For Sale

Brixton, SW2 – Freehold development opportunity with planning permission in place for a new mixed-use scheme

5-6 Waterworks Road, Brixton, SW2 1SE

Offers in excess of £6,000,000

Property Types:
Commercial, Development Opportunity, Mixed, Residential
Tenure:
Freehold

Description

  • Freehold development opportunity with planning permission in place for a new mixed-use scheme
  • Site measures 0.113 ha (0.3 acres)
  • Property is well located in the thriving Brixton area, and is just 0.8 miles from Brixton station that provides Victoria Line Underground services
  • Planning permission granted for the demolition of the existing buildings and erection of a 5-storey building with basement to provide 2,043 sq m (21,860 sq ft) GIA of B1 Office accommodation at basement, ground and first floor levels plus 20 residential units (Use Class C3) within the upper floors
  • The residential element of the scheme will comprise 20 private apartments (8 x one beds, 8 x two beds, 4 x three beds). The total residential NSA will be 1,356 sq m (14,682 sq ft) with accommodation to be sold entirely for private sale
  • Vacant possession to be offered on practical completion

Offers are invited in excess of £6,000,000 for the Freehold interest with the benefit of full planning permission. The Vendor will also consider offers on the basis that the commercial space is handed back in shell and core condition.

Subject to contract