Rear of 444 Streatham High Road, Streatham, London SW16 3PX

Consented development site with planning granted for new build mews scheme comprising 4 x flats. The commercial units to front are also available to be purchased.

Description - Freehold development opportunity For Sale

The property comprises a two storey storage and office building which forms part of the retail units on Streatham High Road (these shops are for sale separately or as one lot).

Location - The property is situated within a mews location to the rear of Streatham High Road (A23), and benefits from excellent local communications. Streatham station is within a short walk and offers services to London Bridge, East Croydon and Thameslink destinations, while multiple bus routes serve the immediate vicinity

Proposed Accommodation - The proposed new build scheme at the rear
Flat A: 3 bed / 4 person — 1,039 sq ft (96.50 sq m).
Flat B: 1 bed / 1 person — 469 sq ft (43.60 sq m).
Flat C: 1 bed / 1 person — 463 sq ft (43.00 sq m).
Flat D: 3 bed / 4 person — 830 sq ft (77.10 sq m)
Total approved residential area: 3,590 sq ft (333.50 sq m).

Income - Ground rent income: TBC

ERV of commercial units £50,000 per annum

S106 & Cil - This is a car-free development: purchasers and tenants will not be eligible for on-street resident parking permits within the local CPZ, save for qualifying disabled badge holders.
Care and Cycle hire memberships to be provided for 3 years

We are informed no CIL is payable

Dataroom - Plans and further information available in the dataroom on our website
Access code: 4444

Terms - The property is being offered as one lot or split and the individual guide prices are listed below

Development plot only for 4 flats £600,000
Retail space only £500,000
Whole freehold £1,050,000

Viewings - Viewing available on request, Contact Christopher St James