£1,500,000

Land for sale

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Guide price

£1,500,000

(£374.30/sq. ft)

Land for sale

2-4 Greenford Road, Sutton, Surrey SM1

4,008 sq. ft

Local area information

Property location

Nearby amenities

  • Robin Hood Junior School 0.1 miles
  • Sutton Grammar School 0.3 miles
  • West Sutton 0.4 miles
  • Sutton (London) 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Consented development site for sale
  • Planning permission granted for a six-storey scheme comprising 19 private residential units and a ground floor commercial unit
  • No affordable housing provision and no Gateway 2 requirements
  • Site held within a project-specific spv
  • Opportunity to acquire the spv, with stamp duty on share transfer at 0.5%
  • Guide Price: £1,500,000 F/H, with the benefit of planning permission
An opportunity to acquire a consented freehold development site in a well-established South London location.

The site extends to approximately 0.092 acres and currently comprises an existing buildings of approximately 2,067 sqft (192sqm). Planning permission has been granted for the redevelopment of the site to provide a six-storey mixed-use scheme, comprising 19 private residential units together with a ground floor commercial unit.

The scheme benefits from no affordable housing requirement and no Gateway 2 obligations, offering a streamlined route to delivery. The site is held within a project-specific spv with an opportunity to acquire the spv, with stamp duty payable on the share transfer at 0.5%.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Sutton Surrey
  5. Sutton
  6. Greenford Road