Freehold Building in Prominent Location For Sale

Croydon Road, Caterham CR3

£500,000

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Description

An opportunity to purchase a freehold building in a well-connected location.

The existing property is a single storey building which is currently used as a meeting hall for religious gatherings. The property is accessed via Succombs Hill but sits on a corner, which joins both Croydon Road and Succombs Hill. The entire site size is approximately 0.17 acres including parking and land area for leisure use and the property measures approximately 665 square feet.

The property has no recent planning history and we understand it sits within Flood Zone 3. However, we believe there is potential for an extension of the existing building, alternative commercial uses or a mixed-use/residential scheme. We encourage any interested parties to conduct their own due diligence on the feasibility of the redevelopment of the site.

This opportunity is likely to be of interest to religious organisations, a wide range of commercial businesses and developers alike.

Vacant possession will be provided and unconditional offers are encouraged in excess of £500,000.

Location

300 Croydon Road, Caterham CR3 6QH

The property is located in Caterham which is a highly desirable residential location for commuters and families. Only 5 minutes’ drive from the property, on the other side of Succomb’s Hill, there is a range of shops, restaurants and local amenities available.

The property is very close to the M25 and Junction 6. The property is also just off the Caterham Bypass/A22 which provides drivers access through Surrey towards East Grinstead and East Sussex.

It is only 8 minutes’ walk from Whyteleafe South Station which provides trains directly to London Bridge every 20 minutes which makes this leafy suburb a great location for commuters and families alike.

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