Freehold E-Class Building with Development Potential
This property consists of a former nursery spanning the ground and first floors, with both front and rear garden space. The building measures 3,201 sq ft and falls under E-Class use.
The property was granted planning permission to convert from a C2 Children’s Home into a Day Nursery for up to 46 children. However, it has remained vacant since COVID.
With clear development potential, the property could be converted into residential dwellings, subject to the necessary planning permissions.
The vendors are inviting unconditional offers in excess of £900,000.
Location:
The property is located in South Croydon sitting between Selsdon and Addington. There are plenty of amenities nearby including Addington Road High Street which plays host to a parade of shops and supermarkets. The Whitgift and Centrale Shopping Centre are just 12 minutes’ drive which is accessible via A1212. This is one of the largest shopping centres in London which accounts for 12 million annual footfall. In addition, Bromley’s renowned shopping centre, The Glade, has over 130 retail stores and is only a 20 minute commute from the site. The A232 runs to the North of the site, which offers excellent access to M25. The A23 runs on the western side of the site which directly connects to the M23 making Brighton a one-hour commute. Heathrow Airport is a 55 minute journey via M25, while Gatwick Airport is only 33 minutes away via M23. Sanderstead Station is only an 8 minute drive away and can provide trains to London Victoria within 23 minutes making the location popular with commuters. Gravel Hill Tram Stop is only a 2 minute drive which stops at East Croydon Station. This station offers excellent connectivity to London Bridge, Milton Keynes and Brighton.
Planning Potential and History:
In 1999 the property was granted planning permission to be C2 Children's Home registered with Ofsted for up to 8 children.
In 2019 planning permission was granted for a Day Nursery which can service up to 46 children. This planning consent was subsequently implemented but the vendors stopped operating the nursery post covid.
The site has clear residential development potential and could be converted into flats or houses subject to gaining the relevant consents.