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Land for sale

£1,350,000

Carshalton Road, Sutton SM1

Interested in this property? Call 020 3641 4446 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

A development opportunity with full planning granted for five conversation apartments over four floors and two new townhouses. There is a provision for parking and all is within easy reach of town amenities and mainline station. Vacant possession with the current business is aimed for May 2017. Sole agents viewings strictly by appointment only

Tender

This property is being sold by Informal Tender with a closing date of 20th January 2017 Noon. All offers must be submitted in writing detailing the amount, alongside your contact details and your ability to purchase. If you are selling a property we will need your Estate Agents details. In addition we will require confirmation of funding in writing. If you are a cash purchaser we will require a bank statement from within the last thirty days, or if arranging a mortgage a copy of your agreement in principle. Failure to provide this information will result in your offer not being submitted in its best light. If any of this is unclear please contact a member of staff.

Agents Fees On Reinstruction

A prospective purchaser should note that although there is no acquisition fee payable if your offer is successful, any future sale of all seven units will be required to be marketed via Williams Harlow Ltd on a sole agency basis at rate of 2% plus VAT of the eventual sale price of each unit

Gdv - Price Recommendations

We work on a gdv of £2.635m
This is subject to build costs, building regulation approval and market condition at the time of sale
Unit 1 - 678 Square Feet £325,000 (Duplex LG and G Floor One Bed Appt)
Unit 2 - 947 Square Feet £350,000 (Duplex LG and G Floor One Bed Appt)
Unit 3 - 484 Square Feet £275,000 (First Floor Studio Appt)
Unit 4 - 516 Square Feet £285,000 (First Floor One Bed Appt)
Unit 5 - 516 Square Feet £350,000 (Two Bed Second Floor Appt)
Unit 6 - 1250 Square Feet £525,000 (Two Story Townhouse)
Unit 7 - 1250 Square Feet £525,000 (Two Story Townhouse)
Site advertising board to the side of the building if retained produces an annual income currently of £3,200 per annum

Property info

For more information about this property, please contact
Williams Harlow, SM3 on 020 3641 4446 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Williams Harlow, and do not constitute property particulars. Please contact Williams Harlow for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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