73-75 Camberwell Church Street, Camberwell London, SE5 8TR

Detailed planning consent to create a part conversion and extension comprising 7 apartments & 2 commercial units

Key Information

Location

Camberwell, London, SE5

Planning Status

Detailed Planning Consent

Price

£1,650,000 - Offers Over

Description

Development Opportunity

Data Room

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Overview

A freehold building benefiting from permitted development rights to convert a portion of the existing space to create a mixed-use development comprising six apartments & two commercial units, in addition to an existing apartment with a regulated tenancy in place.

The proposed scheme includes a total residential net saleable area of approx. 3,294 sq. ft. / 306 sq. m. In addition, there is an existing approx. 750. sq. / 69.7 sq. m. apartment with a regulated tenancy.

The scheme includes a mix of Studio, 1 & 2 bedroom units (broken down as 1 x Studio, 2 x 1-bed & 3 x 2-bed).

The scheme includes the retention of two commercial units at Basement & Ground floor level, with a net internal area of approx 1,496 sq. ft / 139 sq. m + a tenanted flat at 2nd & 3rd-floor level with a separate entrance from ground level which does not form part of the planning permission.

Offers invited for the freehold interest in excess of £1,650,000, subject to contract.

If you have any questions, please get in touch with a member of our Investments Team on +44 020 3640 6420 or email [email protected]

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Investment Summary

  • A freehold building benefitting from detailed planning consent to create a part conversion & extension comprising 6-units, two commercial units & a separate regulated tenancy
  • The scheme is broken down as a number of Studio,1 & 2 bedroom units (1 x Studio, 2 x 1-bed & 3 x 2-bed)
  • The proposed scheme includes a total residential net saleable area of approx. 3,294 sq. ft. / 306 sq. m.
  • The existing building comprises of two commercial units (one let, holding over producing £12,500 PA & one vacant) at ground floor with access to storage areas at basement level
  • It is our understanding that there are CIL liabilities of approx. £11,856 and that there are no Section 106 contributions – we strongly encourage interested parties to carry out their own due diligence to confirm this
  • Located just 0.5 miles from Denmark Hill Station with trains travelling into Oxford Circus in under. 30 minutes

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