indicative visualisation - kingsbury · 2019. 1. 22. · joe goldsmith 020 7183 2529...
TRANSCRIPT
409 – 411 Croydon Road, Caterham, Surrey CR3 6PP
Mixed-Use Development Opportunity For Sale
Indicative Visualisation
HOME SUMMARY
SUMMARY
409 – 411 Croydon Road, Caterham, Surrey CR3 6PP
• Vacant and cleared plot of land extending to approximately 0.25 acres
• Planning permission for a 3-storey new build scheme comprising 10 apartments (7 x 2 bed & 3 x 1 bed units) totalling 8,284ft2 NSA and a commercial unit at ground floor extending to 1,600ft2 GIA
• Sought-after residential location in close proximity to both Whyteleafe South Station and Caterham Station
• Offers invited in excess of £1,400,000 freehold
DESCRIPTION & LOCATION DEVELOPMENT TERMS
DESCRIPTION
LOCATION
The property comprises a cleared plot of land extending to approximately 0.25 acres which was formerly occupied by a light industrial building (now demolished).
The property is currently vacant and access to the site is taken directly via Croydon Road.
The site occupies a prominent position on the western side of Croydon Road, directly opposite Marden Lodge primary school. The land is bounded by residential properties to the north, a tyre dealership to the south and railway lines to the west.
The property is located in the popular Surrey town of Caterham, within Tandridge District Council.
The immediate surroundings comprise a mix of both residential and commercial uses, with a number of shops and amenities available on Croydon Road. Six schools are located within a 1.5 mile radius of the site, including Marden Lodge primary school which is directly opposite the property.
Whyteleafe South Station is located approximately 0.5 miles from the site which provides direct access to Central London (London Bridge Station) in circa 36 minutes.
Caterham Station is located approximately 1 mile from the site which provide direct services into Central London (London Bridge Station) in under 45 minutes.
DESCRIPTION & LOCATIONHOME SUMMARY DEVELOPMENT TERMS
409 – 411 Croydon Road, Caterham, Surrey CR3 6PP
LOCAL SCHOOLS
1. Marden Lodge Primary School
2. St Francis Catholic Primary School
3. De Stafford Secondary School
4. Sunnydown Primary School
5. Audley Primary School
6. Hillcroft Primary School
125
34
6
WHYTELEAFE SOUTH STATION
CATERHAM STATION
WOLDINGHAM STATION
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
PLANNING & DEVELOPMENT POTENTIALPlanning permission was granted on 13th November 2017 (Ref: APP/M3645/W/17/3180308), for the erection of a 3-storey mixed-use building to provide 10 residential apartments (3 x 1 bed & 7 x 2 bed units) totalling 8,284ft2 NSA of residential floorspace alongside a B1 commercial unit at ground floor.
The proposed scheme will have 17 off-street parking spaces at surface level.
All residential units are for private sale with no requirement for affordable housing and the planning consent is not subject to any Section 106 obligations. A CIL liability of circa £33,876 applies.
Unit Floor Description GIA ft2 GIA m2
CommercialA Ground B1 Use Class 1,600 149
Residential1 First & Second Two Bedroom Four Person Duplex Apartment 904 842 First & Second Two Bedroom Four Person Duplex Apartment 926 863 First & Second Two Bedroom Four Person Duplex Apartment 926 864 First & Second Two Bedroom Four Person Duplex Apartment 827 775 Ground One Bedroom Two Person Apartment 479 456 Ground One Bedroom Two Person Apartment 431 407 Ground One Bedroom Two Person Apartment 484 458 First & Second Two Bedroom Four Person Duplex Apartment 1,090 1019 First & Second Two Bedroom Four Person Duplex Apartment 1,103 102
10 First & Second Two Bedroom Four Person Duplex Apartment 1,114 103
Sub-Total 8,284 770Grand Total 9,884 918
409 – 411 Croydon Road, Caterham, Surrey CR3 6PP
APPROVED ACCOMMODATION SCHEDULEProposed Front Elevation
Proposed Rear Elevation
TENURE
The property will be sold freehold with vacant possession on completion.
VAT
The property is elected for VAT.
TERMS
Offers are invited in excess of £1,400,000.
ADDITIONAL INFORMATION
Further information including planning and legal documents are available within our dataroom using the access code ‘Caterham’.
CONTACT
To discuss any aspect of this property or the disposal process, please contact the sole selling agents:
Joe Goldsmith
020 7183 2529
Jordan Oldfield
020 7183 2529
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury
TERMSHOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT
Kingsbury
1st Floor, 81 Alie Street, London E1 8NH
409 – 411 Croydon Road, Caterham, Surrey CR3 6PP
Indicative Visualisation