From
£1,700,000
Land for saleEast Street, Epsom KT17
Just added
Auction
About this property
Freehold development site
Planning permission to build a part 5, part 6 storey new development to comprise 31 apartments
10 x 1 and 17 x 2 and 4 x 3 bedroom flats
Site area of approximately 0.25 acres
Existing accommodation comprises two commercial buildings and a rear car park
Vacant
Strapline
Auction Sale - 02/09/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold development site with planning permission to build a part 5, part 6 storey new development to comprise 31 apartments. Site area of approximately 0.25 acres with two existing commercial buildings and a rear car park. Vacant
Description
The existing properties comprise 2 adjoining buildings consisting of a former bar and retail unit used as a music shop / academy in the past.
The former bar and music academy extend to approximately 5,618 sq ft (521 sq m) over 2 storeys.
To the rear of the property is a car park consisting of 10 car parking spaces.
Location
The property occupies a prominent position along East Street (A24), within Epsom and Ewell Borough Council.
East Street (A24) is the main road into Epsom Town Centre which is located only 0.5 miles from the property offering numerous commercial amenities.
Epsom train station is located 0.5 miles from the property providing frequent services into London Waterloo in 35 minutes.
Transport
Epsom Station - National Rail
Planning
Planning permission was granted 6th November 2024 (reference: 22/01953/ful) for the demolition of the existing buildings and construction of a part 5, part 6 storey building containing 31 residential units (10 x 1-bed, 17 x 2-bed and 4 x 3-bed) totalling 21,201ft2.
The planning consent is subject to a S106 agreement to allocate 16 of the 31 new build apartments to be provided for Affordable Rent
A cil liability of approximately £175,357.60 is also applicable. Please note that this is an indexed estimate as of November 2024 and should not be relied upon, any prospective purchasers should undertake their own analysis.
An offer from a registered provider has been received to pre purchase the finished units with further information available upon request
Auction Sale - 02/09/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold development site with planning permission to build a part 5, part 6 storey new development to comprise 31 apartments. Site area of approximately 0.25 acres with two existing commercial buildings and a rear car park. Vacant
Description
The existing properties comprise 2 adjoining buildings consisting of a former bar and retail unit used as a music shop / academy in the past.
The former bar and music academy extend to approximately 5,618 sq ft (521 sq m) over 2 storeys.
To the rear of the property is a car park consisting of 10 car parking spaces.
Location
The property occupies a prominent position along East Street (A24), within Epsom and Ewell Borough Council.
East Street (A24) is the main road into Epsom Town Centre which is located only 0.5 miles from the property offering numerous commercial amenities.
Epsom train station is located 0.5 miles from the property providing frequent services into London Waterloo in 35 minutes.
Transport
Epsom Station - National Rail
Planning
Planning permission was granted 6th November 2024 (reference: 22/01953/ful) for the demolition of the existing buildings and construction of a part 5, part 6 storey building containing 31 residential units (10 x 1-bed, 17 x 2-bed and 4 x 3-bed) totalling 21,201ft2.
The planning consent is subject to a S106 agreement to allocate 16 of the 31 new build apartments to be provided for Affordable Rent
A cil liability of approximately £175,357.60 is also applicable. Please note that this is an indexed estimate as of November 2024 and should not be relied upon, any prospective purchasers should undertake their own analysis.
An offer from a registered provider has been received to pre purchase the finished units with further information available upon request
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