Residential Development Site, 21 Picardy Street, Lower Belvedere, DA17 5QQ

The site is rectangular and sits between Picardy Street and Dylan Road, measuring 0.29 acres in size.  The plot is currently occupied by a row of single storey buildings which consists of five shops facing Picardy Street.

Location

The site is situated on the corner of Dylan Road and Picardy Street.  Belvedere station is a 2 minute walk from the site providing regular access into Central London in 35 minutes.  Abbey Wood station is one stop from Belvedere and 1.3 miles away from the site, and benefits from a new Crossrail Line due in 2022.  Crossrail services are scheduled to add up to 12 extra trains per hour, providing services to Canary Wharf (11 minutes), Bond Street (25 minutes) and Heathrow Airport (51 minutes).

Belevere is a key growth area in the London Borough of Bexley with thousands of new homes being planned by the borough.  It is one of the last affordable yet accessible areas of London. 

Accommodation

Planning permission was granted on the 21st July.  Demolition of exising building and erection fo a part one/part, four/part, six part and seven-storey building to provide flexible commercial space at ground floor and 38 residential units comprising 9 x 1 bed, 28 x 2 bed and 1 x 3 bed apartments with associated amenity space, landscaping and parking.  The scheme is for 100% private housing. 

Terms

Tenure - Freehold

Price - Available on application

Specification

• A residential-led development opportunity with planning permission located next to Belvedere Station in the London Borough of Bexley.
• Planning permission is granted fro the development of 38 private apartments with ground floor commercial space.
• The scheme provides 9 x 1 bed, 28 x 2 bed and 1 x 3 bed apartments with 320 sq m Class E ground floor commercial space
• The scheme benefits from 100% private housing
• The site measure 0.29 acres and is located immediately adjacent to Belvedere Station providing access to Cetnral London in 35 minutes
• Abbey Wood;s Crossrail Station located 1.3 miles away.
• The site is currently a terrace of single storey commercial properties, vacant possession will be provided upon completion.
• For sale freehold.