On instructions from Croydon Council, we present a substantial residential development opportunity in a prime location in the heart of Norbury, SW16, a popular South London suburb with great transport connections and local amenities

Lying to the east of the main A23 London Road in Norbury, the site is accessed via the B273 Green Lane. Numerous bus routes pass along London Road which is well served by local shops and restaurants. Norbury Station is two minutes’ walk to the south. Norbury Park is adjacent.

Legal constraints

NB there is a wayleave beneath the car park for a cable serving the substation and currently a lease of 3 car spaces.

Potential

The site is considered to have potential, subject to planning, for residential development. A new 3-storey block at the southern end of the car park was completed about 3 years ago on a more constrained site behind the former police station.

However we believe the car park site offers potential for a taller and denser development as evidenced by the planning note in the data room. Prospective buyers should however make their own enquiries.

Access the data room

Granville Gardens Car Park Download Brochure PDF

A broadly level and irregular shaped site of approx. 0.36 ha / 0.89 acres with access from Granville Gardens, a quiet residential cul-de-sac. The site overlooks Norbury Park and is traversed by the culverted Norbury Brook.

Currently it is used as a public pay and display car park and is fenced but not gated. In the south west corner is an electricity substation and to the east is a pedestrian gate onto London Road.

Method of Sale

The Council’s freehold interest is offered with vacant possession.

We are expecting offers in excess of £1.75m