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Floorplan
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    Key features

    • 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

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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.

    Additional information

    Tenure

    Leasehold

    A new 999 year lease will be granted on completion at a peppercorn ground rent

    Accommodation

    Please refer to the floor plan

    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.

    Rent

    £16,800 p.a. 2nd floor flat only

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. Please note that the indictive plans do not guarantee that the development is achievable or viable. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.


    NOTICE – RENTERS' RIGHTS ACT 2025. Please take note if you wish to bid on a property with a tenancy. This Act is in force from 1 May 2026. From that date, all assured tenancies in the private rented sector will become rolling (“periodic”) tenancies and the current system of fixed term assured shorthold tenancies will no longer apply. Tenancies signed on or after 1 May 2026 will be subject to the new rules. If you are purchasing a property currently let on an assured shorthold tenancy, the tenancy may no longer operate as described in the tenancy schedule or legal pack if completion falls on or after 1 May 2026. Other changes under the Act also apply. This notice is for your information only and you should take legal advice before bidding and review Government Guidance available at: www.gov.uk/government/publications/guide-to-the-renters-rights-act

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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.

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      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 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.

      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.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •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