£1,000,000
(£71.74/sq. ft)
Property for saleLand To The Rear Of, 93-105 Clarence Street, Kingston, London KT1
13,939 sq. ft
Just added
Freehold
About this property
36-space town centre car park - 16 bays have been sold off
Development potential (STP)
£100k p.a. Income potential
Lift-and-shift provisions in place
Prime Kingston town centre location
The property comprises a substantial town centre car park positioned to the rear of 93-105 Clarence Street, Kingston upon Thames, and represents a highly attractive development opportunity with immediate income potential.
The site is presently arranged as a surfaced car park comprising a total of 36 car parking spaces. 16 bays have been sold off (See highlighted yellow area). There is also 1 designated loading bay that is required by the 4 commercial tenants. All sold off car parking spaces have a lift and shift provision to allow for future redevelopment.
In its current configuration, the site provides operational parking and servicing; however, it also presents clear redevelopment potential. The land is considered suitable for a residential-led scheme, with scope for either a mewsstyle housing development or a flatted scheme, subject to planning consent.
Alternatively, the site could be operated as a managed car park or EV hub, with a redesign of the car park providing 30 spaces that could be let with income potential of up to approximately £100,000 per annum.
Offers in the region of £1,000,000 will be considered, unconditionally.
Location
The site is strategically positioned within Kingston upon Thames town centre, to the rear of Clarence Street, one of the borough’s principal commercial and retail pitches. Kingston is an established South West London centre, benefiting from a strong retail, leisure and residential catchment.
Kingston railway station is located approximately 0.4 miles to the south-west, providing regular services to London Waterloo and the wider South West London network. The principal Kingston High Street is approximately 0.2 miles from the site, offering a comprehensive mix of national retailers, independent operators, restaurants and cafés. Kingston University’s main campus is located approximately 0.5 miles away, contributing to sustained demand for residential accommodation and ancillary uses.
The surrounding area is characterised by a dense mix of retail, leisure and residential uses, reinforcing both the site’s redevelopment credentials and the strength of underlying demand for parking and housing. Kingston remains one of South West London’s most desirable and resilient property markets, making this a compelling opportunity for developers and investors alike
Planning
The site is located within Kingston Town Centre, which is designated as both an Opportunity Area and a Metropolitan Town Centre in the adopted London Plan. Opportunity Areas are identified as London’s primary source of brownfield land with capacity to accommodate significant residential-led development, supported by existing and proposed public transport infrastructure.
Local planning policy strongly supports new residential development within Kingston town centre, identified as one of the most sustainable locations in the borough. The northern part of the site forms part of a wider allocation in the adopted Area Action Plan, with the car park specifically identified as having redevelopment potential, including for residential or student accommodation uses.
The site is not listed and does not lie within a conservation area, providing flexibility in redevelopment form and scale.
In planning terms, the site is considered suitable for a residential-led scheme, with potential for either mews-style housing or a flatted development, subject to planning consent. Previous feasibility work has indicated capacity to deliver a meaningful residential quantum, supported by the site’s central location and planning designation.
The site benefits from established lift-and-shift provisions across the parking and loading areas, allowing servicing arrangements to be reprovided or reconfigured as part of any redevelopment. The layout also accommodates large vehicle access and turning, including articulated lorries, supporting construction and long-term servicing requirements.
The site is presently arranged as a surfaced car park comprising a total of 36 car parking spaces. 16 bays have been sold off (See highlighted yellow area). There is also 1 designated loading bay that is required by the 4 commercial tenants. All sold off car parking spaces have a lift and shift provision to allow for future redevelopment.
In its current configuration, the site provides operational parking and servicing; however, it also presents clear redevelopment potential. The land is considered suitable for a residential-led scheme, with scope for either a mewsstyle housing development or a flatted scheme, subject to planning consent.
Alternatively, the site could be operated as a managed car park or EV hub, with a redesign of the car park providing 30 spaces that could be let with income potential of up to approximately £100,000 per annum.
Offers in the region of £1,000,000 will be considered, unconditionally.
Location
The site is strategically positioned within Kingston upon Thames town centre, to the rear of Clarence Street, one of the borough’s principal commercial and retail pitches. Kingston is an established South West London centre, benefiting from a strong retail, leisure and residential catchment.
Kingston railway station is located approximately 0.4 miles to the south-west, providing regular services to London Waterloo and the wider South West London network. The principal Kingston High Street is approximately 0.2 miles from the site, offering a comprehensive mix of national retailers, independent operators, restaurants and cafés. Kingston University’s main campus is located approximately 0.5 miles away, contributing to sustained demand for residential accommodation and ancillary uses.
The surrounding area is characterised by a dense mix of retail, leisure and residential uses, reinforcing both the site’s redevelopment credentials and the strength of underlying demand for parking and housing. Kingston remains one of South West London’s most desirable and resilient property markets, making this a compelling opportunity for developers and investors alike
Planning
The site is located within Kingston Town Centre, which is designated as both an Opportunity Area and a Metropolitan Town Centre in the adopted London Plan. Opportunity Areas are identified as London’s primary source of brownfield land with capacity to accommodate significant residential-led development, supported by existing and proposed public transport infrastructure.
Local planning policy strongly supports new residential development within Kingston town centre, identified as one of the most sustainable locations in the borough. The northern part of the site forms part of a wider allocation in the adopted Area Action Plan, with the car park specifically identified as having redevelopment potential, including for residential or student accommodation uses.
The site is not listed and does not lie within a conservation area, providing flexibility in redevelopment form and scale.
In planning terms, the site is considered suitable for a residential-led scheme, with potential for either mews-style housing or a flatted development, subject to planning consent. Previous feasibility work has indicated capacity to deliver a meaningful residential quantum, supported by the site’s central location and planning designation.
The site benefits from established lift-and-shift provisions across the parking and loading areas, allowing servicing arrangements to be reprovided or reconfigured as part of any redevelopment. The layout also accommodates large vehicle access and turning, including articulated lorries, supporting construction and long-term servicing requirements.
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Monthly repayment
£5,002 per month
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