Substantial two-storey freehold bank premises for sale with development potential.
The premises comprises a two-storey end of terrace building currently occupied by Barclays Bank and due to be vacated on 28 July 2023.
The property has an attractive façade and return frontage, rear access, small yard/parking area. The premises are currently arranged as a banking hall with ancillary ground floor accommodation and first floor offices.
Location
The property is situated on the corner of Woodcote Road and Reader's Walk in the centre of Wallington in the relatively affluent area in the Borough of Sutton. The premises are situated opposite the Wallington Square Shopping Centre with nearby occupiers including WH Smiths, Costa, Greggs, Iceland and Nationwide Building Society.
Woodcote Road is a busy thoroughfare and bus route, and the property is set back from the street via a deep pavement. The property is within easy striking distance of Wallington mainline station providing a regular service into London Bridge and Victoria Stations.
Accommodation
Ground Floor Sales - 1,442 sq ft (134.0 sq m)
Ground Floor Offices - 672 sq ft (62.5 sq m)
Ground Floor Storage - 572 sq ft (53.2 sq m)
First Floor Offices - 1,070 sq ft (99.7 sq m)
TOTAL - 3,756 sq ft (348.9 sq m)
Terms
The freehold is available to purchase.
Price - Offer are invited in excess of £1,100,000.
Service Charge - N/A
Rateable Value - The premises have an RV of £57,500. Interested parties should make their own enquiries.
EPC - The premises has an EPC rating of 44, which falls within Band B.
Specification
- Well located for Wallington station
- Attractive freehold property
- Potential to add additional massing and change of use STPP
- The property will come with vacant possession
- Return frontage & rear access
- Excellent natural light
- Suitable for a variety of occupiers
- Situated opposite Wallington Square Shopping Centre
- Car parking