21-23, Pound Place, Eltham, London

A 0.4 acre site in the heart of Eltham, neighbouring the High Street and surrounded by local amenities and transport links. The site is currently comprised of a four storey building, which most recently was occupied by a supermarket/retailer, however has been vacant in recent years.

The site was granted planning permission by Greenwich Council committee on 19th March 2024 (reference 20/2639/F) for the construction of a five storey building comprising 450sqm ground floor commercial uses (Use class E) and 36 residential units (Class C3) above with associated landscaping works, cycle parking and disabled car parking.

The S106 is in the process of being signed. Following feedback, the vendor and planners agree with the ground floor largely better suited to residential, resulting in a S73 application in process to amend the permission to overall provide 41 private flats and one commercial unit (ground floor 4 commercial units, changed into 5 flats and 1 commercial unit). The site will be sold with the benefit of this new planning consent.

The site will be of interest to regional developers, house builders and Build to Rent operators.