On instructions from Croydon Council, we present a great opportunity to use or develop a regular shaped site in a proven residential location just minutes’ walk from South Norwood shops and Thameslink Station…

Location

The site is conveniently located in Belgrave Road, just behind South Norwood High Street, adjacent to the Grosvenor Road bus interchange. Norwood Junction Thameslink Station (12 min to London Bridge) is less than 5 minutes’ walk.

North View

Being located close to South Norwood station the property has potential for continued car parking income.

Our investigations suggest there could be scope for residential development of a new block of up to 4-storeys or alternatively for open storage or commercial development. Interested parties should make their own planning enquiries.

Site plan

Currently used as a public car park measuring approx. 443 sq.m, the land is regular in shape and can be accessed via Grosvenor Road and Belgrave Road. Mains services connections are believed to be available.

Freehold. The electricity substation at the rear of the site is leased to South Eastern Power Networks Plc for a term of 80 years from 25 December 1963 at a peppercorn ground rent.

The site will be sold by informal tender with vacant possession. Tenders are invited for an unconditional base offer plus optional additional overage payment with trigger determined by bidders.

Guide: offers in excess of £200,000

The site will be sold by informal tender. The last time for receipt of offers will be 5pm on 30 June 2025

For any further information please contact agency@terracottaproperty.com