former west norwood fire station 445 Norwood Road, London se27 9DG

residential development site for sale

former west norwood fire station 445 Norwood Road, London se27 9DG • Planning permission approved for 22 flats plus D1 use • Refurbishment of front building to provide a day nursery and 12 flats above • New build block for additional 10 flats • Only 2 affordable units • 0.3 miles from Tulse Hill and West Norwood Train Stations

description An opportunity to acquire a mixed use freehold development site with detailed planning permission to provide 22 flats and a D1 day nursery. The planning consent provides for the refurbishment of the former fire station to provide 12 flats (9 x 1 bed flats and 3 x 2 maisonettes) with a day nursery on the ground floor. The consent also provides for a further 10 new build flats (8 x 2 beds and 2 x 3 beds) in the land at the rear. Only 2 flats within the development need to be made available for affordable housing. The site is located between Brixton to the North, Dulwich to the East, Crystal Palace to the South and Streatham to the West. Extensive regeneration has taken place in West Norwood and Tulse Hill transforming the area into a desirable place to live. The anticipated GDV for the completed development is in the region of £9,377,300. The imposing presence and history of the existing building within the site will enable a landmark development to be created which will assist in achieving premium resale values. We have firm interest from day nursery operators wanting to acquire the ground floor either to purchase or rent. Further information on this and report on residential values by our New Homes Division is available upon request.

Existing building

CGI of proposed development

acorncommercial.co.uk

020 7089 6555

former west norwood fire station

445 Norwood Road, London se27 9DG location

Planning

The site is located on Norwood Road (A215) opposite the junction with Ullswater Road and to the North of Lancaster Avenue. Norwood Road leads down to Crystal Palace to the South onto the South Circular (A205) to the North via the centre of Tulse Hill. The South Circular connects Dulwich and Streatham and provides access into Brixton Hill (A23) or Tulse Hill (A204) to access the centre of Brixton.

Planning permission was granted by the London Borough of Lambeth on 31st March 2015 under planning reference ‘14/04865/FUL’ and ‘14/04866/B’ (listed building consent) for:

The site benefits from good public transport links. Tulse Hill Station is approximately 0.2 miles to the North and provides a service into both London Bridge (17 minutes) and Blackfriars (15 minutes). West Norwood Station is approximately 0.4 mile to the South providing a service into London Victoria (23 minutes) as well as London Bridge.

‘Change of use of the existing fire station (Use Class Sui Generis) at ground floor for nursery (Use Class D1) with residential (Use Class C3) upper floors (12 units); the construction of four storey building to the rear for residential (Use Class C3) (10 units); associated communal amenity space, provision of refuse and recycling stores, landscaping and alterations to the front highway.’

CIL and S106 payments Lambeth local CIL - £30,935.00 or £21,825.00 (subject to relief claim approved). London Mayoral CIL - £21,654.50 or £15,277.50 (subject to relief claim approved). S106 - £27,770.96. Car Club - £2,097.00 plus VAT.

Further information Available upon request is the following information: • Consented plans • Measured site survey • Existing plans • CGI’s of proposed development • Planning permission and S106 • Planning committee report • Details of car club scheme • Further photographs of the site • Sale and valuation report by our New Homes Division • All other associated reports connected with the planning application

acorncommercial.co.uk

020 7089 6555

former west norwood fire station

445 Norwood Road, London se27 9DG accommodation & Resale schedule -

PROVIDED BY ACORN’S NEW HOMES DIVISION

acorncommercial.co.uk

020 7089 6555

former west norwood fire station

445 Norwood Road, London se27 9DG Guide Price

Guide - £3,950,000 for the vacant freehold interest with benefit of planning permission. As previously referred to, we have firm interest from day nursery operators wanting to acquire the ground floor either to purchase or rent. Further information on this can be provided upon request.

VAT We understand that VAT is not chargeable on the sale price.

Viewings The site can be viewed from the roadside without prior appointment. Any internal inspections of the building or land to the rear are by prior appointment only. No casual callers please. A series of block viewings will be taking place. Please contact our London Bridge office on 020 7089 6555 for details.

CGI of proposed development

Existing building

acorncommercial.co.uk

020 7089 6555

Photograph of rear site

London Bridge Office 116-118 Bermondsey St, London Bridge SE1 3TX 020 7089 6555

CGI of proposed rear block

Bromley Office 1 Sherman Road, Bromley, Kent BR1 3JH 020 8315 5454

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