TYPEResidential, Mixed use, Other Property Types & Opportunities
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON18th October 2021
0.84 acre site (0.34 hectares) located within 600m (8 minute walk) of Elephant & Castle underground station (Zone 1).
Planning permission has been implemented for a new build mixed-use scheme over basement, ground and first to fifth floors comprising 54 residential apartments (37 private units, 10 intermediate and 7 affordable rent) and 8 commercial units.
Total proposed area of 85,784 sq ft (7,969.6 sq m) NIA comprising 45,053 sq ft (4,185.56 sq m) NSA of residential floor space and 40,731 sq ft (3,784 sq m) NIA of commercial floor space.
Potential for increased massing and alternative uses including student (subject to planning).
Offers invited for the freehold interest on an unconditional basis.