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21-23, Pound Place, Eltham, London
£4,500,000
21-23, Pound Place, Eltham, London
£4,500,000
Our Summary
- The site was granted planning permission by Greenwich Council committee on 19th March 2024 (reference 20/2639/F) for the construction of a five storey building comprising 450sqm ground floor commercial uses (Use class E) and 36 residential units (Class C3) above with associated landscaping works, cycle parking and disabled car parking
- Development site with planning permission for sale
Description
This 0.4-acre site in Eltham's High Street is surrounded by local amenities and transport links, and has been vacant for years after previously housing a supermarket/retailer. Despite being granted planning permission in 2024 for a five-storey building with commercial and residential uses, the vendor and planners have agreed to amend the permission to better suit the ground floor as residential, resulting in a new consent for 41 private flats and one commercial unit. The site will be sold with the benefit of this new planning consent, making it an attractive opportunity for regional developers, house builders, and Build to Rent operators.