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Granville Gardens Car Park - Gardens 0.89 Acres of Commercial Land Offered at $2,337,635 in London

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Investment Highlights

Approximately 135 car park spaces.
Within close proximity of Norbury Railway Station.

Central location in Norbury.

Executive Summary

The Council’s Freehold Interest is offered with vacant possession. We are expecting offers in excess of £1,750,000.
Three parking spaces within the site are leased to 1516 London Road LLP. The lease is for a term of 99 years at a peppercorn ground rent from 24thJune 2016 with expiration at 23rd June 2015
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Property Facts Sale Pending

Price	$2,337,635	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Tenure	Freehold	Total Lot Size	0.89 AC
No. Lots	1

Price	$2,337,635
Sale Type	Investment
Tenure	Freehold
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	0.89 AC

1 Lot Available

Lot

Price	$2,337,635	Lot Size	0.89 AC
Price Per AC	$2,626,555.80

Price	$2,337,635
Price Per AC	$2,626,555.80
Lot Size	0.89 AC

broadly level and irregular shaped site.

Description

A broadly level and irregular shaped site with access from Granville Gardens, a quiet residential cul-de-sac. The site overlooks Norbury Parkand is traversed by the culverted Norbury Brook.