This freehold site comprises a disused warehouse sitting on a plot measuring approximately 605 m2 (6,512 sqft) in size.
The building is located behind the main retail frontage of London Road and the residential frontage of Derby Road.
Access is from the junction of Derby Road and Parsons Mead via a gated accessway.
Location
The proposed development is situated in the highly sought-after Derby Road area of Croydon, a very short distance to Croydon town centre (0.2 miles), Whitgift shopping centre (0.2 miles) Wandle Park (0.3 miles) and West Croydon train (0.2 miles), Bus Station (0.1 miles), West Croydon Tram (0.6 miles), Pure Gyn (0.3 miles). and a PTAL Rating: 6b. This location is perfect for young professionals and first-time buyers.
Accommodation
Unit 1 - Ground Floor - 3 Bed - 112.4 sq m (1,209 sq ft)
Unit 2 - Ground Floor - 3 Bed - 99.2 sq m (1,068 sq ft)
Unit 3 - First Floor - 1 Bed - 65.6 sq m (706 sq ft)
Unit 4 - First Floor - 2 Bed - 81.7 sq m (879 sq ft)
Unit 5 - Second Floor - 1 Bed - 65.6 sq m (706 sq ft)
Unit 6 - Second Floor - 2 Bed - 81.7 sq m (879 sq ft)
Unit 7 - Third Floor - 2 Be3d - 81.4 sq m (876 sq ft)
Total - 587.6 sq m (6,323 sq ft)
Excludes roof terrace measuring 40.8 sq m
Terms
Proposal - The vendor will consider offers in the region of £750,000.
VAT - The site is not elected for VAT.
Planning - On 15 January 2021, planning was approved by Croydon Borough Council for the demolition of the existing warehouse building and erection of a building comprising 7 flats with improved access, provision of associated refuse storage and cycle storage. Private amenity space has been allocated for each flat. A communal garden on the third-floor roof terrace measuring 40.8sqm and surrounded by 1.5m high opaque glazed screens is accessible to all residents. In total, there will be approximately 155sqm of amenity space including roof terrace, private balcony, and enclosed gardens.
Specification
- Freehold
- Excellent transport and amenities nearby
- The site benefits from planning (Ref: 19/04490/FUL) for the demolition of the existing building and erection of 7 apartments
- Offers in the region of £750,000