The property comprises a mid-terrace building arranged as retail on the basement and ground floor and a three-bedroom residential flat in the upper floors. The flat has a bathroom, large kitchen and living room on the first floor, with three bedrooms on the second floor. There is potential for extension into the roofspace, subject to planning permission. There is a large garden to the rear of the building.
( Agency Pilot Software ref: 32127 )
Location
The property fronts Penge Road, South Norwood. Norwood Junction Railway Station is located 0.6 miles south-west of the property, providing rail services to Epsom; East Croydon; Clapham Junction; London Victoria and London Bridge and London Overground Services to West Croydon and Highbury and Islington. Harrington Road Tram Stop is 0.6 miles south-east of the property, providing links to Beckenham Junction, East Croydon and Wimbledon. Bus routes also operate in close proximity to the property. The property lies within the administrative area of the London Borough of Bromley.
Accommodation
2,024 SQ FT (187.99 SQ M)
Terms
DEVELOPMENT POTENTIAL There is development potential at the property by way of conversion, reconfiguration and extension of the existing building, subject to planning permission.
EPC The property has an EPC Rating C.
TENURE The property is held freehold.
VAT We understand the property is not elected for VAT.
LEGAL COSTS Each party to be responsible for their own legal costs.
RATEABLE VALUE The property has a rateable value of £8,000
PRICE Offers are invited in excess of £500,000 for the freehold interest with vacant possession.
ANTI-MONEY LAUNDERING Upon agreement of Heads of Terms, a mandatory Purchaser KYC documentation request will be made.
Specification
▪ Freehold building with development potential, subject to planning permission.
▪ Large retail unit with basement and storage to the rear.
▪ Large three-bedroom residential accommodation over first and second floors.
▪ Prominent location on a busy main road.
▪ Easy access to Central London, Bromley, Croydon and Crystal Palace via bus and train links.
▪ The property extends to a Gross Internal Area of approximately 2,024 sq ft (187.99 sq m).
▪ Offers are invited in excess of £500,000, for the freehold interest with vacant possession