Description
The existing site is a corner plot of approximately 0.15 acres comprising of a large garage building which formerly served as a petrol station. The site now benefits from planning permission to demolish the existing structures and create a new build scheme of eight residential apartments.
Location
The property is located in South Norwood. South Norwood High Street offers local shopping, with Sainsbury’s superstore at Crystal Palace under a mile away. Croydon is a regional shopping magnet with modern malls, Centrale and the Whitgift Centre.
Transport
The property is within close proximity to Norwood Junction overground station. Fast trains to London Bridge take just 12 minutes and London Victoria and Gatwick Airport are under half an hour away.
Planning
Granted under planning reference 12/02893/P for the demolition of existing buildings and the erection of a three storey building comprising six two bedroom and two one bedroom flats with associated parking. Croydon Council Planning Department 020 8726 6000
VAT
We understand the property is not elected for VAT
Terms
Offers are invited in excess of £450,000 Subject to Contract for the freehold interest.
Additional information
Copies of the proposed plans, decision notice and comparable analysis are available on request.
