Agent Ref: #PPB190004/ Agent Parmjot Bansoodeb
3 Freehold Titles for Sale in one lot!
Development Opportunity towards the rear and on top of the flat roof
This desirable site is located in North Kingston in a popular area which is walking distance to both Kingston town centre and the River Thames via Canbury Gardens. The surrounding area is predominantly residential with 15 shops along the North Kingston Parade as well as a popular pub across the road. There are 4 adjoining roads which all have the convenient benefit of 1 hour free parking.
Planning has already been granted to extend one of the ground floor apartments from a studio to a large one bedroom apartment with parking availability. However there is also the added bonus of extending to the rear and on the flat roof across all 3 buildings (STPP).
There are a total of 8 residential apartments, (7 currently let and one sold on long lease) and 3 ground floor commercial units (all sold on long leases) along with an electronic gated car park and yard to the rear of the property.
Accounts available upon request.
Please contact Parmjot Bansoodeb on 07723 465 798 for your personal tour of the site and for further information.
Mixed-Use Investment Freeholds For Sale in North Kingston
Planning permission granted for the development of the ground floor apartment into a large 1 bedroom apartment.
Combined GIA of 7767 sq ft (approx)
Car Park and Yard totalling 5503 sq ft (approx)
The entire site including car park and yard is split into 3 titles: SGL20424, SGL445088, SY185476
Gross Residential Rental Income Approx £120,000 pa (with potential to increase after renovations)
Potential to extend to the rear of the site and on the flat roof (STPP).
10 minute walk to Kingston Train Station
5 minute walk to Canbury Gardens