Overview

Freehold development opportunity located on the Colliers Wood / Tooting Borders close to Northern Line Underground Station

The site extends to approximately 650 Sq m - Subject to planning and unconditional offers are invited

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  Full Description
  A detached property with ground floor & basement unit previously used as A1 and two floors above comprising 1 x one bedroom and 1 x two bedroom flats
  
  To the rear is a detached B8 warehouse unit of approximately 270 sq m
  
  Overall site area is approximately 650 sq m
  
  The property is subject to a short term lease expiring on 16th June 2023
  
  The passing rent is below market value at £38,500 per annum

  Location
  The property is situated along the A24 on the Wandsworth border of Colliers Wood
  
  Colliers Wood is located in the London Borough of Merton, approximately 12.8 km (8 miles) south of Central London, 2 miles east of Wimbledon and approximately 2 miles south of Balham.
  
  Colliers Wood is a densely populated south-west London suburb, popular with both City workers and families. Communications are excellent with Central London being within easy reach by London Underground (Colliers Wood, Northern Line), road (30 minutes) and over-ground rail with Tooting Railway Station 30 minutes to London Waterloo / London Kings Cross.
  
  Colliers Wood has and continues to benefit from significant regeneration, which includes a new town square being generated to complement the redevelopment of Colliers Wood Tower to residential units. The area has become synonymous with new residential and retail developments driven by its close proximity to London

  Terms
  Offers are invited on both an unconditional and subject to planning basis
  
  Guide Price £3,000,000 Freehold

  Viewing
  By appointment only
  
  Contact Sole Agents
  Chris Jones or Matt Pomeroy
  CSJ Property 020 8296 1270

  Legal Costs
  TBC

  Planning
  London Borough of Merton granted planning on part of the site for 8 x Apartments with commercial space at ground floor (Ref: 15/P4714 ) which has not been implemented
  
  It is felt a larger scheme is possible across the whole site subject to the relevant consents.
  
  Neighbouring Applications / Developments:
  
  Unit 4, Waterfall Cottages (Adjoining site): Planning was granted for demolition of existing buildings and erection of a 3 storey building providing office space at ground floor with 10 x flats above (Ref 18/P0882), This development is now close to completion
  
  Interested parties can obtain full site history by using the local authorities planning portal or by contacting
  
  Merton Council
  Civic Centre
  London Road
  Morden SM4 5DX
  
  Tel: 020 8545 3777
  planning@merton.gov.uk

  Other
  Disclaimer: CSJ, our clients and any joint agents give notice that:
  1) They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
  2) Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building, regulation or other consents and CSJ have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.