Auction House London

Lot 49

Land - Land 

Ye Olde Clocktower Public House

35 Whitehorse Road, Croydon, CR0 2JG

£720,000+

Guide Price (plus fees)

A Substantial Former Public House Offered with Planning Permission for the Erection of a Four Storey Building with a Replacement Public House on the Ground Floor and Five Flats on the Upper Floors (2 x Three Bedroom and 3 x Two Bedroom).

Description

The property comprises a corner site previously occupied by a former public house measuring approximately 242 sq m (2,604 sq ft).

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Wandle Park are within easy reach. Transport links are provided by West Croydon overground and rail stations.

Planning

Croydon Borough Council granted the following planning permission subject to conditions (ref: 22/04286/FUL) on 23rd November 2023: 'Erection of a part 3, part 4 storey building with a replacement public house on the ground floor and 5 flats on the upper floors, a communal roof terrace and ancillary refuse and recycling and cycle parking facilities'.

Proposed Accommodation

Ground Floor
Public House
GIA Approx: 150 sq m (1,506 sq ft)

First Floor
Three Bedroom Flat
Two Bedroom Flat
GIA Approx: 168 sq m (1,808 sq ft)

Second Floor
Three Bedroom Flat
Two Bedroom Flat
GIA Approx: 168 sq m (1,808 sq ft)

Third Floor
Two Bedroom Flat
Communal Terrace
GIA Approx: 87 sq m (936 sq ft)

Note

The vendor advises that the CIL contribution of £59,052.00 has been paid in the form of CIL payment for the former consent (19/01026/FUL) which was not implemented. CIL demand notice and confirmation of payment can be found in the legal pack.

The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Buyers should rely on their own enquiries with regard to precise measurements and any consents or rights over the land.

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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