Freehold Building with Residential Redevelopment Potential
Approximately 354.28 sq m (3,814 sq ft)
Current use a ground floor office and self-contained residential upper floors
Active management potential
Fashionable Central London location less than 1 mile south of Tower Bridge and the City of London
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 4
Auction 7th July 2016
Vacant Possession
Status Sold
Price £1,350,000
Sector Development
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Receivers Colliers
Property Information
Location
Miles
Less than 1 mile south of the City of London, 4 miles south-east of the West End
Roads
A2 (Old Kent Road), A3, A100 (Tower Bridge Road), A201 (New Kent Road)
Rail
London Bridge Station (Zone 1), Borough Underground Station (Zone 1), Bermondsey Underground Station (Zone 2)
Air
London City Airport, London Heathrow Airport, London Gatwick Airport
Situation
The property is located on the north side of Grange Road at its junction with Grigg's Place and close to its junction with Tower Bridge Road, less than 1 mile south of Tower Bridge and the City of London. The local area has seen significant development and improvement in recent years with the development of the Shard at London Bridge and Southwark Council's current £3bn regeneration programme in Elephant & Castle (Source www.southwark.gov.uk).
Tenure
Freehold.
Location
Miles
Less than 1 mile south of the City of London, 4 miles south-east of the West End
Roads
A2 (Old Kent Road), A3, A100 (Tower Bridge Road), A201 (New Kent Road)
Rail
London Bridge Station (Zone 1), Borough Underground Station (Zone 1), Bermondsey Underground Station (Zone 2)
Air
London City Airport, London Heathrow Airport, London Gatwick Airport
Situation
The property is located on the north side of Grange Road at its junction with Grigg's Place and close to its junction with Tower Bridge Road, less than 1 mile south of Tower Bridge and the City of London. The local area has seen significant development and improvement in recent years with the development of the Shard at London Bridge and Southwark Council's current £3bn regeneration programme in Elephant & Castle (Source www.southwark.gov.uk).
Tenure
Freehold.
Description
The property comprises office accommodation on the ground floor with ancillary accommodation on the first floor and a large self-contained residential maisonette on the second and third floors. The property benefits from a rear yard accessed from Grigg’s Place. The property may be suitable for residential redevelopment (subject to consents).
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site.
Please contact Alec Linfield. Telephone: +44 (0)20 7034 4860. Email: alec.linfield@acuitus.co.uk.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises office accommodation on the ground floor with ancillary accommodation on the first floor and a large self-contained residential maisonette on the second and third floors. The property benefits from a rear yard accessed from Grigg’s Place. The property may be suitable for residential redevelopment (subject to consents).
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site.
Please contact Alec Linfield. Telephone: +44 (0)20 7034 4860. Email: alec.linfield@acuitus.co.uk.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
