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1358-1370 London Road, Norbury, London, SW16 4DE

For sale: POA|0.24 Acres|General Retail, Land, Retail, Commercial Land

PROPERTY DETAILS

FOR SALEPOA
SIZE0.24 Acres
ADDRESS1358-1370 London Road, Norbury, London, SW16 4DE
TYPEGeneral Retail, Land, Retail, Commercial Land
TENUREUnder Offer, For Sale Freehold
POSTED ON1st January 2020

DESCRIPTION

MIXED-USE INVESTMENT PROPERTY COMPRISING A PARADE OF SHOPS, COMMUNITY CENTRE, OFFICE AND TWO 4X BEDROOM FLATS (RENT INCOME GBP 151,500 PA) - EXCELLENT RE-DEVELOPMENT POTENTIAL The property offers significant residential led development opportunities including the development of the airspace. A recent feasibility study by Barton Willmore offers a comprehensive overview of the site's re-development potential. The report concludes that in planning terms the principle of the residential extension of the property is supported by both national and local planning policies, which seeks to direct new residential development within Norbury. There is potential to increase the height and density of the subject property through the extension of the existing building (subject to necessary consents). The proposals prepared by Barton Willmore illustrate a mixed-use building of 4 storeys comprising commercial floorspace uses on the ground floor and 26 Residential Units above through the submission



(From Caldes Software. Property Ref: N14166. Jan 8 2020 4:22PM)

LOCATION

Location: 1358-1370 London Road, Norbury, London, SW16 4DE

Tooting Broadway (2.4 miles)

Colliers Wood (2.5 miles)

Tooting Bec (2.5 miles)

Norbury (0.1 miles)

Streatham Common (0.9 miles)

Thornton Heath (1.2 miles)

AGENT'S DETAILS

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