UNDER OFFER

FREEHOLD RESIDENTIAL DEVELOPMENT SITE

FOR SALE

  • Residential Development Site
  • Approximately 0.0457 ha (0.1129 Acres)
  • Planning Permission granted

239 Portland Road, South Norwood, London SE25 4XB

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Location:
The site is situated in a prominent corner position at the junction of Portland Road (A215) and Sandown Road between Watcome Road and Oakley Road.

Public transport services are good with Norwood Junction Railway Station close by and various bus services operating along Portland Road.

Shopping and leisure facilities are all close by.

Description/Accommodation:
The site extends to approximately 0.0457 ha (0.1129 Acres) and is currently used primarily as an open car showroom with office and ancillary area.

 

Planning:
Planning Permission was granted by the London Borough of Croydon on the 16th January 2018 (Reference:  17/04652/FUL [For the erection of a three floor building comprising 2 x 1 bedroom and 1 x 2 bedroom flats, a two floor and end of terrace 3 x bedroom house and for the demolition of the existing outbuildings and the construction of a 1 x bedroom bungalow]).

Terms:
The freehold interest is available for sale with the benefit of the Planning Consent and  is offered either as a whole or in two parts comprising the 2 x 1 bedroom and 1 x 2 bedroom flats in the sum of £300,000 and the
3 bedroom house and 1 bedroom bungalow in the sum of £300,000.

The whole site is available in the sum of £585,000, Subject to Contract.

Price plus VAT (if applicable).

Legal Costs:
Each party to be responsible for their own legal costs.

Viewing
For further information, or to arrange an inspection please contact
Sole Agents Gildersleve & Payne Tel 020 8686 4400
Nick Payne  MRICS
Email: nickp@gpcommecial.co.uk
or David Sutton BA (Hons)
Email  davids@gpcommercial.co.uk

Property Misdescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice
Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk

2 Woodbridge, Smallfield

239 Portland Road, South Norwood, London, SE25 4SB

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