Key Information
Location
Camberwell, London, SE5
Planning Status
Detailed Planning Consent
Price
£1,650,000 - Offers Over
Description
Development Opportunity
Contact
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]
View brochureInvestment 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