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Freehold Land with Development Potential

For sale: £800,000.00|0.1 Acres|Residential, Land, Commercial Land

Property details

FOR SALE£800,000.00
SIZE0.1 Acres
ADDRESS2 A, B & C Burlington Road, Croydon CR7 8PE
TYPEResidential, Land, Commercial Land
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON29th July 2021

Description

Opportunity to purchase two combining sites measuring 0.1 acres in total in a sought after location in the London Borough of Croydon.

The site is currently used by a steel distribution company, but was formerly used as a place of worship and a vehicle repair centre. The existing tenants are on a rolling tenancy and are paying a rent of £2,550 per month. Vacant possession can be provided on short notice.

The site has significant development potential and informal pre-planning advice has been discussed and a 9 unit residential-led scheme was deemed feasible. However, it is advised that all interested parties take independent advice on the feasibility of the site.

Offers are encouraged on a Subject to Planning, Joint Venture and Unconditional purchase basis.

Location

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Location: 2 A, B & C Burlington Road, Croydon CR7 8PE

Tooting Broadway (3.4 miles)

Tooting Bec (3.4 miles)

Balham (3.5 miles)

Thornton Heath (0.6 miles)

Norbury (1.0 miles)

Norwood Junction (1.1 miles)

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