Rare Shoreditch development opportunity changes hands

CME Capital and FIrefly Capital have bought a mixed use property in Shoreditch, with significant redevelopment potential, from Grainger for £10.1375 million

110-126 Cheshire Street is positioned equidistant from Shoreditch High Street and Bethnal Green, within the City Fringe Opportunity Area Planning Framework 2014. The 0.37 ha site is located within the London Borough of Tower Hamlets and comprises 4,388 sq m (47,229 sq ft) of B1, A1, D1 and Sui Generis live/work space.

Daniel Parnes of CME Capital said: “This is an impressive opportunity and we are delighted to have secured a piece of this exciting part of London.”

CME Capital and FIrefly Capital were advised by Hanover Green.

 

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