Land at Surrey Square, London, SE17 2JY - Property Search - Savills

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Development Opportunity For Sale Freehold Site with consent for 9 private residential units Land at Surrey Square, London, SE17 2JY

CGI of consented scheme © Copyright Earle Architects Ltd 2013

 A site extending to approximately 0.12 acres in London Borough of Southwark.  The site has planning permission for the erection of a part 4, part 5-storey building comprising 9 private residential units.  The consented scheme has a Gross Internal Area of approximately 775 sq m (8,342 sq ft)  For sale freehold

Sean Cooper +44 (0) 20 7409 9948 [email protected]

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Simon Welch +44 (0) 20 7016 3764 [email protected]

Ed de Jonge +44 (0) 20 7016 3849 [email protected]

Location / Description  The site is located close to Surrey Square, approximately 400m west of Old Kent Road and just south of East Street. The site is situated on the western edge of Surrey Square Primary School grounds and fronts the meeting point of Sedan Way and Alvey Street. Whilst the surrounding area is predominately residential in character, a diverse retail offering can be found along Old Kent Road to the east. The area is witnessing significant regeneration with the London & Quadrant led Albany Place scheme underway. The next phase, Harvard Gardens, is to the immediate north west of the site.  The land falls under the jurisdiction of the London Borough of Southwark. It does not sit within a Conservation Area and there are no listed buildings in the immediate vicinity. The closest station is Elephant & Castle Underground Station (Northern, and Barkerloo lines). Several bus routes pass along Old Kent Road to the east. A site plan/location plan for the site is shown below.

Planning  The site is to be sold with the benefit of a planning permission, granted on 2nd September 2013 (ref: 13/AP/0921), for: "Erection of a part 4, part 5-storey building comprising 9 self-contained flats (Use Class C3)"  An accommodation schedule of the consented scheme is provided below.

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 The flats all provide 2 bedrooms with open plan living areas and outside amenity space.  The planning permission is subject to an estimated Mayoral CIL liability of £27,144.

CGIs of consented scheme © Copyright Earle Architects Ltd 2013

VAT  The property is not elected for VAT.

Method of Sale  The site will be sold by way of informal tender (unless sold prior).

Tenure  For sale freehold with vacant possession.

Viewings  The site can be viewed externally from Alvey Street.

Further Information  Further information is available by contacting the selling agents and at www.savills.co.uk/surreysquare

Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.. 2. Any areas, measurements or distances are approximate. The text, images and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise..

March 2014 SC513040

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