Residential Development Potential

Lot 25 Residential Development Potential 6 Week Completion Situation Located close to the junction with Oakleigh Way in this well established retail parade, adjacent to Iceland and amongst such multiple traders as Betfred, Costa Coffee, Boots, Subway and Post Office as well as a Marks & Spencer Food Hall at the Tolworth Tower complex. Tolworth Station is only 0.4 miles from the property and offers direct services to London Waterloo in under 35 minutes. Tolworth lies just off the A3 approx. 3 miles south of Kingston-upon-Thames and 1½ miles south-east of Surbiton, with easy access to the M25 (Junction 10). Property A substantial mid terraced building (ex-Woolworths) comprising 2 Large Ground Floor Shops , one of which has internal access to Ancillary/Store on the entire first floor. In addition, there is separate front access to a Self-Contained Flat on the entire second floor. The property includes a rear hard standing area and a covered area for loading accessed from Burwood Close. VAT is NOT applicable to this Lot FREEHOLD NOTE: The property offers potential for the following: Converting the first floor to 2 Self-Contained Flats under Permitted Development Rights. Subject to obtaining possession of Shop No. 24 and the necessary consents, there is potential to demolish the existing rear extension and create a new build development of at least 6 Self-Contained Flats fronting Burwood Close. This would be a larger development to the one under construction a few doors away to the rear of No. 10. 2 Shops reduced in size from their existing layout.