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Yard to the Rear of, 148 to 166 London Road/ Elm Road, Hackbridge, Sutton, SM6 7HF
Guide Price* : £400,000 plus
RESIDENTIAL DEVELOPMENT SITE
- Freehold Development Site
- Approximately 0.132 Acres (0.053 Hectares)
- Current Planning Permission For The Erection Of A Detached Two Storey Building To Provide 4x Two Bedroom Self Contained Residential Apartments
- Approximately 448 Sq M (4,822 Sq Ft) GIA (When Built)
Description
The property comprises a predominantly level and irregular shaped cleared site approximately 0.132 acres (0.053 hectares) with vehicular access from Elm Road.
The property has approved planning permission for the erection of four self contained two bedroom residential units providing 2x two bedroom apartments at ground floor level both having private gardens and 2x two bedroom apartments at first floor level having a shared garden.
Location
The property is located off London Road and Elm Road. Access to the property is through Elm Road less than ¼ of a mile from Hackbridge Station (served by Thameslink and Southern). Further to Hackbridge Station the site is close by local bus stops. These transport links allow access into Central London in approximately 30 minutes.
Elm Road links to Hackbridge and London Road (B277) from the south and Longfield Avenue to the north. Nearby occupiers of Elm Road and Longfield Avenue are predominantly residential with a small number of commercial units to the south on London Road.
Tenure
Freehold under Title Number SGL89009.
Planning
Planning permission has been granted on 13 January 2022 (with conditions) under Planning Reference Number DM2020/01043. The current planning permission is for the “Erection of a detached two storey building to provide 4 self contained residential units, hardstanding to the front of the property fronting on to Elm Road, with cycle and refuse stores and associated amenity space”.
The full planning documentation is available at the following link: https://planningregister.sutton.gov.uk/online-applications/caseDetails.do?action=dispatch&keyVal=QDEXSXKCL5U00&caseType=Application
We understand The Community Infrastructure Levy (CIL) is £56,670.87.
Tenancy
The property is currently occupied under the terms of an FRI Sub Lease on a three year term from 13 May 2022 at a current rent of £12,000 per annum. This lease is due to expire on 12 May 2025.
The lease has been excluded from Sections 24 to 28 of the Landlord and Tenant Act 1954.
Planning Authority
Sutton Council - www.sutton.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
The property is elected for VAT
Energy Performance Certificate
No EPC required
Accommodation
| Address | Accommodation | Sq M | Sq Ft |
|---|---|---|---|
| Ground Floor | Flat 1 | 75.00 | 807 |
| Ground Floor | Flat 2 | 75.00 | 807 |
| First Floor | Flat 3 | 70.00 | 753 |
| First Floor | Flat 4 | 70.00 | 753 |
| Sub Total GIA of Living Accommodation | 290.00 | 3,122 | |
| GIA of Whole inc Amenity Space | 448.00 | 4,822 |
Contact
Vendor's solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Office Contact
Vendors Solicitor
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton January 2025
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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