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Land For Sale £2,000,000
Upper Green East, Mitcham CR4


Description
Consented mixed use development opportunity with planning granted for 5,000 sq ft of commercial at ground floor with 20 private sale apartments above - Contributions £280k - Sole Agents

Location

Located in the centre of Mitcham surrounded by both residential & commercial properties
Local occupiers include a range of multiple and independent retailers, together with other uses including dentists and office occupiers.

Retailers nearby include Superdrug, Lloyds Bank, Boots, Farm Foods, Lidl, Iceland, Poundland and more.

Nearest Stations:
Mitcham Eastfields 0.5 miles - (Southern & Thameslink Services)
Colliers Wood Underground 1.3 miles (Northern Line Services)

Bus Routes:
51,118,127,152,264,270,355,655, N133, S1

Existing Property

The site currently comprises two separate titles

33 - 35 Upper Green East - 2 x retail units with 2 x 3 bedroom flats above and a 2 storey light industrial unit to the rear

37 - 39 Upper Green East - Double fronted retail unit with 2 x 3 bedroom flats above

Plot size: 0.248 acres

Planning

Planning was granted by the London Borough of Merton ref: 19/P2747 For.....
Demolition of existing buildings and erection of a new four storey mixed use building comprising commercial units at ground floor level (Use class A1, A2, A3, A5, B1 or D1.) and 20 self-contained flats above with associated landscaping, bin and bicycle store

S106 & Cil Contributions

This is a car free development, owners, tenants and any future residents are not able to apply to the local authority for parking permits

S106 Financial contribution: £94,371
cil Contribution: £184,400

Gdv

Gdv Estimated in the region of £8,000,000

Terms

Offers in excess of £2,000,000 Freehold
The site is being sold with the benefit of vacant possession

Viewings

Contact Sole Selling Agents

Christopher St James

Follow the link for more information:
        
zoopla.co.uk

  
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