GODSTONE ROAD - 8,994 sq ft - Levy Real Estate
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GODSTONE ROAD Purley, CR8 2AN Freehold educational property on a 1 acre site. 8,994 sq ft 13,914 sq. ft. GIA 1
Executive Summary • The site comprises an educational premise totalling 1,292 Sq. M. / 13,914 Sq. Ft. GIA with the wider site totalling 0.97 acres / 0.39 hectares. • Lawful use as a school under Use Class F.1 of the new Use Class Order 2020 • Situated in the London Borough of Croydon and 0.5 miles from Purley Town Centre • Freehold with vacant possession • Opportunity to convert property to alternative uses subject to obtaining necessary planning consent. • Unconditional offers are invited in excess £3,100,000 (Three Million, One Hundred Thousand Pounds) for the freehold interest, reflecting a capital value of £222.00 per sq. ft. 2 59 Godstone Road, Croydon 3
Local Area 59 Godstone Road is located 0.5 miles (12 minute walk) from the town centre of Purley, a prosperous district in South London, SHIRLEY CROYDON situated close to Croydon and within easy commute of London. BEDDINGTON The property is situated on the north-eastern side of Godstone LLOYD PARK WAYDON ADDINGTON GOLF COURSE Road at the junction with St James Road. The surrounding area is primarily residential, although there are two churches ADDINGTON next to the site. To the south-east lie flats, with the remainder SOUTH of the properties along Godstone Road being semi-detached or BEDDINGTON PURLEY WAY PLAYING FIELDS terraced properties. SELSDON WOOD Purley and its surrounds is known for its notable educational SELSDON offerings, both private and state, from pre-prep to senior schools, WOODCOTE language schools and colleges. PURLEY SELSDON WOODS The town centre has developed over the years to offer a vibrant 59 GODSTONE PURLEY DOWNS ROAD GOLF CLUB mix of high street retailers, cafés and restaurants as well as WOODCOTE independent stores and designer boutiques. GOLF CLUB FARLEIGH GOLF CLUB KENLEY HAMSEY GREEN Outside space is in abundance with Riddlesdown Common, Purley Beeches, Kenley Common, Farthing Downs and Oaks Park RIDDLESDOWN all within walking proximity of the property. Connectivity Situated off the A23, the property provides direct access to Purley Town Centre and onwards to London. Purley Mainline Station provides train links to East Croydon in 7 minutes, London Bridge within 30 minutes and London Victoria in 40 minutes. The M25 and M23 are less than 6 miles away for easy access to Gatwick and Heathrow Airports. 4 59 Godstone Road, Croydon 5
Description 59 Godstone Road is a Victorian red brick faced structure of late 1800s build and has been the home of Oakwood School since 1996. The building comprises 13,914 Sq. Ft. GIA over basement, ground, first and attic floors and sits on an acre of grounds which provide a mixture of outdoor school sports facilities, playground areas and car parking/ school drop off. The property has been modernised over the years to suit the needs of a modern prep school but retains its original Victorian features with high ceilings and large sash windows on all four elevations. A double height multipurpose hall with 6.85m ceiling height is housed within the property with internal and external access at ground floor level. Between 2009 and 2015, the property was extended at roof level to provide additional classrooms, and at the rear to provide a larger staff room and new music room. Accommodation Floor Area Sq. M Area Sq Ft No of Rooms Basement 18.7 201 1 Ground 674 7,255 20 First 445 4,790 20 Attic 155 1,668 2 Total 1,292.7 13,914 43 6 59 Godstone Road, Croydon 7
Further Information Development Potential Freehold Title Due to the cellular layout of the property and the presence of later extensions, there is significant scope for a The property is held under freehold title SGL573071 reconfiguration of the interiors and formal conversions of the loft to enhance the usable floor space. VAT The local listing of the property will create resistance to extensive demolition and any proposals to refurbish The property is not elected for VAT or enhance the property will need to consider the external envelope of the building and retain the legibility Freehold Title of the facades. The property will be sold with full vacant possession. The relatively low site density of the existing building creates potential new structures within the curtilage of Proposal the site without overbearing effects, loss of light, or mutual overlooking with adjoining properties with the property suitably distanced from neighbouring residential to minimise risk of negative impact. For sale via informal tender. Unconditional offers are invited for the benefit of the freehold interest with vacant possession. Contact Planning For further information, or to arrange a viewing please contact sole agents Levy Real Estate: The property has an established educational use and has been occupied by Oakwood School since 1996. To view this property via video tour, click here. Previous use was predominantly educational or community use since it is construction. Commercial: Residential: James Elliott Kit Haig Oakwood School are relocating within the London Borough of Croydon to expand the capacity of the school, e: james.elliott@levyrealestate.co.uk e: kit.haig@levyrealestate.co.uk thereby intensifying their educational use within the borough meaning there will be no net loss of educational t: 020 7747 0143 t: 020 7747 0111 space if the site were to be developed to alternative uses. m: 07840 111 493 m: 07854 963 145 Harry Cormack The building is locally listed and is not in a conservation area but through prior planning consent, has e: harry.cormack@levyrealestate.co.uk undergone a number of extensions over the years. t: 020 7747 0144 m: 07815 463 822 Whilst Croydon is currently exceeding its own current 5 year housing target, the pressure for additional housing delivery on smaller sites remains a priority, notably so with the new London Plan in march 2021. The borough MISREPRESENTATION ACT 1967 - Levy Real Estate LLP for themselves and for the Vendors or lessors of this property whose agents they are given notice that: All description, dimensions, reference to condition and necessary permissions for use and occupation and other details are given without is one of the most pro-active advocates of high quality housing in small sites of increased density. responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Any services mentioned have not been tested and therefore prospective occupiers should satisfy themselves as to their operation. These particulars are produced in good faith and set out a general guide only and do not constitute part of any offer or contract. No person in the employment of Levy Real Estate LLP has any authority to make or give representation or warranty in relation to this property. All prices and rents are quoted exclusive of VAT unless otherwise stated. February 2021 8 59 Godstone Road, Croydon 9
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