occupies a prominent position at the gateway to a major industrial zone that is likely to see considerable redevelopment in the medium term.
For those that might assume residential is by far the most valuable use class, we achieved £1.9M for this property, which equates to an incredible £11M/acre! If you happen to own an industrial site in a London borough and are thinking of selling, please get in touch!
PROJECT ADDRESS: Corner of 155 Blackwall Lane, Salutation Road & Telcon Way, Greenwich, London SE10 0PL