Guide price
£600,000
Land for saleGodman Road, London SE15
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Vacant previous mot test centre
Adjoining land
Huge development opportunity - *subject to the relevant planning permission.
No onward chain
Ideal for investment or development buyers
Summary
**vacant lot with adjoining land - huge development opportunity**
The property briefly comprises of an entrance hall, generous spaces throughout & land which offers huge development potential *subject to the relevant planning permission.
Description
**open house - Saturday 9th between 10AM - 12PM / please call to book your viewing slot**
Barnard Marcus are delighted to bring to market this fantastic opportunity to acquire a vacant mot test center which also has an ajoining piece of land in the heart of Peckham.
The property briefly comprises of an entrance hall, generous spaces throughout & land which offers huge development potential *subject to the relevant planning permission.
Situated in a high-growth regeneration zone, this property offers exceptional potential for capital appreciation and a robust rental market. Investors will benefit from excellent connectivity via major rail links and bus routes, ensuring swift commutes to central business hubs. The surrounding area features vibrant retail districts, 'Outstanding' rated schools, and expansive green spaces, all of which drive high tenant demand. Positioned within a pocket of significant infrastructure investment, the site is an ideal candidate for refurbishment or residential conversion to maximise Gross Development Value.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Ground Floor
Garage 19' 3" x 8' 5" ( 5.87m x 2.57m )
Garage 17' 10" x 11' 7" ( 5.44m x 3.53m )
Office 12' 10" x 11' 10" ( 3.91m x 3.61m )
Workshop 16' x 11' 10" ( 4.88m x 3.61m )
Storage 17' 9" x 5' 11" ( 5.41m x 1.80m )
First Floor
Storage/Bedroom 15' 6" x 11' 10" ( 4.72m x 3.61m )
Kitchen 15' 7" x 9' 1" ( 4.75m x 2.77m )
Bathroom
Storage Room 13' 2" x 11' 11" ( 4.01m x 3.63m )
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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