Approx. 0.05 Ha (0.123 Acre) site with development potential (subject to consents)
Busy South-East London residential location
Excellent Transport Links to Central London
Draft Plans for 22 unit Residential Scheme available
100 metres from Nunhead Railway Station
Lot 23
Auction 13th December 2023
Rent £21,900 per Annum
Status Withdrawn Prior
Price
Sector Development
Auction Venue Live Streamed Auction
On Behalf of Network Rail
Property Information
Location
Miles
2.8 miles south-west of Canary Wharf, 3.2 miles south-east of the City of London
Roads
A20, A2214
Rail
Nunhead Railway Station (London Blackfriars in 16mins)
Air
London City Airport, London Heathrow Airport, London Gatwick Airport
Situation
Nunhead is situated in the London Borough of Southwark and neighbours Peckham and Dulwich. The property is located on the eastern side of Evelina Road (A2214), extremely well positioned adjacent to the railway and some 100 metres from Nunhead Railway Station which provides regular Thames Link and National Rail services to Central London.
Tenure
Freehold.
Location
Miles
2.8 miles south-west of Canary Wharf, 3.2 miles south-east of the City of London
Roads
A20, A2214
Rail
Nunhead Railway Station (London Blackfriars in 16mins)
Air
London City Airport, London Heathrow Airport, London Gatwick Airport
Situation
Nunhead is situated in the London Borough of Southwark and neighbours Peckham and Dulwich. The property is located on the eastern side of Evelina Road (A2214), extremely well positioned adjacent to the railway and some 100 metres from Nunhead Railway Station which provides regular Thames Link and National Rail services to Central London.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.05 Ha (.123 Acres) upon which currently sits a ground floor vehicle repair workshop and car wash facility on the hardstanding area. The site may be suitable for development subject to obtaining the necessary consents. A 22 unit residential feasibility scheme is available within the solicitors legal pack.
VAT
VAT is applicable to this lot.
Planning
The property may lend itself to alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with Southwark Council (www.moderngov.southwark.gov.uk).
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a site of approximately 0.05 Ha (.123 Acres) upon which currently sits a ground floor vehicle repair workshop and car wash facility on the hardstanding area. The site may be suitable for development subject to obtaining the necessary consents. A 22 unit residential feasibility scheme is available within the solicitors legal pack.
VAT
VAT is applicable to this lot.
Planning
The property may lend itself to alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with Southwark Council (www.moderngov.southwark.gov.uk).
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Address
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Land at 83 Evelina Road
Car Wash
Not measured
Not measured
NUN HEAD CAR WASH LTD
6 years from 24/11/2020 (1)
£19,000
Land and Part Building 83 Evelina Road
Motor Repairs
Not measured
Not measured
ALL CARS NUNHEAD LTD
Tenancy at Will from 01/08/2021 (2)
£2,900
Total
£21,900
(1) The lease provides for a Landlords option to determine the lease upon 6 months notice for re-development or purposes of undertaking. (2) The Tenancy At Will provides for a 1 month notice to terminate by either party.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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