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A Vacant Front Basement Suitable for Redevelopment (subject to obtaining all necessary consents)
The property comprises a front basement space situated within a detached building arranged over basement, ground and three upper floors.
Tenure
Leasehold. The property will be sold with a new 125 year lease.
Location
The property is situated in the South East London area of New Eltham close to local shops and amenities. Transport links are provided by New Eltham rail station.
Accommodation
Basement Floor Front Basement - Approximately 400 sq ft (37 sq m)
We understand that a similar basement at 102 Southwood Road was granted planning permission for residential development.
Viewing Details
There will be no internal viewings due to lack of access (excavation required)
Addendum
For the avoidance of doubt, the basement is at the front, not the rear.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.