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2-4 Greenford Road, Sutton, Surrey

Guide Price
£1,500,000

£374.25 per sq ft

Business rates & charges may apply

Acorn Commercial, Acorn Commercial
SIZE AVAILABLE

4,008 sq ft

372 sq m

SECTOR

Residential development for sale

Key features

  • Consented development site for sale
  • Planning permission granted for a six-storey scheme comprising 19 private residential units and a ground floor commercial unit
  • No affordable housing provision and no Gateway 2 requirements
  • Site held within a project-specific SPV
  • Opportunity to acquire the SPV, with stamp duty on share transfer at 0.5%
  • Guide Price: £1,500,000 F/H, with the benefit of planning permission

Description

An opportunity to acquire a consented freehold development site in a well-established South London location.

The site extends to approximately 0.092 acres and currently comprises an existing buildings of approximately 2,067 sqft (192sqm). Planning permission has been granted for the redevelopment of the site to provide a six-storey mixed-use scheme, comprising 19 private residential units together with a ground floor commercial unit.

The scheme benefits from no affordable housing requirement and no Gateway 2 obligations, offering a streamlined route to delivery. The site is held within a project-specific SPV with an opportunity to acquire the SPV, with stamp duty payable on the share transfer at 0.5%.

Brochures

2-4 Greenford Road, Sutton, Surrey

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Sutton Station0.4 miles
  • Sutton (Surrey) Station0.5 miles
  • Sutton Common Station0.6 miles

About Acorn Commercial, Acorn Commercial

9 St. Marks Road, Bromley, BR2 9HG

Notes

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