Development
properties
44-46 Tamworth Road, Croydon, London, CR0 1XU
Freehold Development Opportunity
The site has a resolution to grant planning permission for the demolition of existing buildings and construction of 9 flats and commercial space
Proposed NSA- 610m2 / 6,566sqft
Existing GIA - 255.1m2 / 2,745sqft
Amenities close by including Centrale Shopping centre, Marks & Spencers, and Nuffield Health Centre
Close to popular Reeves Corner location
Within a 5 minute walk to Wandle Park
Freehold
Existing buildings may be of interest to occupiers/investors
Offers in the region of £800,000
Description
The existing site comprises three 2-storey shops with residential upper parts and is offered with full vacant possession. A resolution to grant planning permission has been given by Croydon Council for the demolition of existing buildings and construction of 9 flats and commercial space on the ground floor.
Location
The site is located at Reeves Corner and positioned at the corner of Cairo New Road, Church Street and Tamworth Road. Situated in an area with a mixture of old and new buildings, a diverse range of local amenities can be found on Church Street just a few minutes walk away.
The local schools include Harris Invictus Academy (0.4 miles), The Minster Junior School (0.5 miles) and Heathfield Academy (0.9 miles).
Transport
The site has a PTAL of 6b (very high). It benefits from the close proximity of two tram stops, Reeves Corner and Church Street, which provide access to both West Croydon and East Croydon Stations. West Croydon Station is also just an 8 minute walk away which provides direct access to London Bridge within 18 minutes.
Access
Available upon request.
Financial Contributions
The CIL charge is £14,256.84 and the S106 is £15,000
VAT
We have been advised that VAT is not applicable.
Tenure
Freehold
Terms
Offers in the region of £800,000
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.