Land for sale

Location

The property is situated in an excellent location of Battersea on the corner of Latchmere Road and Abercrombie Street. The property is located opposite the Latchmere Leisure Centre and is within a short walking distance of Battersea Park. Clapham Junction Railway and Overground Station is a mile away.

The site has a Public Transport Accessibility Level (ptal) rating of 3 (moderate) with a number of bus stops and rail stations located within close proximity.

Battersea Park Road provides direct services to Victoria Station, Clapham Junction, Vauxhall and London Bridge.

Description

The site being offered currently forms part of a disused childrens nursery. Our client wishes to retain part of the site for the development of a new nursery for their own purposes.

The surplus area available to purchase will have an approximate site area of 446 sq m (0.0446 hectares) and is considered to be capable of being redeveloped, in principle, to provide 9 flats which planning has been submitted for. Floor plans and sizes in brochure atatched.

Planning:
The property has been used as a nursery with Bright Horizons since 1997. A change of use application from office to nursery school was approved on 25 February 1997.

Tenure

Freehold interest with vacant possession.

EPC

The building is to be demolished and there is no EPC Certificate.

VAT

The property is not elected for VAT.

Legal costs

Each party to be responsible for their own legal and professional costs.

Proposal

Unconditional offers are invited in excess of £2,300,000 for the freehold interest, subject to contract only.

Prospective purchasers should note that the current owner is splitting the existing site and will be making an application for a new nursery on their retained area. The owner intends to demolish the building and the proposal would be that a simultaneous or joint planning application is made for the site as one. The retention of a nursery within the existing site should enable the potential residential consent to be looked upon more favourably.

Any offers will be subject to Anti Money Laundering checks.