9 - 11 Wellesley Road, Croydon, CR0 0XD | Property for sale | Savills
61,313 sq ft(5,696.16 sq m)
Guide price £7,500,000(3,814,253 OMR)

9 - 11 Wellesley RoadCroydon, CR0 0XD

  • New
  • Sole agency
  • Freehold
Development land
61,313 sq ft (5,696.16 sq m)

Key features

  • Two adjacent blocks, arranged to provide 61,313 sqft GIA of office accommodation
  • No. 9 is arranged over basement, ground and four upper floors
  • No. 11 is arranged over basement, ground and seven upper floors
  • Freehold site of 0.376 acres (0.152 hectares)
  • Significant potential for conversion or comprehensive redevelopment
  • Located approximately 0.5 miles west of East Croydon Station
  • Located approximately 0.4 miles southeast of West Croydon Station
  • Freehold Office Buildings to be sold with vacant possession
  • Offers are invited on an unconditional basis

Office buildings with conversion / redevelopment potential to be sold with vacant possession

About this property

  • The site extends to approximately 0.376 acres (0.152 hectares) and comprises two adjacent office blocks which are currently vacant. The total GIA of the buildings provide 61,313 sqft outlined in the schedule below: No. 9 is arranged over basement, ground and 4 upper floors to provide a GIA of 25,105 sqft with an average floorplate for the upper parts of circa 4,800 sqft. No. 11 is arranged over basement ground and 7 upper floors to provide a GIA of 36,208 sqft with an average floorplate of circa 4,000 sqft. Car parking space: 16

Local information

  • The property is located in the London Borough of Croydon, an exciting and populous town located approximately 9.2 miles south of Central London. The borough is the largest London borough by population with 390,719 people (ONS,2021). It is projected to grow by 12% in the next 15 years.
  • The property is situated on Wellesley Road opposite the London South Bank University Croydon Campus. It benefits from excellent transport links, being in close proximity to both East Croydon and West Croydon stations as well as the Tram. It also benefits from being close to local amenities and well known retail and leisure brands with The Whitgift shopping centre being a short walk to the west and BOX Park 0.3 miles to the east.

Additional information

  • Following the Government’s announcement regarding amendments to Class MA of the General Permitted Development Order (2024) which removed the area threshold, there is the opportunity to seek prior approval from London Borough of Croydon or the change of use of the property. The property is not constrained by any Article 4 Directions that would inhibit the potential for change of use. According to the legislation, this could be achieved by seeking prior approval for the change of use and ensuring that any residential proposal addresses all the necessary technical requirements.
  • Our client has previously engaged with the Local Authority regarding the demolition of the existing buildings and redevelopment for alternative living uses. This includes engaging in pre-application discussions for new build residential and student housing schemes, given the proximity of the London South Bank University, Croydon Campus. The student scheme proposed redevelopment for 624 student beds including affordable student accommodation. The HTA Architects design extended to 223,000 sq ft GIA and was consistent with the Council’s aspirations for the site in terms of scale and density. A copy of the proposals and the feedback received can be obtained from the appointed agents.