The subject property currently comprises office and storage accommodation arranged over ground and first floors.
The three retail units to the front of the property comprise ground floor and basement areas and are available to rent separately or combined. Further details on request.
Location
The property is located to the rear of three prominent shop units on Streatham High Road (A23), overlooking Streatham Common.
Streatham train station is less than a 10 minute walk from the property and provides easy access to London Bridge and East Croydon and Thameslink services.
Bus stop for numerous routes outside of property.
Accommodation
FLAT A – 3 bed, 4 people - 1,039 sq. ft. (96.50 sq. m.)
FLAT B – 1 bed, 1 people - 469 sq. ft. (43.60 sq. m.)
FLAT C – 1 bed, 1 people - 463 sq. ft. (43.00 sq. m.)
FLAT D – 3 bed, 4 people - 830 sq. ft. (77.10 sq. m.)
Total Amenity space- 789 sq. ft. (73.30 sq. m.)
TOTAL - 3,590 sq. ft. (333.50 sq. m.)
Terms
PLANNING -Planning granted for Demolition of existing ground floor rear additions and erection of a two storey ground floor rear extensions to provide 2x 1-bed and 2x 3-bed residential units together with the provision of shared amenity space, cycle and recycle storage. (Application number 25/01233/FUL refers).
In addition to the accommodation schedule, this development will provide for 8 bike parking spaces and 2 x 660 litre bin storage to be shared between the flats.
Each flat and room within meet or exceed the minimum requirements set in the London Housing Design Guide. Also, each flat has its own garden. Flat A & D have balconies. This amenity space is also in excess of the minimum requirements.
TERMS - Freehold with vacant possession of the rear properties.
PRICE - £690,000
VAT - The property is not elected for VAT.
EPC - Band D (94). Expires 28 March 2034.
Specification
- Easy access to A23
- Planning already granted
- Good letting location
- Ideal development / investment opportunity
- Good public transport links