Recovery House & Yard, London Road, Hackbridge

£8,000,000

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Overview

Industrial site for sale with potential - Plot extends to approximately 1.74 acres

Located adjacent to Hackbridge BR Station - Allocated for development by the local authority

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    Full Description
    Freehold industrial site extending to approximately 1.74 acres comprising a mix of income producing office, industrial units, workshops and hard standing storage / yard areas

    The site is allocated for a mixed used development and the majority freeholders commissioned a planning team to submit a pre application which was completed in 2016

    Following feedback received various changes were made and a detailed application was submitted in 2018 for commercial space and 258 dwellings, this was subsequently withdrawn.

    We recently presented the whole site to the market and offers were received, a collective decision was not reached, and we now offer part which should be of interest to investors , owner occupiers and developers

    Location
    The site is situated on the Eastern side of the A237 London Road adjacent to Hackbridge Rail Station offering services to London Victoria in under 30 minutes

    Hackbridge is a leafy suburb in the London Borough of Sutton and offers the best of both worlds with quick and easy access to Central London and other local towns such as Wimbledon, Sutton and Croydon and also listed as one of the greenest boroughs with 89 parks and green spaces, the nearest being Beddington Park boasting 143 acres just a 0.3 miles away

    Terms
    Guide Price £8,000,000

    Unconditional offers only are being sought

    Viewing
    Whilst some of the land is accessible to the public it is still an active industrial site and interested parties should contact Christopher St James 020 8545 0591 to pre book time slots

    VAT
    Applicable on part of the site - Please refer to tenant / rent schedule

    Legal Costs
    Each party are responsible for their own legal expenses

    Planning
    Application submitted and withdrawn - Sutton Council Ref: DM2018/00160
    Demolition of all buildings and redevelopment to provide 258 dwellings, comprising 88 1-bedroom, 132 2-bedroom, 33 3-bedroom and 5 4-bedroom units and 392sqm of flexible commercial floor space comprising A1, B1 and D1 uses and associated car parking (120 spaces), open space, public realm and landscaping accessed from London Road.

    Other
    Disclaimer: Christopher St James, 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 Christopher St James have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

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