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Freehold Development Opportunity - Planning approval for an additional 8 flats

Shannon Court, 1 Tavistock Road, Croydon, Surrey CR0 2AL | SOLD

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The property is within a highly regarded residential area of Croydon and is well located for central Croydon and local transport links.

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The opportunity consists of the freehold interest of a purpose built block of twelve flats with planning approval for the construction of two additional floors and a lift to service all floors.
Planning approval has been obtained under Croydon Council Application No. 09/01815/P for the erection of an additional 8 one bedroom flats. A copy of the planning approval and plans can be forwarded on request.
The existing twelve flats have been sold off on 165 year leases at a peppercorn ground rent.

Planning Application No. 09/01815/P

Business Rates

£300,000 Freehold

Legal Fees
Each party to meet it's own legal costs.

Castle Wildish   01932 225514
Surrey House, Pleasant Place, Hersham, Walton on Thames, Surrey KT12 4HR

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Castle Wildish for themselves and for the vendors of this property whose agents they are, give notice that (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; (ii) no person in the employment of Messrs Castle Wildish has any authority to make or give any representation or warranty whatever in relation to this property. Any rent or price stated in these details is exclusive of VAT where applicable.