Development opportunity for sale freehold in the south east London suburb of Penge
Description
The site extends to approximately 0.06 of an acre (0.02 ha) and comprises a parcel of enclosed land formerly used as a car wash with a single storey canopy structure. The site was last occupied pre-Covid. Access to the land is provided via Penge Lane/Penge Green with shared access rights for the adjoining pub and neighbouring residential flats.
Planning
The site is located within Penge High Street Conservation Area and is located within Flood Zone 1. The Local Planning Authority is Bromley Borough Council. A response from Bromley Borough Council in relation to a pre-application sought for the erection of 2 no. dwellings on the land and dated August 2023 is available upon request.
Development Potential
The site has potential for a single residential dwelling development subject to obtaining the necessary planning consents. We have provided an indicative scheme highlighting a detached 1,388 sq ft two bedroom dwelling with associated parking on Page 4. Parties should undertake their own due diligence and planning enquiries for the site.
Services
We understand the land is not connected to any services. Purchasers are advised to make their own enquiries with the supply companies in respect of their specific requirements.
Title
The site is held freehold under the Title Number SGL34704. An application will be made to the Land Registry to transfer part of the title once a sale has been agreed. The site is accessed over the land outlined blue on the adjacent plan.
Tenure
Freehold with vacant possession.
Terms
Offers in excess of £75,000 are invited for the benefit of our client’s freehold interest on a subject to contract only basis.
VAT
VAT may be applicable.
Local Authority
https://www.bromley.gov.uk
Viewings
Strictly by appointment with Savills. The adjoining public house is not part of the sale and under no circumstances should any staff members be approached.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 909 | 84.45 | Available |
1st | 479 | 44.50 | Available |