Parking/garage for sale in 86A South End, Croydon, London CR0

An opportunity to purchase a former mot Garage with planning permission in the heart Croydon.

The site measures a total of 0.089 acres in size and comprises a workshop building and an associated yard. The workshop measures 380 sqm which is split over two floors and was formerly used as a car repairs centre. The property is accessed via an undercroft passage directly off South End with the benefit of a vehicular right of way.

In November 2020 planning was granted for the demolition of the existing buildings and the erection of 3 x town houses. (Planning reference: 20/05051/ful) The scheme proposes a new build terrace of 3 x four-bedroom houses over the ground, first and second floors. Each of the proposed houses benefits from an allocated parking space. The cil (Community Infrastructure Levy) liability for the development is £0. Planning has since lapsed but has been resubmitted.

Low capital value of just £140/sqft. This property will suit local developers as well as local businesses alike.

Accommodation schedule

Floorsize (sqm)size (sqft)Ground Floor2492,680First Floor1311,410TOTAL3804,090

Proposed accommodation schedule

Unitsize (sqm)size (sqft)Unit 11131,216Unit 21131,216Unit 31131,216TOTAL3393,648