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Residential Development for sale

209-210 Grange Road, Southwark, London SE1

Removed £1,600,000

Property Description

Key features

  • For sale by auction
  • Vacant Freehold Building

Full description

Tenure: Freehold

Lot 105 - This lot is for sale by auction as lot 105 on 15th December 2016.

A Freehold Five Storey Corner Office Building

- Extending to Approximately 354.28 sq m (3,814 sq ft)
- Currently arranged to provide Office Accommodation
- Possible Potential for Conversion to Residential under Permitted Development Rights
- Fashionable Central London Location
- Additional Possible Potential for Residential Development to the Rear of the Site


The property is located at the junction of Grange Road and Grigg's Place, close to the junction of Grange Road with Tower Bridge Road, less than 1 mile south of Tower Bridge and the City of London. Local amenities are available and the further facilities around both London Bridge and Borough are accessible. London Bridge Rail and Underground Station (Jubilee and Northern Lines) is within walking distance. Nearby Tower Bridge Road provides access to the City of London.

The property comprises a corner building arranged over basement, ground and three upper floors. The building is internally arranged to provide office accommodation and was last occupied by a firm of solicitors. The property is understood to be clean and watertight and may afford potential for conversion to provide self-contained flats under permitted development rights. The rear of the site may also afford possible potential for residential development, subject to all necessary consents being obtained.

The property was not internally inspected by Allsop. The following information was obtained from a previous survey. We are informed that the property provides

Local Planning Authority Southwark Council. Tel 0207 525 2000. The property may afford potential for residential conversion under permitted development rights. There is further potential for residential development to the rear of the site, subject to obtaining all necessary consents. NB. Please note the property sits outside Southwark's Article 4 exclusion zone.

To View
The property will be open for viewing every Tuesday and Thursday before the Auction between 11.30 a.m. - 12.00 p.m. These are open viewing times with no need to register. (Ref LM).

Seller's Solicitor
Messrs Shoosmiths (Ref Catherine Williams).Tel 01908 488300.Email

Vacant Possession

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Map & Street View

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*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.”

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 Allsop , Auction on 0207 494 3686.

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