October 2022: Tuesday 04 October 2022 - 9:00am
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    Key features

    • Of interest to Developers
    • Planning permission granted for a four storey, mid terraced building comprising ground floor commercial with four flats above
    • Prominent location on London Road, Croydon
    • Comprises approximately 1,721 sq ft
    • Opportunity to add value
    • Vacant

    Description

    The property comprises a cleared site with planning permission for a four storey, mid terraced building comprising ground floor commercial with four flats above.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note the site areas have been provided by the client and the property has not been inspected by Savills.


    The site comprises approximately 1,721 sq ft.

    Tenancy

    Vacant Possession.

    Planning

    Planning permission was granted in May 2017 for a four-storey mid-terrace building with ground floor commercial and 4x flats above (ref: 17/01457/FUL). The ground works have been commenced. There is also a pending application which has an adjustment to the internal floor areas but also comprises ground floor commercial and 4x flats above (ref: 22/01713/FUL).


    CIL - £60,394.28 (please see legal pack).

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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 approximately 9 miles south of Central London and located in a prominent position on the east side of London Road. Nearby occupiers include Lidl, KFC and a number of independent cafes, shops and restaurants.

      Transport

      Road - A23, A232, M25

      Rail - West Croydon (Overground, Southern)

      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