This cleared site extends to approximately 0.21 hectares (0.52 acres) and is currently occupied by National Car Parks (NCP) on flexible terms. The site is broadly level and rectangular in shape.
Location
Croydon is the largest town in south London.
The town centre remains a popular economic hub for businesses and is becoming one of the main commercial districts outside of central London.
Croydon benefits from exceptionally strong transport links and a flexible local workforce.
There have been a number of residential development schemes built in recent years. These include Ten Degrees, College Road Tower, Aspect Croydon, London Square and The Fold which is located less than 100m from the subject site.
This highlights the demand for modern high quality residential accommodation popular with young professionals, key workers and students of London South Bank University's Croydon Campus.
The site itself is situated on Edridge Road to the south west of town centre close A232, one main routes into central Croydon. sits between Community Health Centre and Leon House, an office building converted residential.
Accommodation
Size - approximately 0.21 hectares (0.52 acres)
Terms
Planning - The site previously benefited from the following planning permission consent (ref. 18/06069/FUL which expired in July 2025.
“The erection of a part 33 storey, part 11 storey and part single storeybuilding providing 230 residential units (Use Class C3); ancillary residents'gym; communal roof terraces and amenity spaces; new vehicular access;car parking; cycle parking; waste storage, and associated works. (Note: the amendments include the reduction in height to 33 storeys, changes tothe facade details including materials, minor internal changes and the introduction of a 8 metre wind mitigation screen to the first floor terrace located on the western side of the building)”
Whilst the consent has recently expired, we would highlight that the site is specifically promoted within Croydon’s Local Plan as being suitable for a residential-led tower block development. The lifetime of the Local Plan is envisaged as being from 2018 up to 2039. Alternatively, interested parties may consider reinstating the expired consent or designing an entirely new scheme.The site also lends itself to a number of alternative uses including various commercial uses, PBSA, social housing and care.
Guide Price - Offers invited.
Tenure - The property is held freehold under title number SGL573075.
Tenancies - The property is currently occupied by National Car Parks (NCP) at £67,200 pa by way of a management agreement incorporating a mutually operable rolling monthly break clause.
Legal Costs - Each party is responsible for their own legal costs incurred throughout the transaction.
Specification
- Cleared site of 0.52 acres (0.21 ha)
- Current car park income of £67,200 pa with termination provisions
- Highlighted within the Local Plan as a site suitable for residential uses
- Previously benefited from a planning consent granting 230 residential units within 2 towers over 11 and 33 storeys respectively
- The site also lends itself to a number of alternative uses
- The site is within walking distance of both West and East Croydon stations with frequent services into central London, Gatwick Airport and the south coast.
- Offers for the freehold interest are invited