Russell Hill, Purley
Offers in Excess of £1,250,000
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EXCELLENT DEVELOPMENT OPPORTUNITY
SOUGHT AFTER PRIME LOCATION
CLOSE TO MAINLINE STATION
DEVELOPMENT OPPORTUNITY - CALL FOR FURTHER INFORMATION - OFFERS INVITED - SOLE AGENTS
Frost Estate Agents are delighted to offer this excellent potential development site, the client will be considering both conditional and unconditional offers for the vacant Freehold. The attractive existing building comprises a number of rooms and was previously used as a special needs care facility, there is great potential for a number of uses including a "knock down" and rebuild of a new build scheme, conversion to residential accommodation or commercial usage (all subject to planning permission).
Please note due to the nature of the client, Section 36 of the Charities Act 1993 will apply, the trustees must obtain and consider a written report from a Chartered Surveyor acting exclusively for the charitable trust of the property prior to proceeding with an offer to exchange of contracts.
Positioned on a bold plot on Russell Hill and is situated for an optimal approach to Purley Mainline train station. Purley is a popular commuter town in the Southern part of the borough with an excellent rail service, which benefits from 9 trains per hour to central London (Victoria and London Bridge) with the fastest journey time of 22 minutes. Bus services are also close at hand and with Purley town centre blended with its range of shops, amenities, Tesco supermarket, excellent local schools, open recreational spaces and golf courses.
The London Borough of Croydon is undergoing significant regeneration, this exciting time for the area is seeing investment from far and wide, Westfields, Croydon is soon to be developed, the £1.5 Billion pound scheme will transform the centre into a world class retail and leisure destination. Box Park has recently opened in Croydon following the success in Shoreditch, with its focus on small independent eateries creating a unique dining experience. This combined with South End which is known as the Restaurant Quarter provides a huge choice of food outlets, the Purley Way offers an array of superstores and shopping experiences.