Commercial property
Investment for sale Residential / Alternative Use Development Opportunity - Mayow Road, London

Summary

• In the popular residential area of Forest Hill, Lewisham
• Situated 0.6 miles from Forest Hill train station (zone 3) - 20 minutes to London Bridge train / underground station
• Corner, rectangular shaped site of approximately 0.80 acres (0.32 hectares) with dual road access
• The former school provides a total GIA of 9,537 sq ft (885.9 sqm)
• The site offers the potential for conversion / extension to residential accommodation with a potential massing GIA of circa 62,186 sq ft (5,777 sq m) or alternative uses, subject to planning
• Potential to utilise Vacant Building Credit to offset CIL and 106 contributions
• Our client is seeking unconditional offers in excess of £4,000,000 (four million pounds) for its freehold interest with vacant possession, subject to contract