UNDER OFFER

Freehold Land with Development Potential

Burlington Road, Croydon CR7

£800,000

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Desscription

Opportunity to purchase two combining sites measuring 0.1 acres in total in a sought after location in the London Borough of Croydon.

The site is currently used by a steel distribution company, but was formerly used as a place of worship and a vehicle repair centre. The existing tenants are on a rolling tenancy and are paying a rent of £5,000 per month. Vacant possession can be provided on short notice.

The site has significant development potential and informal pre-planning advice has been discussed and a 9 unit residential-led scheme was deemed feasible. However, it is advised that all interested parties take independent advice on the feasibility of the site.

Offers are encouraged on a Subject to Planning, Joint Venture and Unconditional purchase basis.

Location

2 A, B & C Burlington Road, Croydon CR7 8PE
The site is located in a sought after location in Thornton Heath which is in close proximity to local shops and amenities. In addition, it is only 0.6 miles from Thornton Heath Station which has a travel time of 26 minutes to London Victoria. A local bus stop is a short walk away which has a journey time of 20 minutes to West Croydon Station.

Burlington Road is conveniently located within Thornton Heath which plays host to a number of restaurants, supermarkets and shops. This is an attractive location for first-time buyer, families and commuters as it has easy access into central London and Croydon.

Planning History

14/04664/P | Refused Planning January 2015: Construction of first and second floors with a mansard roof to existing community church hall; use of whole building as 2 two-bedroom and 1 three-bedroom flats.

04/05258/P | Refused Planning April 2005: Demolition of existing building; erection of three-storey building comprising 6 two-bedroom flats and provision of 7 parking spaces.

Accommodation

UNIT SIZE (SQM) SIZE (SQFT)
Front D2 Unit 50 534
Rear B1C Unit 200 2,153
TOTAL 250 2,687

Plans