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
