FOR SALE 114 Denmark Hill Camberwell SE5 8RX Mixed Use Development Opportunity
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FOR SALE 114 Denmark Hill Camberwell SE5 8RX Mixed Use Development Opportunity DEVELOPMENT HIGHLIGHTS • Freehold for sale. • Retail property with residential development opportunities. • Vacant possession. • Superb transport connections with Central London. • Refurbishment required. • Offers are sought in excess of £460,000 exclusive of VAT. Hartnell Taylor Cook, 7-10 Chandos Street, Cavendish Square, London W1G 9DQT. 0207 491 7323 htc.uk.com FOR SALE 114 Denmark Hill Camberwell Mixed Use Development Opportunity Location Camberwell is a district of South London, within the London Borough of Southwark. Denmark Hill is an area and road (A125) between Camberwell and Herne Hill and in close proximity to the Kings College Hospital campus. The property is located on the main road which comprises various retail parades and residential dwellings. It is well located for road transport routes into Central London within times of 20-30 minutes. Denmark Hill Station is 0.3 miles away and provides a 12 minute train journey in to Victoria Station. The immediate vicinity is predominantly residential with some mixed use properties providing commercial on ground floor. Description The premises comprise a mid-terrace Victorian building with basement, ground and two upper floors. There is a rear garden with a separate brick garage with access on to Coldharbour Lane. The upper floors are not self-contained but have bathroom and kitchen facilities and potential to be renovated to provide a 2 bedroom maisonette with rear access via the garden. The staircase would need to be re-configured to separate the basement and ground from the upper floors. The property requires substantial repair and renovation but has the development potential for numerous residences. FOR SALE 114 Denmark Hill Camberwell Mixed Use Development Opportunity Accommodation We have measured the property in accordance with the RICS Code of Measuring Practice and provide the areas and dimensions in the table below:- Accommodation M Ft Internal Width 5.7 m 18 ft 9 ins Shop Depth 8.2 m 26 ft 10 ins Ground Floor Sales 41.3 sq m 445 sq ft Basement Storage 28.1 sq m 303 sq ft First Floor 31.3 sq m 337 sq ft Second Floor 33.8 sq m 364 sq ft Total 134.6 sq m 1,449 sq ft Garden 75.4 sq m 812 sq ft Garage 30.7 sq m 330 sq ft Site Area 168.9 sq m 0.0417 ac Tenure Freehold. The extent of the ownership is edged in red on the survey extract. Terms The property is to be sold with vacant possession. Planning and Development Prospects. We understand that the property has A2 planning consent due to the previous use as a funeral directors. The upper parts resemble residential accommodation with bathroom and kitchen facilities but are currently not separate from the commercial aspect. Interested parties are advised to make their own investigations with regards to existing and prospective planning consents. FOR SALE 114 Denmark Hill Camberwell Mixed Use Development Opportunity Photographed above: Rear view of the parade from Coldharbour Lane, the garage belonging to the subject property is that with dark green door and pitched corregated sheet roof. Photographed right: Rear elevation of the subject property taken from the garden. FOR SALE 114 Denmark Hill Camberwell Mixed Use Development Opportunity Price We are seeking offers in excess of £460,000 plus VAT, subject to contract. Rates Rateable value: £13,750 UBR: 49.1p Rates payable: £6,751.25 Interested parties are advised to verify the actual rates payable with the local authority. EPC The Energy Performance Certificate will be made available on request. VAT We understand that the property is elected for VAT and it will be payable in addition to the purchase price. Legal costs Each party is to be responsible for their own legal and other costs incurred in connection with any transaction. Viewing For further information or to arrange an inspection please contact the sole selling agents, Hartnell Taylor Cook:- Jack Davies MRICS Rob Amey MRICS Direct Dial: Direct Dial: 0207 788 3827 0207 788 3813 Mobile: Mobile: 07901 853 503 07801 415 642 email: [email protected] email: [email protected] [email protected] [email protected] March 2019 SUBJECT TO CONTRACT Date of Production: 08-Nov-2018 Hartnell Taylor Cook LLP is a Limited Liability Partnership registered in England and Wales OC 313211. Hartnell Taylor Cook LLP is regulated by the RICS. Hartnell Taylor Cook LLP for themselves and for the vendor or lessor of this property, whose agent they are, give notice that: • These particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part or whole of an offer or contract; • All descriptions, dimensions, photographs, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but intending purchasers or lessees should not rely on them as statements or representations of fact and must satisfy themselves as to their correctness; • No person in the employment of Hartnell Taylor Cook LLP has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars nor enter into any contract on behalf of the vendor or lessor; • Unless otherwise stated, all prices, rents and other charges are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction; • All plant, machinery, equipment, services and fixtures and fittings referred to in these particulars were present at the date of publication. They have not been tested and we give no warranty as to their condition or operation; • No responsibility can be accepted for any expenses incurred by the intending purchasers or lessees in inspecting properties that have been sold or withdrawn; • Unless expressly stated any intended purchasers or lessees must satisfy themselves independently as to the instance or otherwise of any noxious substance .