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Residential Development Opportunity For Sale, 516 London Road, Thornton Heath, CR7 7YG

0.14 acres / Other / Residential

Withdrawn - Last updated: 05 December 2024

The property comprises a within a long narrow site. The building fronting London Road comprises a two-storey building with accommodation in the roof space. The rear industrial building extends the length and width of the site. Vehicular access is off London Road which serves a narrow courtyard located within the site.
( Agency Pilot Software ref: 25739 )

Location

The property is located on London Road, Thornton Heath, adjacent to Croydon University Hospital and forming a secondary retail parade. Croydon town centre is located 0.8 miles south of the site via London Road and Thornton Heath town centre is located 1.1 miles to the northeast of the site. West Croydon Railway Station is located 0.8 miles south of the property, providing services to London Bridge (18 mins), London Victoria (35 mins), Epsom Downs, Epsom and Sutton. London Overground also operates from this station providing services to Highbury & Islington

Accommodation

The site is rectangular in shape and extends to approximately 0.14 acres (0.06 hectares).

Terms

TENURE The property is held freehold under title number SY276877.

LEGAL COSTS Each party is to be responsible for their own legal costs.

VAT We understand that the property is not elected for VAT.

DATA ROOM Further information, including planning documents and title documentation can be found in the Data Room by using the link below: https://shwcrm.agencypilot.com/PropertyView/Account/Login/25739/516-LondonRoad-Thornton-Heath-Surrey-CR7-7YG

ANTI-MONEY LAUNDERING In order to discharge its legal obligations under applicable Anti-Money Laundering regulations, SHW will require certain information of the successful bidder. In submitting your offer, you agree to provide such information when Heads of Terms are agreed.

GUIDE PRICE We are inviting offers at £750,000 for the freehold interest.

Specification

  • Exists as a building with retail and industrial use
  • Located on London Road, Thornton Heath
  • Benefits from planning permission for 1x retail unit and 9x flats
  • Guide Price: £750,000 for the freehold interest


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