Residential development for sale
Property description & features
- Tenure: Freehold
- Existing single-storey commercial building (community centre).
- Full planning permission for a newly-built scheme comprising a ground floor commercial unit & 7 flats.
- Straightforward construction.
- Excellently located just off Tooting High Street & a 4 minute walk from Tooting Bec Underground Station (Northern Line - Zone 3).
- Guide Price: £1,600,000 freehold
Existing Building
The existing building is single-storey (arranged over ground floor only) and measures circa 3,000 sqft GIA. Access is provided via a courtyard which measures a further circa 1,000 sqft, and as such the plot of land has a footprint of circa 4,000 sqft. The property was last used a community centre / meeting hall, and therefore has 'F2(b)' use class.
Planning Permission
Full planning permission was granted by The London Borough of Wandsworth on 15th December 2023 for the "Demolition of existing building and erection of a three-storey building to provide 7 x residential units (4 x one bed, 2 x two bed & 1 x three bed) (Class C3) with balconies, and the use of part ground floor as a community use (Class F2(b)).
Consented Scheme
The consented scheme is of straightforward construction, with the new building of only three stories (arranged over ground, first & second floors). There is also provision for vehicular access onto the site via the existing dropped kerb.
Property information from this agent
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Energy Performance data and Internal floor area
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