Description
The existing property is a two storey office building set on a rectangular site of approximately 0.15 acres, with a number of single storey rear storage units. The property now benefits from planning permission to demolish the existing building and construct 6 residential apartments comprising of 4 two-bedroom units and 2 one-bedroom units over ground, first and second floors. The net saleable area of the development will be 4,324sqft / 401.7sqm.
Location
The property is located on Whitehorse Road, five minutes from the modern and lively Croydon Town Centre, which is home to the large Whitgift and Centrale Shopping Centres. Croydon is undergoing significant regeneration as part of Croydon Vision 2020, which aims to promote Croydon as a hub of living, retaining, culture and business in South London and the South East of England.
The property is in the catchment area for several good schools, including the BRIT school for Performing Arts and Technology.
Transport
The property is within close proximity to Selhurst Overground station with fast trains taking 20 minutes to London Bridge and 30 Minutes to London Victoria. Brighton is also an hour away by train or car.
Planning Permission
Planning permission was granted under planning reference 15/05099/P on the 11th January 2016 for the demolition of existing buildings; erection of a single / two / three storey building to provide 4 two bedroom and 2 one bedroom flats; formation of vehicular access and provision of associated parking and refuse storage.
Further Information
For copies or the existing or current proposed plans please contact a member of our team.
VAT
We understand the property is not subject to VAT.
Viewings
Can be adequately made from the roadside in the first instance.
Terms
Offers are invited in excess of £675,000 subject to contract for the vacant freehold interest.
Buyers note
On the instruction of the joint LPA Receivers.
