Commercial Properties For Sale in Zone 3, London
Paid partnerships can play a role in listing order
The space is divided into two areas on the ground floor of new residential blocks, both being approximately square, benefiting from good ceiling heights, large windows and all the modern services, including gas, fitted to service play points. The units are in shell and core condition and ready to be fitted out to suit the owners' requirements. The property is situated in Clyde Vale parallel to Dartmouth Road, close to the increasingly fashionable centre of Forest Hill and just 250m from Forest Hill station (London Overground and Southern rail) from which London Bridge is 16 minutes travel time.
**Freehold Apartment Block For Sale** The freehold interest of a newly built apartment block with 5 separate 1,2 & 3 bedroom apartments is available for sale. Held in a SPV, the property can be purchased VP or with a management lease in place giving an underwritten rent roll for 3 years.
The site is spread over approx 1.248 acres. Currently the site consists of 48 lock-up garages, open-storage land and two industrial units. The industrial units are leased to a car repair & service business and have an approximate gross internal area of 10,786sq.ft. (1,002.07sq.m) combined (not to include any of the lock up garages included within their lease). A small number of the lock-up garages have been combined and are let temporarily to a carpenter, referred to as "The Old Carpenter's Workshop" & small yard. The site is under utilised at present, as predominantly vacant due to a focus having been made to securing the residential planning permission - now obtained. The site has the benefit of planning permission for 27 townhouses and 14 apartments (Planning Ref: 244156FUL). It is believed that the CIL payment will be circa £137,019, a S106 payment will also be due. Interested parties are invited to make their own enquiries to the CIL & S106 payments. It is also understood that the site need not allow for social housing (variation 252373VAR), again prospective purchasers are invited to make their own enquiries in this regard to confirm. Small side note to the planning, trees T22 & T23 have been removed. In summary, the site is well suited to the residential development that has now been secured, or the potential redevelopment as industrial units / open storage (Subject to planning). Alternatively the site could be modernised and let as currently...








