Westminster Bridge Road, London, SE1

Dexters are delighted to introduce for sale this iconic Grade II Listed landmark building located on Westminster Bridge Road within close proximity to London Waterloo station.

The property benefits from full planning permission for the change of use from the existing office space (Use Class E) to residential dwellings (Use Class C3) creating seven luxury private residential apartments (4nos. one-bedroom apartments and 3nos. two-bedroom apartments).

Constructed 1902, Westminster Bridge House was used as the former offices and first-class entrance to the London Necropolis Railway, providing access to the London Necropolis Railway Station commonly known as "Cemetery Station".

The station closed in 1941, and the building was subsequently purchased by Transmarine Shipping Agencies Limited and used as their London Head Offices until 1987 when the property was acquired by Picasso Investment Corporation.

Planning

Planning Application Reference 23/02976/FUL was GRANTED on the 9th of August 2024 by the London Borough of Lambeth for the change of use of existing office space (Use Class E) to seven residential dwellings (Use Class C3) and the erection of a two-storey extension to rear plus associated alterations.

The application is subject to a Section 106 Agreement and a Community Infrastructure Levy (CIL) of £457,156.97 indexed.

In conjunction the Listed Building Application, Planning Application Reference: 23/02977/LB was also GRANTED by the London Borough of Lambeth on the 9th of August 2024.

All levies and charges associated with Planning Applications 23/02976/FUL and 23/02977/LB are the 'purchasers' responsibility.

Location

Centrally located within 90 metres of Lambeth North underground station and within 430 metres of London Waterloo Station.

The Palace of Westminster, the meeting place of the Parliament of the United Kingdom commonly known as the Houses of Parliament is located with 725 metres.

Whilst Westminster Abbey, formally titled the Collegiate Church of Saint Peter at Westminster is within 950 metres and the Imperial War Museum is within 375 metres.

St James Park is located with 1.16 Kilometres providing 57-acres of open parkland. The park is Grade I listed on the Register of Historic Parks and Gardens and park is bounded by Buckingham Palace to the west, The Mall to the north, Horse Guards to the east, and Birdcage Walk to the south.

Tenure - Freehold (HM Land Registry Title Numbers TGL97213 and SGL158838)

Energy Performance Certificate (EPC) Energy Rating D

Business Rates - Current rateable value (1 April 2023 to present) £115.000