FREEHOLD COMMERCIAL BUILDING WITH PLANNING FOR NEW BUILD SCHEME OF 2 HOUSES, 8 FLATS, OFFICES AND RETAIL

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1 FREEHOLD COMMERCIAL BUILDING WITH PLANNING FOR NEW BUILD SCHEME OF 2 HOUSES, 8 FLATS, OFFICES AND RETAIL APPROX SITE AREA OF SITE: 595 SQM / 6,404 SQFT /.0595 H CGI OF PROPSED SCHEME THE COLLEEN BAWN 196 SOUTHWARK PARK ROAD LONDON SE16 3RP

2 LOCATION: DESCRIPTION: The site is in Bermondsey in the London Borough of Southwark, and is located on a busy retail parade on the southeast corner of the junction of Southwark Park Road (A2206) and St James Road. Other retailers nearby include Tesco, Co-op, Boots and Iceland. Bermondsey tube station (Jubilee Line) and Bermondsey overground station are located approximately 400m to the north and 600m to the south east of the property respectively. Both stations are one stop away from London Bridge station. Formerly a public house built circa 1960s, this detached existing building comprises basement, ground and part first floor and is currently used as solicitor s offices. The building itself covers approximately half of the site area. There is vehicular access onto the property from Southwark Park Road and St James Road to a parking area at the rear for 5 cars. The proposal seeks to provide a part 3, part 5 storey mixed use building comprising 2 houses and 8 flats, totalling 1,098 sqm (11,815 sq ft) NSA, along with 3 retail units totalling 375 sq m (4,035 sq ft) and 205 sq m (2,206 sq ft ) of office space. SQ FT SQ M SIZE OF EXISTING Basement 1, BUILDING: Ground 1, First 1, Total 4, NIA Approximate site area of the site: 595 sq m /6,404 sq ft/.0595 h. The schedule of accommodation for the proposed scheme is listed below TENURE: PRICE: COSTS: Freehold with vacant possession on completion. Offers invited. We are advised that VAT is not charged on the price. No S106 payment. CIL to be paid of 220,000. Business Rates payable for the current tax year are 19,762. Both parties are to pay their own legal costs. PLANNING: Full planning permission was granted on under planning reference number 15/AP/4723 for; demolition of existing 2- storey office building and erection of a part 5, part 3-storey mixed use building comprising of 375 sq m retail floor space in three separate units (Class A1), 205 sq m of office floor space (Class B1(a)

3 and 10 residential units comprised of 2no. 3xbed dwelling houses, 5 no. 3xbed duplex flats, 2no. 2xbed flats and 1no. 1xbed flat INFORMATION: VIEWINGS: Copies of the planning drawings, title plan, EPC and further information are available upon request. Viewings can be arranged via the owner's sole agents. KALMARs Commercial Contact: Don Walsh Tel: donaldw@kalmars.com SCHEDULE OF ACCOMMODATION UNIT SQ M SQ FT HOUSE A 170 1,829 HOUSE B 165 1,776 DUPLEX A 118 1,270 DUPLEX B 111 1,194 DUPLEX C 104 1,119 DUPLEX D 103 1,108 DUPLEX E FLAT A 101 1,087 FLAT B FLAT C OFFICE 205 2,206 RETAIL ,324 RETAIL ,065 RETAIL ,646 TOTAL 1,678 18,057 CGI OF PROPOSED DEVELOPMENT + Freehold for 10 Units at 350 ground rent per annum

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