Chancel Street, London, SE1
£255.08 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
11,761 sq ft
1,093 sq m
- SECTOR
Residential development for sale
Key features
- Vacant land extending to approximately 0.27 acres
- Implemented planning permission for creation of 9 x residential apartments (4 x 1 bed & 5 x 2 bed) and commercial space
- Located within Southwark, 0.3 miles from Southwark Underground Station
- Offers invited in excess of £3,000,000 for the freehold interest
Description
The existing property comprises a vacant plot of land extending to approximately 0.27 acres.
The site was previously occupied by commercial buildings which were demolished on 15th June 2024 to facilitate future redevelopment.
Location
The property occupies a prominent position on the corner of Chancel Street and Treveris Street within Southwark.
Chancel street is located just off Blackfriars Road leading to Blackfriars Bridge.
The property is within walking distance of both Waterloo and London Bridge station and is only a 4 minute walk (0.3 miles) from Southwark Station.
Planning and Development Potential:
Planning permission was granted (reference: 21/AP/1123) for the demolition of the existing buildings and erection of a 7-storey building comprising 2,015ft² of commercial space and 9 residential apartments (4 x 1 bed & 5 x 2 bed) totalling 6,143ft².
The existing buildings were demolished on 15th June 2024 and a certificate of lawfulness issued on 17th December 2024 which confirmed that planning permission had been lawfully implemented.
The development is subject to a CIL liability of £360,050.11.
Brochures
Chancel Street, London, SE1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Southwark Station0.2 miles
- Waterloo East Station0.3 miles
- Blackfriars Station0.4 miles
Notes
Disclaimer - Property reference Chancel. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kingsbury, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.