302-314 New Cross Road, London
15,375 sq ft
Description
- Price Offers in excess of £3,000,000
A substantial Freehold site comprising six mixed-use buildings with significant redevelopment potential, located on a prominent corner in New Cross – one of South London’s most vibrant and evolving neighbourhoods.
A rare opportunity to acquire a vacant, underutilised Freehold in a high-demand South London location with a clear route to planning and value creation. Suitable for residential-led mixed-use redevelopment or a comprehensive refurbishment strategy.
302-314 New Cross Road consists of a parade of six, mixed use terrace properties. Previously retail and upper parts (mix of office and residential), but now fully stripped out and fully vacant, save for 314 New Cross Road, which maintains its retail use as a bookshop. The opportunity also includes a large rear site which is currently unused and could be engaged as part of any future redevelopment, subject to planning.
The property is offered with the benefit of a positive pre-application for a proposed development to provide 19 residential units over the upper
floors and newly refurbished ground floor retail space, with basement storage. The new scheme will provide 15,339 sq ft residential GIA and 2,239 sq ft. Class E NIA, Total of 17,577 sq ft.
Previously, commercial (retail) units to the ground floor with a mix of non-residential institution (Use Class D1) and residential units (Use Class C3) located above.
A rare opportunity to acquire a vacant, underutilised Freehold in a high-demand South London location with a clear route to planning and value creation. Suitable for residential-led mixed-use redevelopment or a comprehensive refurbishment strategy.
302-314 New Cross Road consists of a parade of six, mixed use terrace properties. Previously retail and upper parts (mix of office and residential), but now fully stripped out and fully vacant, save for 314 New Cross Road, which maintains its retail use as a bookshop. The opportunity also includes a large rear site which is currently unused and could be engaged as part of any future redevelopment, subject to planning.
The property is offered with the benefit of a positive pre-application for a proposed development to provide 19 residential units over the upper
floors and newly refurbished ground floor retail space, with basement storage. The new scheme will provide 15,339 sq ft residential GIA and 2,239 sq ft. Class E NIA, Total of 17,577 sq ft.
Previously, commercial (retail) units to the ground floor with a mix of non-residential institution (Use Class D1) and residential units (Use Class C3) located above.
BUILDING HIGHLIGHTS
Freehold ownership of a high-profile site with strong redevelopment potential.
Offers are invited in excess of £3,000,000 for the Freehold interest, subject to contract and exclusive of VAT.
Substantial Freehold site comprising six mixed-use buildings
The property is offered with the benefit of a positive pre-application for a proposed development to provide 19 residential units over the upper floors and newly refurbished ground floor retail space point...
Specification
302-314 New Cross Road consists of a parade of six, mixeduse terrace properties. Previously retail and upper parts (mix of office and residential), but now fully stripped out and fully vacant, save for 314 New Cross Road, which maintains its retail use as a bookshop. The opportunity also includes a large rear site which is currently unused and could be engaged as part of any future redevelopment, subject to planning.
The property is offered with the benefit of a positive pre-application for a proposed development to provide 19 residential units over the upper
floors and newly refurbished ground floor retail space, with basement storage. The new scheme will provide 15,339 sq ft residential GIA
and 2,239 sq ft. Class E NIA, Total of 17,577 sq ft.
Previously, commercial (retail) units to the ground floor with a mix of non-residential institution (Use Class D1) and residential units (Use Class C3) located above.
The property is offered with the benefit of a positive pre-application for a proposed development to provide 19 residential units over the upper
floors and newly refurbished ground floor retail space, with basement storage. The new scheme will provide 15,339 sq ft residential GIA
and 2,239 sq ft. Class E NIA, Total of 17,577 sq ft.
Previously, commercial (retail) units to the ground floor with a mix of non-residential institution (Use Class D1) and residential units (Use Class C3) located above.