Mawbey Street, Nine Elms, London SW8

£2,000,000

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Overview

!! INVESTMENT / DEVELOPMENT / RESIDENTIAL / NURSERIES / OFFICES / OTHER USES !!
An existing public house with potential for alternative uses inc redevelopment subject to the relevant consents

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    Description
    Existing public house with residential accommodation above and side and rear gardens

    Plot extends to approximately 460 Sq m.

    Planning was granted in May 2022 for extension and conversion of the existing building to create a 1,392 sqm special needs establishment (Use class F1)

    This planning was not implemented and our clients are seeking to dispose of the asset

    Be advised the parcel of land to the west of the property which formed part of the planning application is not included in the sale

    Location
    The property is situated within a residential location within easy reach of shops, bars and restaurants

    Nearest Stations:
    Nine Elms (Northern Line Underground) 0.2miles
    Stockwell (Northern & Victoria Line Underground) 0.5 miles

    Planning History
    Lambeth Council granted permission on 30th May 2022 ref: 20/01665/FUL for...

    Redevelopment and change of use from Public House (Use Class A4) to School (Use Class D1), including partial demolition to rear of existing building, new rear and side extensions and internal alterations.

    Use Class
    We understand the current use class to be Sui Generis as the recent planning to change the use has not yet been implemented

    Interested parties should clarify with the local planning authority

    Terms
    Guide Price £2,000,000 Freehold

    We are instructed to seek unconditional offers only at this stage

    Subject to planning offers are not being considered

    VAT
    We understand the property is NOT elected for VAT

    Viewing
    Contact Sole Agents
    Christopher St James 020 8545 0591

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