1 Lower Addiscombe Road Croydon London CR0 6PQ

  • 1 Lower Addiscombe Road<br>Croydon<br>London<br>CR0 6PQ

1 Lower Addiscombe Road
Croydon
London
CR0 6PQ

Freehold Development Opportunity

  • Vacant former Funeral Parlour/Workshop on ground and part first floors
  • Large separately-accessed flat on first floor and basement (circa 1,162 sq ft)
  • Includes rear yard and outbuilding
  • Development and Change of Use Opportunities (subject to consents)
  • Established commercial and residential location with excellent local shopping facilities
  • VAT not applicable
  • Lot
    14
  • Auction
    9th July 2024
  • Vacant Possession
  • Status
    Sold
  • Price
    £527,000
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Dignity Funeral Directors
Important UpdateInterested?
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Freehold Development Opportunity

  • Vacant former Funeral Parlour/Workshop on ground and part first floors
  • Large separately-accessed flat on first floor and basement (circa 1,162 sq ft)
  • Includes rear yard and outbuilding
  • Development and Change of Use Opportunities (subject to consents)
  • Established commercial and residential location with excellent local shopping facilities
  • VAT not applicable
  • Lot 14
  • Auction 9th July 2024
  • Vacant Possession
  • Status Sold
  • Price £527,000
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Dignity Funeral Directors

Property Information

Location
Miles
9 miles south of Central London
Roads
A23, A212, A222, A232, A236
Rail
West Croydon Railway Station, East Croydon Railway Station
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is prominently situated in an established commercial and residential location, on the corner of Lower Addiscombe Road (A222), at its junction with Freemason's Road, equidistant from West Croydon and East Croydon Railway Stations. Nearby occupiers include Co-operative Convenience Store, Kwik-Fit, Jewson and a mix of local retailers and restaurants.

Tenure

Freehold.

Location
Miles
9 miles south of Central London
Roads
A23, A212, A222, A232, A236
Rail
West Croydon Railway Station, East Croydon Railway Station
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is prominently situated in an established commercial and residential location, on the corner of Lower Addiscombe Road (A222), at its junction with Freemason's Road, equidistant from West Croydon and East Croydon Railway Stations. Nearby occupiers include Co-operative Convenience Store, Kwik-Fit, Jewson and a mix of local retailers and restaurants.

Tenure

Freehold.

Description

The property comprises a former funeral parlour arranged on the ground floor and a large separately-accessed three-bed flat on the first floor and basement, accessed from Freemason's Road. The property benefits from an outbuilding and yard to the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with Croydon Council. (www.croydon.gov.uk) (Phone: 020 8726 6800)

Viewings

There will be one accompanied viewing date on Tuesday 2nd July from 9am to 11am. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.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 former funeral parlour arranged on the ground floor and a large separately-accessed three-bed flat on the first floor and basement, accessed from Freemason's Road. The property benefits from an outbuilding and yard to the rear.

VAT

VAT is not applicable to this lot.

Planning

The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with Croydon Council. (www.croydon.gov.uk) (Phone: 020 8726 6800)

Viewings

There will be one accompanied viewing date on Tuesday 2nd July from 9am to 11am. If you would like to inspect, please confirm your attendance with your name and mobile number to henry.john@acuitus.co.uk

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Tenant
Ground
Part First
Basement/First
Commercial/Ancillary
Workshop
Residential - 3 bed, bathroom, kitchen, living room
70.03
20.43
108.00
(754)
(220)
(1,162)
VACANT
Total  
198.46
(2,136)
 

NB: Please note that there is a restriction on funeral use for this property - please see the legal pack for details.

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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate AuctioneersGeorge Butt 07885 373570george.butt@fishergerman.co.uk
Seller's Solicitors
Shoosmiths LLP 7th Floor, 125 Colmore Row,
Birmingham
B3 3SH
Beth McArdle +44 (0)370 086 4134beth.mcardle@shoosmiths.com  Harriet Gallot +44 (0)370 086 4134harriet.gallot@shoosmiths.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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