December 2022: Wednesday 14 December 2022 - 9:00am
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    Key features

    • Of interest to owner occupiers, investors and developers
    • Freehold building comprising a former cafe with upper parts sold off (unexpired lease approx 57 years)
    • includes workshop/office to the rear
    • Opportunity to add value with letting of commercial aspects
    • Nearby retailers include Co-op Food, Costcutter, Post Office and a number of independent shops, cafe's and restaurants

    Description

    The property comprises a three storey building arranged as a ground floor former cafe with a flat above on the first/second floors which has been sold on a long lease. The property also includes a separate workshop/office at the rear.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note the approximate areas have been sourced from the VOA and the property has not been inspected by Savills.


    Ground - 32.40 sq m (349 sq ft)

    Rear workshop/office - GIA 82.30 sq m (886 sq ft)

    Total -

    Tenancy

    Ground - Vacant Possession

    First - sold off on a lease for a term of 99 years from 29/05/1981 at a peppercorn ground rent.

    Planning

    The property may benefit from change of use/development potential, subject to necessary consents. For further enquires please contact Croydon Council Planning Authority at www.croydon.gov.uk.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located in Thornton Heath, approximately 2 miles south-east of Streatham and 7 miles south of central London. The property is located in a prominent position in an established retail parade on the east side of Green Lane, with nearby retailers including Co-op Food, Costcutter, Post Office and a number of independent shops, cafe's and restaurants.

      Transport

      Roads: London Road (A23)

      Rail: Norbury (Southern)

      Legal documents

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      EPC rating

      The EPC rating for this property is B

      Guide prices and common auction conditions

      •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.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •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.

      Addendums