Savills | Wandle House, 10 Riverside Drive, Mitcham | Property for sale
Guide price £2,800,000

Wandle House, 10 Riverside DriveMitcham

  • Joint Sole Agent
Development land

Key features

  • Total existing floor space = 16,926 sq ft
  • Part Grade II listed and has planning permission for 3 x one bedroom flats
  • £150.65 Capital value Psf on Guide Price
  • There is live pre-app for 53 co-living units (please refer to legal pack)
  • Immediate asset management opportunities in its current format.
  • 8 week completion available

A mixed use property with asset management and development potential

About this property

  • Two existing buildings with 24 car parking spaces situated an approx. 0.44 acres The property comprises of a 1960's office building over 4 floors measuring approximately 14,448 sq ft. A glazed stair case links the office building to the Grade II listed premises approximately 2,886 sq ft. The top floor of the Grade II listed building is used as single residential dwelling with the other floors being vacant office space.

Local information

  • The property is located on the southern side of Riverside Drive accessed via the London Road.
  • Local amenities can be found close by on London Road.
  • Mitcham Tram Stop is located an approx. 0.2 miles from the site
  • Transport
  • Mitcham Tram - Tram services to Wimbledon and Croydon

Additional information

  • Merton Council
  • Planning Ref: 18/P4017
  • Description: Removal of the Existing link between the listed building and the office building. Works to the listed building only. Conversation of the ground floor and first floor levels from the office to residential use to provide 2 x One Bedrooms self contained flats with storage rooms at the lower level, addition of an external staircase to the Eastern Elevation of the Listed building and surrounding re-landscaping works.
  • Permitted development was refused on April 2021
  • Planning Ref: 20/P1495
  • Description: Application to determine whether prior approval is required for the conversion of an office B1 to residential C3
  • The main reason for refusal was due to the site forming part of the curtilage of the Grade II listed building and does not benefit from PD rights. The council have recommended a full application being submitted.
  • A pre application has been submitted and is currently live for 53 co-living units. The submission document can be viewed in the legal pack.