Location
Development opportunity in Sydenham for sale freehold.
Description
The site extends to approximately 0.19 of an acre (0.07 ha) and comprises a parcel of land currently used as a car park to the rear of the Golden Lion public house. Access to the site is from a side road just off the A212 (Sydenham Road) to the right of the pubic house.
Planning
The site is not located within a conservation area and is located within Flood Zone 1. The site has a PTAL rating of 5, indicating a very good level of accessibility to local public transport facilities and it is located within 500m of Sydenham Station. The neighbouring plot of land measuring 1.58 acres to the west boundary has been included within Lewisham’s local plan site allocation with an indicative development capacity of 125 units. The Local Planning Authority is Lewisham Council.
Development Potential
The site has potential for the erection of a part two/ three storey building comprising 9 residential apartments with associated amenities, parking and landscaping subject to obtaining the necessary planning consents. We have provided an indicative scheme to the right. 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 utility companies.
Title
The site is held freehold under the Title Number 232321 however, the land to be sold is outlined in red on the below promap with rights of way provided over the area outlined in blue. An application will be made to the Land Registry to transfer part of the title once a sale has been agreed.
Tenure
Freehold with vacant possession.
Terms
Offers in excess of £550,000 are invited for the benefit of our client’s freehold interest on a subject to contract only basis.
VAT
VAT may be applicable.
Dataroom
Access to the dataroom is available upon request.
Viewings
The site currently operates as a car park and is open to members of the public so please undertake an inspection in the first instance. The adjoining public house is not part of the sale and under no circumstances should any staff members be approached.