15 bed property for sale

Chevron Apartments, 294-304 St. James's Road, Bermondsey, London SE1

Key Features

• Lot 201 for sale by auction on 25/06/2025
• To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website
• Ground Rent Investment secured upon Thirty-Four self contained Flats
• Each Flat subject to a lease for a term of 126 years from 1st January 2015 (thus having approximately 116 years unexpired)
• A Resolution to Grant Planning Permission was given in 2022 (19/ap/6395) for the erection of an additional 4-storeys, p[roviding a total of Fifteen Flats
• Proposed Scheme was arranged to provide Eight x 1 Bedroom Flats, Five x 2 Bedroom Flats and Two x 3 Bedroom Flats totalling approximately 963.59 sq m (10,372 sq ft)
• This Application was subsequently Refused by the Local Authority after the property fell into Receivership and the Receivers were unable to conclude the section 106 Agreement
• The lessees have not elected to take up their rights of pre-emption
• The freeholder has the right to manage and insure the property

• The property is situated on the west side of St James's Road, opposite its junction with Argyle Way
• Shops and amenities are available within Bermondsey and London Bridge
• South Bermondsey rail station is 0.6 miles to the north east
• The A2 is to the south
• Burgess Park is nearby