Lot 1 Click here for addendum
Freehold Vacant Shop & Flat with Planning for 2 Flats
6 Week Completion
Situation
Close to the junction with Hamilton Road in this shopping parade which includes Costcutter and Day Lewis Pharmacy together with a variety of independent traders, all serving this popular area.
Gipsy Hill is located between Dulwich and Crystal Palace, some 5 miles south of Central London and is well served by Gipsy Hill Rail Station (Southern) with services to London Victoria and London Bridge. The open space of Norwood Park is in close walking distance.
Property
A mid terrace property (in need of modernisation) comprising a Ground Floor Shop with separate front access to a Self-Contained Flat on the first and second floors.
Accommodation
Ground Floor Shop
Gross Frontage 18'8"
Internal Width 13'8"
Shop Depth 35'8"
Built Depth 73'0"
Area Approx. 862 sq ft
WC
First & Second Floor Flat
5 Rooms, Kitchen, Bathroom, Sep. WC
GIA Approx. 1,190 sq ft
VAT is applicable to the commercial element of this lot – Refer to Auctioneers.
FREEHOLD offered with VACANT POSSESSION
Planning
On 25th August 2022 Lambeth Council granted Planning Permission for ‘Erection of a rear mansard roof extension with two dormers and alterations to the first floor rear wing involving an increase in height of the walls and roof, together with modification to windows and creation of a first floor rear terrace, in connection with conversion of upper floors into two self-contained flats.'
The proposed floor plans illustrate the following layout:
• 1st Floor - 2 Bedrooms, Living Room, Kitchen (with doors to terrace), Shower/WC
(GIA Approx 721 sq ft)
• 2nd Floor - Bedroom / Living Room, Kitchen, Shower/WC
(GIA Approx 419 sq ft)
Click here to view the Planning Documents.
Note: There may be potential to convert the rear part of the ground floor into residential use, subject to obtaining the necessary consents.
VIRTUAL TOUR
Click here to view the virtual tour of the shop.
Click here to view the virtual tour of the flat.