64-68 Blackheath Road, Greenwich, London SE10 8DAProminent freehold development site with full planning permission View more information...

CGI of proposed development

A redundant commercial building occupies this prominent site on a major thoroughfare in one of London’s most sought-after boroughs. The freehold plot, which extends to approx. 0.25 acres, has planning permission for the construction of contemporary 5 storey building of orthodox design. The approved scheme comprises a ground floor commercial unit and 24 residential apartments (9 one bedroom, 11 two bedroom and 4 three bedroom). The Section 106 Agreement requires that 4 units are made available to qualifying purchasers at a discount of 24.58% off open market value. The units can be conveyed directly by the developer without involving a third party Registered Provider (Housing Association). In summary, a great site in a strong location with minimal commercial space, and a straightforward consent for 24 units.

DESCRIPTION

• Vacant residential-led development site• Prominent location in historic Greenwich • Full planning permission for commercial

space and 24 apartments

64-68 Blackheath Road, Greenwich, London SE10 8DA View all of our instructions here... III III

The subject property occupies a prominent corner plot on the A2 Blackheath Road at the junction with Crosslet Vale. The property is located just a few hundred yards from Deptford Bridge DLR and British Rail Stations, and approx. 0.5 miles from Greenwich Station & DLR. New Cross, Deptford, St Johns and Lewisham Stations are all within a mile of the site; offering a myriad of public transport options in and out of Central London. Greenwich’s historic town centre with its park, market, museums and theatres is less than a mile to the North.

LOCATION

E: commercial@acorn.ltd.uk

W: acorncommercial.co.uk

1 Sherman Road, Bromley, Kent BR1 3JHT: 020 8315 5454

120 Bermondsey Street, London SE1 3TXT: 020 7089 6555

Home TermsDescription Location Accommodation Schedule

III IIIView all of our instructions here...

Full planning permission has been granted by The Royal Borough of Greenwich under reference 17/3338/F for the “Demolition of existing buildings and redevelopment of the site providing 83sqm of commercial use and 24 residential units (9x1-bed, 11x2-bed, 4x3-bed)”. A full schedule of accommodation is overleaf.

PLANNING

A Section 106 Legal Agreement has been completed that requires the eventual developer to make a total payment of £80,680 towards local labour, carbon offset and other needy causes in Royal Greenwich. In addition, CIL payments of c. £25,060 and c. £50,120 are due to the Mayor of London and Royal Greenwich respectively.

PLANNING OBLIGATIONS

We understand that VAT is payable in this transaction at the prevailing rate.

VAT

The property is being sold as a development site and as such no EPC is available.

EPC

Copies of the approved plans, decision notice, S106 Agreement, various supporting documents and a schedule of anticipated sales and rental values are available upon request.

FURTHER INFORMATION

64-68 Blackheath Road, Greenwich, London SE10 8DA

Offers are invited for the vacant freehold interest with the benefit of full planning permission. A deadline for offers may be set and therefore interested parties are advised to contact our offices for further information.

TERMS

E: commercial@acorn.ltd.uk

W: acorncommercial.co.uk

1 Sherman Road, Bromley, Kent BR1 3JHT: 020 8315 5454

120 Bermondsey Street, London SE1 3TXT: 020 7089 6555

For more information contact:Jeff East or Steven Flannighan020 7089 6555

This [brochure and its content] is copyright of Acorn Limited © 2016. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited. You may not, except with our express written permission, distribute or commercially exploit the content, nor may you transmit it or store it in any form.

Acorn as our vendor’s agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, we therefore must advise that any prospective purchaser employ their own experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested.

Meet the rest of the team...

CGI of proposed development

Existing property

Home TermsDescription Location Accommodation Schedule

64-68 Blackheath Road, Greenwich, London SE10 8DA Home TermsDescription Location View all of our instructions here... III III

ACCOMMODATION SCHEDULE The planning approval provides for the following accommodation:

Unit Floor Description NIA Sqm NIA Sqft

*0.1 Ground (rear) 3 bedroom, 2 bathroom with open plan kitchen/living and private terrace 91 980

*0.2 Ground (rear) 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

*0.3 Ground (rear) 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

*0.4 Ground (rear) 2 bedroom, 2 bathroom with open plan kitchen/living and private terrace 79 850

G.1 Ground 3 bedroom, 2 bathroom with open plan kitchen/living and private terrace 91 980

G.2 Ground 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

G.3 Ground 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

G.4 Ground 2 bedroom, 1 bathroom with open plan kitchen/living and private terrace 79 850

1.1 First 3 bedroom, 2 bathroom with open plan kitchen/living and private terrace 91 980

1.2 First 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

1.3 First 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

1.4 First 2 bedroom, 1 bathroom with open plan kitchen/living and private terrace 79 850

1.5 First 2 bedroom, 1 bathroom with open plan kitchen/living 71 764

1.6 First 2 bedroom, 2 bathroom with open plan kitchen/living and private terrace 70 753

2.1 Second 3 bedroom, 2 bathroom with open plan kitchen/living and private terrace 91 980

2.2 Second 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

2.3 Second 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 53 570

2.4 Second 2 bedroom, 1 bathroom with open plan kitchen/living and private terrace 79 850

2.5 Second 2 bedroom, 1 bathroom with open plan kitchen/living 71 764

2.6 Second 2 bedroom, 2 bathroom with open plan kitchen/living and private terrace 70 753

3.1 Third 2 bedroom, 2 bathroom with open plan kitchen/living and private terrace 76 818

3.2 Third 1 bedroom, 1 bathroom with open plan kitchen/living and private terrace 54 581

3.3 Third 2 bedroom, 1 bathroom with open plan kitchen/living 71 764

3.4 Third 2 bedroom, 2 bathroom with open plan kitchen/living and private terrace 70 753

Sub Total 1,657 17,830

C1 Ground Commercial Unit 83 893

Total 1,740 18,723

Accommodation Schedule

* Units allocated for discount market sale.