Garages to the rear of Embassy Court, Bounds Green Road, London N11 2EU

Description

The existing land comprises of 24 garages on a site area of approximately 0.155 acres, which now benefits from planning permission to create 2 four-bedroom contemporary houses of approximately 1,783sq.ft each. The houses once constructed will be over ground and first floor each with one off-street parking bay and ample amenity space.

Location

The property is situated to the rear of Embassy Court on Bounds Green Road within the London Borough of Haringey and well situated to local amenities such as a
pharmacy, post office and independent shops all just a short walk from the property. The iconic Alexandra Palace is a short drive away offering
varied events and days out. Set in Alexandra Park with its
large green open spaces and lake that attracts a variety
of wildlife and is great for family days out.
The property is within the catchment area for the
outstanding rated Bowes Primary School, St Thomas
More Catholic Secondary School and Alexandra Park
Secondary School.

Transport

Southfields Undeground Station is located approximately 1km to the north of the site providing District Line services to Fulham Broadway (8 minutes), Earls Court (12 minutes) and London Victoria (23 minutes). Wimbledon Overground Station is approximately 1.4km to the south of the site and provides regular services to Clapham Junction (7 minutes) and London Waterloo (18 minutes). The 93-bus route operates along Parkside, approximately 300m to the west of the site.

Planning Permission

Planning permission was granted on appeal (reference: 09/P1303) in November 2010 for the demolition of the existing single residence and erection of a new single residence.

Planning permission has been implemented through the demolition of the existing building and therefore is extant.

For further information, please contact the Merton Borough Council on 020 8545 3777.

Viewings

Please speak to a member of the Highfield team for viewing arrangements

Additional Information

Planning documents, floor plans and other related documents will be sent in the form of an Information Pack that can be requested from a member of the Highfield team.

Financial Contributions

There is no CIL or Section 106 contribution payable on the development..

Tenure

Freehold

Terms

Offers in excess of £2,750,000 are invited for the vacant freehold interest.

It is our understanding that the sale of the property is to be treated as a commercial property transaction and therefore attracts a Stamp Duty Land Tax rate of 5% given that the site benefits from a planning permission and that the house that previously stood on the site has been demolished. However, purchasers must make their own enquiries on this matter.

VAT

Property For Investment

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