Garage for sale
Property description & features
- Tenure: Freehold
- Price - £550,000
- Size - 4,090 sqft
- Tenure - Freehold
- Borough - Croydon
- Planning - 20/05051/FUL
- VAT Applicable - No
The site measures a total of 0.089 acres in size and comprises a workshop building and an associated yard. The workshop measures 380 sqm which is split over two floors and was formerly used as a car repairs centre. The property is accessed via an undercroft passage directly off South End with the benefit of a vehicular right of way.
In November 2020 planning was granted for the demolition of the existing buildings and the erection of 3 x town houses. (Planning reference: 20/05051/FUL) The scheme proposes a new build terrace of 3 x four-bedroom houses over the ground, first and second floors. Each of the proposed houses benefits from an allocated parking space. The CIL (Community Infrastructure Levy) liability for the development is £0. Planning has since lapsed but has been resubmitted.
Low capital value of just £140/sqft. This property will suit local developers as well as local businesses alike.
ACCOMMODATION SCHEDULE
FLOORSIZE (SQM)SIZE (SQFT)Ground Floor2492,680First Floor1311,410TOTAL3804,090
PROPOSED ACCOMMODATION SCHEDULE
UNITSIZE (SQM)SIZE (SQFT)Unit 11131,216Unit 21131,216Unit 31131,216TOTAL3393,648
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