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2-4A Greenford Rd 2,067 sq ft 100% Let Office Property Sutton SM1 1JY £1,500,000 (£725.69/sq ft)
Investment Highlights
- An opportunity to acquire a consented freehold development site in a well-established South London location
- Planning permission has been granted for the redevelopment of the site to provide a six-storey mixed-use scheme, of 19 private residential units
- The site is located on Greenford Road within the established and highly accessible suburb of Sutton, a popular residential and commercial centre
- The site currently comprises existing buildings of approximately 2,067 sqft (192sqm).
- The scheme benefits from no affordable housing requirement and no Gateway 2 obligations, offering a streamlined route to delivery
- The location is well connected by public transport. Numerous bus routes operate nearby, providing convenient access to surrounding areas
Executive Summary
An opportunity to acquire a consented freehold development site in a well-established South London location. The site currently comprises existing buildings of approximately 2,067 sqft (192sqm). Planning permission has been granted for the redevelopment of the site to provide a six-storey mixed-use scheme, comprising 19 private residential units together with a ground floor commercial unit.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Property Size
2,067 sq ft
Costar Property Class
C
Year Built
1910
Price
£1,500,000
Price per sq ft
£725.69
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,067 sq ft
Parking
4 Spaces (5.48 Spaces per 1,000 sq ft Leased)
Amenities
- Security System
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2-4A Greenford Rd
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