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Yard to the Rear of, 148 to 166 London Road/ Elm Road, Hackbridge, Sutton, SM6 7HF

Guide Price
£400,000

Business rates & charges may apply

Lambert Smith Hampton, Auctions
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SECTOR

Residential development for sale

Key features

  • Freehold Development Site
  • Approximately 0.132 Acres (0.053 Hectares)
  • Current Planning Permission For The Erection Of A Detached Two Storey Building To Provide 4x Two Bedroom Self Contained Residential Apartments

Description

RESIDENTIAL DEVELOPMENT SITE

For Sale by Public Online Auction on 19/06/2024 13:00

Location
The property is located off London Road and Elm Road. Access to the property is through Elm Road less than of a mile from Hackbridge Station (served by Thameslink and Southern). Further to Hackbridge Station the site is close by local bus stops. These transport links allow access into Central London in approximately 30 minutes.

Elm Road links to Hackbridge and London Road (B277) from the south and Longfield Avenue to the north. Nearby occupiers of Elm Road and Longfield Avenue are predominantly residential with a small number of commercial units to the south on London Road.

Description
The property comprises a predominantly level and irregular shaped cleared site approximately 0.132 acres (0.053 hectares) with vehicular access from Elm Road.

The property has approved planning permission for the erection of four self contained two bedroom residential units providing 2x two bedroom apartments at ground floor level both having private gardens and 2x two bedroom apartments at first floor level having a shared garden.

Tenure
Freehold under Title Number SGL89009.

Tenancy
The property is currently occupied under the terms of an FRI Sub Lease on a three year term from 13 May 2022 at a current rent of £12,000 per annum. This lease is due to expire on 12 May 2025.

The lease has been excluded from Sections 24 to 28 of the Landlord and Tenant Act 1954.

Planning
Planning permission has been granted on 13 January 2022 (with conditions) under Planning Reference Number DM2020/01043. The current planning permission is for the Erection of a detached two storey building to provide 4 self contained residential units, hardstanding to the front of the property fronting on to Elm Road, with cycle and refuse stores and associated amenity space".

The full planning documentation is available at the following link:

We understand The Community Infrastructure Levy (CIL) is £56,670.87.

Planning Authority
Sutton Council -

No EPC required

The property is elected for VAT

For further information please go to

Brochures

Yard to the Rear of, 148 to 166 London Road/ Elm Road, Hackbridge, Sutton, SM6 7HF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hackbridge Station0.2 miles
  • Mitcham Junction Station0.9 miles
  • Beddington Lane Tram Stop0.9 miles

Notes

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Disclaimer - Property reference 240083. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lambert Smith Hampton, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 020 3834 8766.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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