Plot for sale
Key information
Property description & features
- Tenure: Freehold
- Investment / Development
- Shop & Uppers (sold as one or separately)
- Planning granted
- Charity Shop
- Existing 3 Bedroom Flat
- Sought After Location
- Airspace planning consent
Planning granted to extend and convert the existing upper floors creating 4 x flats
Description - Consented development opportunity for sale
Existing ground floor commercial unit (not included in sale - available by separate negotiation) with 3 bedroom flat above
Location - The property is situated within a mixed use parade on Coombe Lane at its junction with Durham Road
A wide range of bars, shops and restaurants are nearby both independant and national retailers, Waitrose, Sainsburys, Co - Op, Starbucks, Greggs, Anytime Fitness and more
Raynes Park Station is the closest being just 0.2 miles away (South Western Rail Services)
The A3 is also just 0.5 miles away offering quick access further in or out of London by road
Planning - Merton council granted planning ref: 24/P1917 for ....
Conversion of existing two storey building into a four storey building involving the erection of an upward extension of two additional storeys to create four self contained flats and associated works
S106: This is a car free development - owners / occupiers of the residential cannot apply to the local authority for parking permits.
Tenancy - The flat is let on an AST until April 2025 at a passing rent of £27,600 p/a
For those considering an offer to include the commercial unit this has been let on a 10 year lease from April 2024 (5 yr reviews) at a passing rent of £40,000 pa
Terms - Offers in excess of £750,000 are invited (not including the retail unit)
Viewings - Please do not approach staff - View by appointment - Contact sole agents - Christopher St James[use Contact Agent Button]
Property information from this agent
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Property reference 33449559. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Christopher St James - Colliers Wood.
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Broadband availability and predicted speed: obtained from Ofcom on October 16, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on October 16, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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