13 December 2023: Wednesday 13 December 2023 - 9:00am
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    Key features

    • Planning permission approved for a commercial unit at ground floor and 7 x dwellings on 1st, 2nd and 3rd floor.
    • Proposed residential accommodation to comprise of 6 x one bed flats and 1 x three bed flat
    • Thornton Heath Station located an approx. 0.3 miles from the property
    • Existing unit approximately 200 sq. m (2,153 sq ft)
    • Vacant
    • 6 week completion available

    Description

    The property comprises of a single storey end of terrace unit which forms part of a busy and established shopping parade. commercial unit of approximately 200 sqm (2,153 sq ft).

    The property is currently vacant having previously been let as a betting shop to William Hill.


    The proposed accommodation schedule

    • Ground floor commercial ( E class) 99 sqm (1,054 sq ft) and ancillary space of 14 sqm (150 sq ft)
    • Flat 1 - 1 bed an approx. 50 sqm (538 sq ft)
    • Flat 2 - 1 bed an approx. 50 sqm (538 sq ft)
    • Flat 3 - 1 bed an approx. 39 sqm (420 sq ft)
    • Flat 4 - 1 bed an approx. 50 sqm (538 sq ft)
    • Flat 5 - 1 bed an approx. 50 sqm (538 sq ft)
    • Flat 6 - 1 bed an approx. 39 sqm (420 sq ft)
    • Flat 7 - 3 bed an approx. 88 sqm (947 sq ft)

    Total an approx. 463.86 sqm (4,993 sq ft)

    Additional information

    Tenure

    Freehold.

    Accommodation

    Approx. 200 sq. m

    Tenancy

    Vacant.

    Planning

    Croydon Council

    Planning ref: 22/04387/FUL

    Description: Demolition of existing building and redevelopment of the site to provide a four-storey building comprising commercial unit (Class E) at ground floor level with 7 flats over with associated cycle and refuse storage.

    Please click here for link


    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Joint Auctioneer

    Christopher St. James


    Chris Jones

    Tel: 020 8545 0591

    Email: chris@csj-property.com

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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 occupies a prominent corner position on the High Street at its junction with Nursery Road and is neighboured by a number of independent retailers as well as national chains.

      Surrounding areas are Croydon, Crystal Palace, Streatham & Sutton where many of the larger High Street names and stores can be found.

      Transport

      Thornton Heath (0.3 miles) - Southern Services

      Norwood Junction (0.8 miles) - Southern - Thameslink & Overground Services

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      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