Consented Zone 2 Development Opportunity For Sale

Gibbon Road, Nunhead SE15

£2,000,000

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Description

Opportunity to purchase freehold land within Zone 2, with planning permission to build five mews houses and two flats in Nunhead, in the London Borough of Southwark.

Planning permission was granted in March 2021 for the demolition of the existing two-storey front commercial properties and the construction of 2 x 2-bed flats, a split-level retail unit, and the erection of five mews houses made up of 4 x 3-beds, and 1 x 4-bed, with additional parking and bike storage.

The existing properties are currently occupied by commercial tenants, however, the site will be sold with vacant possession and the land to the rear has been cleared.

Unconditional offers are invited in excess of £2,000,000.

Location

16-18 Gibbon Road, Nunhead SE15 2AS

The site lies on Gibbon Road, in Nunhead which is part of the London Borough of Southwark. The site is located in a residential area with great transport links into London from Nunhead Railway Station which is 0.2 miles away (3 min walk) and has direct access into London Victoria (17 minutes) and London Bridge (22 minutes).

Other notable local amenities include Peckham Rye Park and Common (0.7 miles), Dulwich Leisure Centre (1.1 miles) and Goldsmiths University (1.2 miles).

Planning History

20/AP/3821 | Demolition of existing 2 storey building fronting onto Gibbon Road and two storey storage shed at the rear of site and construction of two self-contained flats (2 x 2-bed) and a retail unit contained within a two-storey building fronting onto Gibbon Road with site access to the rear for a terrace of 5 dwellings (4 x 3-bed & 1 x 4-bed) plus parking and amenity space. | 16-18 Gibbon Road London SE15 2AS

Accommodation

UNIT SIZE (SQM) SIZE (SQFT)
1 69 742
2 69 742
3 90.80 977
4 90.80 977
5 90.80 977
6 90.80 977
7 101 1,088.24
8 (Commercial) 50 538.20
TOTAL 602.2 6,482

Plans