Lot 52
Withdrawn Prior
Safa House
Arklow Road, New Cross, London
SE14 6EN
Located within a short walking distance of New Cross Station, two light industrial buildings extending to approximately 6,102 sq ft with planning permission to convert and extend the existing building to provide 14 apartments totalling 9,085 sq ft, and an 807 sq ft ground floor retail unit. Vacant.
Tenure
Freehold.
Location
  • The property is located on the corner of Arklow Road and Kerry Path in Deptford
  • The immediate area comprises mainly residential uses, with the nearest shops and local amenities located on Deptford High Street, a short walking distance from the site
  • Leisure facilities can be found at Folkestone Gardens and Southwark Gardens
New Cross, Deptford
Description
  • The existing property comprises a Victorian two storey light industrial building that extends to approximately 5,360 sq ft. Adjoining Safa House is a single storey former tyre shop that extends to approximately 742 sq ft
  • The property has been used as storage and therefore benefits from B8 storage use
  • The property occupies a prominent site extending to approximately 0.08 acres and is bounded by residential dwellings including Deptford Foundry, a recently completed development of 276 residential units
Accommodation
  • Total Site Area approximately 0.08 acres
Proposed Accommodation
A schedule of Proposed Accommodation can be viewed within the link opposite.
Planning
Planning permission (ref: DC/18/109174) was granted by Lewisham Council on 20th June 2019 for the conversion and part new build to provide 14 apartments and an A3 unit.
The proposed development will comprise 2 x studio, 5 x one bedroom and 7 x two bedroom apartments which will extend to approximately 9,085 sq ft GIA in total and a commercial unit which will extend to 807 sq ft GIA in total.
Note
The planning consent will be subject to a Section 106 Agreement which obligates a financial contribution of £233,989. A CIL liability of approximately £63,191.10 is applicable.
Joint Auctioneer
Paul Heale
paul.heale@kingsbury-consultants.co.uk
Kingsbury
1st Floor, 81 Alie Street, London E1 8NH
020 7183 2529
Viewing
Please refer to our website savills.co.uk/auctions

Ready to bid?

See our buyers guide to find out what to do next.

Text highlighted in orange is a change to the original publication.


  1. Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
  2. The reserve price is the minimum price at which the property can be sold.
  3. Both the guide price and reserve price may be subject to change up to and including the day of the auction.
  4. For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

Please note that all prices listed, whether prior to or post auction, are subject to contract.

The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

 
 
 

Important Auction Information & Conditions

General Enquiries

London & National Auctions
+44 (0) 20 7824 9091