Land for sale in London Road, Thornton Heath CR7

Location: The site is located on The Pond roundabout in Thornton Heath, South London. There are several bus routes servicing the area, Thornton Heath rail station is less than 5 minutes by car and West Croydon station is less than 10 minutes away by car. The site has easy access to main roads to Thornton Heath town centre, West Croydon, Purley and inner London. There has been ongoing and significant development in the immediate area.

Description: The freehold site comprises commercial units on the ground floor and a 3 bedroom flat on the first floor which are subject to tenancies.
Total rent income: £41,000 pa. Tenancy details can be provided on request.

Measurements (approximate):
Site Area: 385m² (4144 ft²)
Ground floor (car sales) 129 m² (1388 ft²)
Ground floor (rear yard)
Ground floor (office) 59 m² (635 ft²)
3 Bedroom Flat on 1st floor 127 m² (1367 ft²)

Development Potential
Positive pre-application advice has been received from Croydon Council for the demolition of the existing building and erection of a 5 storey block consisting of:
2 x commercial units, 4 x 3 bedroom flats, 4 x 2 bedroom flats, 1 x 1 bedroom flat. Further details can be provided on request.