FOR SALE

Worple Road, Raynes Park SW20 8QU

Offers in excess of £1,750,000

Description

The existing property comprises a 3-storey office building fronting onto Worple Road extending to approximately 3,057 sq.ft. and a 2-storey office located to the rear of the site extending to approximately 753 sq.ft.

Location

The property is located on Worple Road, within the London Borough of Merton.

Coombe Lane is situated parallel to the property and hosts numerous restaurants, local amenities and gyms.

Raynes Park train station is situated approximately 0.3 miles from the property (3 minute walk) offering South Western services to London Waterloo in 18 minutes.

Planning & Development Potential

Prior Approval has been granted on 29th October 2021, under reference 21/P1792, for change of use and conversion of both buildings to residential providing 7 residential units (6 x studio apartments and 1 x 1 bedroom house) totalling 3,218 sq.ft. NIA.

There is potential to create additional units (STPP) with a preapplication document prepared which looks to extend and convert the front building to 8 apartments, demolish the rear building and create and additional 3 houses providing 11 residential units in total. The pre-application document can be found within our dataroom.

Tenure

The property will be sold with vacant possession upon completion.

Terms

Offers are invited in excess of £1,750,000 for the vacant freehold interest.

VAT

We understand that the property is elected for VAT.

Additional Information

Further information including approved planning documents can be found in our dataroom using the password ‘Worple’.


Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.


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  • Two vacant office buildings totalling 3,810 sq.ft. occupying a 0.12 acre site
  • Prior Approval granted for change of use to residential comprising 7 apartments totalling 3,218 sq.ft NIA
  • Potential for further redevelopment STPP with pre-application document produced to show 8 apartments and 3 houses (11 units in total)
  • Offers are invited in excess of £1,750,000 for the vacant freehold interest

To discuss this opportunity further, please contact Chris Incledon or Joe Cooper on 020 7183 2529

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