Ossory Road, Southwark SE1 5AG
Price on application
London: 0207 998 1980
DEVELOPMENT OPPORTUNITY - LAND FOR SALE Amazing opportunity to purchase a highly desirable piece of land in the heart of Old Kent Road.
DEVELOPMENT OPPORTUNITY - LAND FOR
Amazing opportunity to purchase a highly desirable piece of land just off of Old Kent Road. This piece of land has the potential to be developed in to a vast array of lucrative possibilities due to the location and the size of the property. The land boasts an exceptional total space of approximately 2,900 m2.
This is a great area for development as there are advance plans to extend the Bakerloo Line with three tube stations to be built on Old Kent Road as part of the extension, including one at Bricklayers Arms. This will substantially improve the area as extending the Bakerloo line will unlock an additional 12,000 new homes on Old Kent Road and enable the homes to be delivered much more quickly. The extension will deliver more than 25,000 new homes across Southwark and Lewisham.
Further to this, major plan is in place to regenerate the whole of Old Kent Road. The regeneration will allow Old Kent Road to become a major central London destination, somewhere that people will come to live, work and enjoy their leisure time. The key to this will be the creation of a proper town centre for Old Kent Road. The plans include creating three new parks - one on Mandela Way, one at the Old Gasworks and one that traces the path of the old Surrey Canal. Create new green links and spaces between these parks, to make it easier, healthier and more pleasant for people to travel through Old Kent Road. there are also plans to add eight hectares of new green space to the area - more than 11 football pitches.
Mandela Way will combine distribution and residential land uses at a scale not seen before in the capital.Transforming the area into an integral part of central London new homes around a new park at the centre of the site (Mandela Way Park). There are also palns to remove the gyratory road system to create a place that's much easier and much more attractive to walk around and cycle
This is the perfect opportunity to develop this land to a variety of different ventures as there is a great demand in this area as an up and coming central London Hub.
Total Land Space - 2502.45 m2 (approx.)
Large Building - 1552.22 m2 (approx.)
Side Building - 178 m2 (approx.)
Tenure: Commercial Land for sale