I've got a couple of (good) American books on kitchen design/construction, as I was interested in doing ours with face frames. I've seen a cooker unit in that position in one of them but I'd have to dig them out to be certain which. I think it's fairly common over there (they have bigger kitchens generally).
A few observations:
o It will stick into the room more than you think, projection is determined by width of the cooker,
because of the back corners.
o If you build a three- or five-sided unit, you avoid a mason's mitre on the worktop (assuming worktop to
both sides) and it looks neat.
o You'll have a big space below the worktop, that's hard to use. If you don't want to waste quite as
much you might put a big oven below and a smaller (grill?) above. Otherwise, big pan storage?
o It will give you ample space at the back for extraction hood piping.
I've yet to tackle ours, but will look seriously at that arrangement, as, although ours isn't a small kitchen, the doors are very awkwardly arranged, with one short bit of wall we couldn't otherwise use well - that arrangement might work nicely.
Will you post back how you get on, pref. with pics?
Cheers,
S.