Residential Development for sale

Burlington Road, New Malden, London, KT3

Offers in Excess of £5,500,000

Property Description

Key features

  • Within close proximity to New Malden, Raynes Park and Motspur Park Stations
  • Located in the London Borough of Merton
  • The subject site measures 0.19 ha / 0.46 acres

Full description

* A parade of 4 commercial buildings and associated land which would be suitable for a sizeable redevelopment subject to the usual consents.
* The site is within close proximity to New Malden, Raynes Park and Motspur Park Stations (South Western Rail) which offers services into Central London within 30 minutes.
* Located in the London Borough of Merton.
* The subject site measures 0.19 ha / 0.46 acres.
* Our client's architect has designed two schemes which would involve the demolition of the existing buildings and development of a new build scheme which would comprise either 67 or 78 apartments across 6-8 storeys and some commercial floorspace at ground floor level (further information available upon request).
* Our understanding is that the use class of the existing buildings is Class E, B8, B2, F1.
* According to the VOA, there is currently 1,496 sq m /16,111 sq ft of existing accommodation at the subject addresses.
* 249 & 253 Burlington Road are income producing and achieving a combined rent roll of £75,800 per annum, further information available upon request.
* The site is being sold subject to the benefit of the commercial leases however offers subject to vacant possession may be considered.
* Proposal - Offers in excess of £5,500,000 on an unconditional basis only subject to contract.


More information from this agent

Nearest stations

  • Motspur Park (0.3 mi)
  • Raynes Park (0.7 mi)
  • New Malden (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ESTATE OFFICE INVESTMENTS LIMITED, London

Ground Floor 1 Finchley Road, London, NW8 9TT

020 8012 6197 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Motspur Park (0.3 mi)
  • Raynes Park (0.7 mi)
  • New Malden (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ESTATE OFFICE INVESTMENTS LIMITED, London

Ground Floor 1 Finchley Road, London, NW8 9TT

020 8012 6197 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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