16 South Bank, Surbiton, Surrey Kt6 6Db

RESIDENTIAL DEVELOPMENT OPPORTUNITY Corner CGI CONTEXT FOR SALE

Indicative Visualisation 16 SOUTH BANK, SURBITON, SURREY KT6 6DB

SUMMARY DESCRIPTION

• 2-bedroom detached house occupying a site of circa 0.08 acres The existing property comprises a 2-bedroom house set across 2-storeys, positioned on a broadly rectangular site of circa 0.08 acres. • Planning permission granted for a 4-storey building comprising 5 residential units (4 x 3 bed & 1 x 2 bed), totalling 4,456ft2 NIA The property occupies a prominent corner position on the junction of • Sought after residential location approximately a 3-minute walk South Bank and Hazelwood Court, a residential street leading onto from Surbiton Station Surbiton Station.

• Offers are invited in excess of £1,000,000 for the freehold interest

LOCATION

The property is located on South Bank, within the Royal Borough of Kingston Upon Thames.

The surrounding area comprises mainly high-quality residential properties. There are a number of shops and commercial amenities located on nearby Victoria Road in Surbiton.

The nearest station is Surbiton which is circa 0.2 miles from the property providing National Rail services into London Waterloo in 16 minutes.

www.kingsbury-consultants.co.uk RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

DEVELOPMENT POTENTIAL APPROVED ACCOMMODATION SCHEDULE Planning permission was granted on 31st January 2020 (ref: 19/02167/

FUL) for the comprehensive redevelopment of the site involving the Unit Floor Description NIA ft2 NIA m2 demolition of the existing house and erection of a 4-storey building Ground & Lower 1 3 Bedroom 5 Person Apartment 926 86 comprising 5 apartments (4 x 3 bed & 1 x 2 bed units). The proposed Ground 2 scheme will create approximately 4,456ft (NIA) of residential Ground & Lower 2 3 Bedroom 5 Person Apartment 958 89 floorspace. Ground

3 First 3 Bedroom 5 Person Apartment 926 86 We understand that the proposed scheme is subject to a CIL liability of approximately £62,000. 4 Second 3 Bedroom 5 Person Apartment 926 86

TENURE 5 Third 2 Bedroom 3 Person Apartment 721 67

The property will be sold freehold with vacant possession on Total 4,456 414 completion.

TERMS CONTACT

Offers are invited in excess of £1,000,000 for the freehold interest. To discuss any aspect of this property or the disposal process, please contact the Seller’s sole agents: Joe Goldsmith – 020 7183 2529 VAT [email protected]

We understand that the property is not elected for VAT. Jordan Oldfield – 020 7183 2529 [email protected] Kingsbury ADDITIONAL INFORMATION 1st Floor, 81 Alie Street, London E1 8NH

Further information including approved planning documents can be Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and found in our dataroom using the password ‘South16’. interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.