We are pleased to offer this freehold mixed-use property in Hither Green for sale.
The site comprises a triple fronted Victorian building fronting Wellmeadow Road measuring c.3,094 sqft internally. This main building is currently owner occupied as a creative arts school on the ground floor (planning class E) and management accommodation (planning class C3) on the first floor.
To the rear of the main building is a detached single storey commercial property (planning class E), constructed in 2010. Measuring c.1,807sqft, the rear building is currently operated as a dance studio and associated facilities. The entire property, that has been owner operated as 'The London Stage School' for nearly half a century, benefits from a large garden to the rear (between the 2 buildings) and off street/ample free parking at the front of the main building. Planning permission was recently obtained to convert the main building into 3 x spacious flats (planning class C3) through internal re-configuration . Costs for this residential conversion are significantly reduced as the layout and amenities of one of the flats its virtually complete. The property therefore presents opportunity to an investor to convert the main building into full residential to retain on a rental basis whilst retaining the existing commercial building to the rear that due to its layout would be of appeal to be leased by indoor sports operators, day nursery, creative arts studio etc.