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Granville Gardens Car Park - Gardens 0.89 Acres of Commercial Land Offered at £1,750,000 in London

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Investment Highlights

Approximately 135 car park spaces.
Within close proximity of Norbury Railway Station.

Central location in Norbury.

Executive Summary

The Council’s Freehold Interest is offered with vacant possession. We are expecting offers in excess of £1,750,000.
Three parking spaces within the site are leased to 1516 London Road LLP. The lease is for a term of 99 years at a peppercorn ground rent from 24thJune 2016 with expiration at 23rd June 2015
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Property Facts Sale Pending

Price	£1,750,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Tenure	Freehold	Total Plot Size	0.89 ac
No. Plots	1

Price	£1,750,000
Sale Type	Investment
Tenure	Freehold
No. Plots	1
Property Type	Land
Property Subtype	Commercial
Total Plot Size	0.89 ac

1 Plot Available

Plot

Price	£1,750,000	Total Plot Size	0.89 ac
Price Per ac	£1,966,292.13

Price	£1,750,000
Price Per ac	£1,966,292.13
Total Plot Size	0.89 ac

broadly level and irregular shaped site.

Description

A broadly level and irregular shaped site with access from Granville Gardens, a quiet residential cul-de-sac. The site overlooks Norbury Parkand is traversed by the culverted Norbury Brook.