162 & 164 Central Rd, Worcester Park, KT4 8HQ
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- To be offered on Wednesday 16 September
- Mid terrace property comprising of vacant 1st floor office & 2nd floor flat (2 bedroom) let
- Potential to convert the 1st floor office into a 2 bed flat via permitted development rights (class MA)
- Development potential to add an additional floor in the roof eaves & create a 1 bedroom flat (subject to the requisite consents)
- Plans have been sketched for a 2 bedroom flat at 1st floor and additional floor at roof level providing a 1 bedroom flat
- Asset management to let the vacant office and improve the passing income
- Worcester Park train station located an approx. 0.2 miles from the property
- No VAT on sale price
- 6 week completion available
- 2nd Floor flat let at £16,800 p.a.
Description
StrapLine
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA long leasehold interest of the 1st and 2nd floor of a mid terrace building; comprising of vacant office at 1st floor and a 2 bedroom flat at 2nd floor.
Development potential to convert the office at 1st floor into a dwelling and add an additional floor adding another 1 bedroom flat bringing the total amount of units to 3 x flats. (subject to the requisite consents)
The 2nd floor flat is let at £16,800 p.a.
Description
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A mid-terrace mixed-use property comprising a vacant first floor office and a self-contained two-bedroom flat at second floor level, currently let and producing £16,800 per annum.(please note the ground floor commercial unit is not included in this sale)
The property offers asset management and development opportunities, including conversion of the vacant office to residential use (2 bedroom flat), potentially under Class MA permitted development rights (subject to obtaining any necessary approvals), together with scope to create an additional one-bedroom flat within the roof space, subject to the requisite consents.
We believe the 1st floor office was previously used as residential use (incoming purchaser to do their own du diligence)
Sketch plans have been prepared for both the office conversion and proposed roof-level accommodation.
The self-contained upper floors can be both accessed at the front of the property and at the rear.
Location
The property is prominently situated on Central Road, Worcester Park's principal retail and commercial thoroughfare. The area provides a strong mix of national and independent occupiers together with established residential neighbourhoods, making it a popular commuter and suburban market in south west London.
Transport
Worcester Park railway station is approximately 0.2 miles from the property and provides regular Southern services to London Waterloo. The A3 and M25 are also readily accessible, offering convenient road connections across London and the South East.
Tenancy
2nd floor flat
- Let to a private individual
- On a periodic tenancy
- Deposit held on account £1,321
- Let at £16,800 p.a.
Accommodation
Please refer to the floor plan
162 & 164 Central Rd, Worcester Park, KT4 8HQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worcester Park Station0.1 miles
- Malden Manor Station0.8 miles
- Motspur Park Station1.1 miles
Notes
Disclaimer - Property reference 242-24783. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills Auctions, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”