Ye Olde Clock Tower, 35 Whitehorse Road, CROYDON, CR0 2JG

PUB FOR SALE WITH PLANNING

OIRO £850,000

Summary

  • Prominent corner site
  • Just north of Town Centre
  • Planning for 5 x 2 bedroom flats plus extended pub
  • 239 sq m site
  • Open viewing 1 December 2020, 11.00am
  • Closing date for offers 10 December 2020
  • OIRO £850,000

Location

The large town of Croydon is situated 10 miles south of Central London and has a borough population of 384,837.

The property occupies a prominent corner site on the busy A212 at the junction with Union Road, just north of the Town Centre.

Property

The existing property is a public house over ground floor with a beer cellar in the basement, flat at first floor and an outside trading area to the rear.

Terms

We are instructed to invite unconditional offers in the region of £850,000 for the benefit of our clients freehold interest with the benefit of planning consent. ​Interested parties are advised that the property is not elected for VAT.

Open Viewing

1 December 2020, 11.00am. For further information contact Drake & Company.

Planning

Planning consent was granted on 26 April 2019 (Application Number: 19/01026/FUL) for the erection of two additional floors for residential use providing a total of five flats with two bedrooms plus the retention and extension of the existing pub on the ground floor.

The proposed development will provide the following:

Pub        2,002 sq ft      186 sq m
Flat 1       
796 sq ft        74 sq m
Flat 2        850 sq ft        79 sq m
Flat 3
        796 sq ft        74 sq m
Flat 4       
807 sq ft        75 sq m
Flat 5       
796 sq ft        74 sq m

Total      6,047 sq ft     562 sq m

Rating Assessment

We have been verbally advised by the local rating authority that the rateable value is £11,100, which is below the threshold, and rates are not payable. Interested parties are advised to verify this figure with Croydon Council on 020 8726 7000.

Energy Performance Certificate

A copy of the EPC is available on request and the property is rated ‘C74’.

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Virtual Viewing

Closing date

Our client has set a closing date for offers of 10 December 2020

For further information contact sole agents - 020 7495 7500