House For Sale Croydon Road, Caterham, CR3
£2,350,000
1 of 9
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Last Updated: 17th May 2024
Description
Location
The premises are located just 0.3 miles north of Caterham town centre. Caterham is an affluent town with a good mix of independent and national restaurants and retailers.
The property benefits from good road connections, with the A22 Caterham Bypass providing direct, fast access to junction 6 of the M25, just over 2 miles to the south. Croydon is positioned only 8 miles to the north and is also accessed via the A22.
Caterham Train Station is situated 0.4 miles south and offers regular, direct services to London terminals, Clapham Junction and East Croydon.
Description & Accommodation
The site currently contains a number of structures which we measured to have a gross floor plate area of 6,128 sq.ft (569.30 sq.m)
125 and 127 Croydon Road contain two main structures fronting the Croydon Road, a detached house and a semi-detached house, with the former having been sub divided into flats. Both properties are vacant and would benefit from a full refurbishment.
The rearmost section of 125 Croydon Road contains a mix of open storage land, garages and workshops. The area is accessed via a service road to the left of the detached building.
129 Croydon Road comprises a 1930s built, former semi-detached house. It is currently configured to provide office accommodation on the ground floor and a one bedroom flat on the first floor.
There is parking for three cars to the front of the property directly off the Croydon Road.
To the rear of the site is a large, open plan storage yard with four brick-built workshops in the rear yard. Dimensions of these are available upon request.
We have measured the site to have a combined total of area of circa 0.52 acres
Potential
The site offers excellent potential for residential development subject to the necessary planning consents being granted.
The subject section of the Croydon Road contains a large number of blocks of flats, most with parking to the rear. Immediately adjacent on the southern perimeter of the property is Kingswood Place, a 3-4 storey development, comprising eighteen 1- and 2-bedroom flats. To the northern side are Cypress Court and Bracken Court, which comprise two blocks, arranged over 3, 4 and 5 storeys. These are arranged to provide a central parking area with one block fronting the site and another positioned on the rear most section.
Terms
The freehold premises are available with a guide price of POA
Subject to Contract
VAT
The above guide price is quoted exclusive of VAT if applicable.
Costs
Each party are to be responsible for their own fees in relation to the transaction.
EPC
Awaiting EPC rating.
Business Rates
The Valuation Office Agency (VOA) describes 125 Croydon Road as ‘Workshop and premises’ with a 2017 rateable value of £2,150 and the VOA describes 129 Croydon Road as ‘Workshop, offices and premises’ with a 2017 rateable value of £16,000. The current UBR is 49.9 pence in the £. Further information relating to the Rateable Values can be found on the VOA Website.
Viewings
Strictly by appointment with White and Sons.
The premises are located just 0.3 miles north of Caterham town centre. Caterham is an affluent town with a good mix of independent and national restaurants and retailers.
The property benefits from good road connections, with the A22 Caterham Bypass providing direct, fast access to junction 6 of the M25, just over 2 miles to the south. Croydon is positioned only 8 miles to the north and is also accessed via the A22.
Caterham Train Station is situated 0.4 miles south and offers regular, direct services to London terminals, Clapham Junction and East Croydon.
Description & Accommodation
The site currently contains a number of structures which we measured to have a gross floor plate area of 6,128 sq.ft (569.30 sq.m)
125 and 127 Croydon Road contain two main structures fronting the Croydon Road, a detached house and a semi-detached house, with the former having been sub divided into flats. Both properties are vacant and would benefit from a full refurbishment.
The rearmost section of 125 Croydon Road contains a mix of open storage land, garages and workshops. The area is accessed via a service road to the left of the detached building.
129 Croydon Road comprises a 1930s built, former semi-detached house. It is currently configured to provide office accommodation on the ground floor and a one bedroom flat on the first floor.
There is parking for three cars to the front of the property directly off the Croydon Road.
To the rear of the site is a large, open plan storage yard with four brick-built workshops in the rear yard. Dimensions of these are available upon request.
We have measured the site to have a combined total of area of circa 0.52 acres
Potential
The site offers excellent potential for residential development subject to the necessary planning consents being granted.
The subject section of the Croydon Road contains a large number of blocks of flats, most with parking to the rear. Immediately adjacent on the southern perimeter of the property is Kingswood Place, a 3-4 storey development, comprising eighteen 1- and 2-bedroom flats. To the northern side are Cypress Court and Bracken Court, which comprise two blocks, arranged over 3, 4 and 5 storeys. These are arranged to provide a central parking area with one block fronting the site and another positioned on the rear most section.
Terms
The freehold premises are available with a guide price of POA
Subject to Contract
VAT
The above guide price is quoted exclusive of VAT if applicable.
Costs
Each party are to be responsible for their own fees in relation to the transaction.
EPC
Awaiting EPC rating.
Business Rates
The Valuation Office Agency (VOA) describes 125 Croydon Road as ‘Workshop and premises’ with a 2017 rateable value of £2,150 and the VOA describes 129 Croydon Road as ‘Workshop, offices and premises’ with a 2017 rateable value of £16,000. The current UBR is 49.9 pence in the £. Further information relating to the Rateable Values can be found on the VOA Website.
Viewings
Strictly by appointment with White and Sons.
Agent Details
White & Sons Commercial
104 High Street Dorking RH4 1AZ
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.