Former Tooting Police Station

This site is being released by MOPAC via informal tender through their agent, Knight Frank. This listing is to notify interested parties that the sites are available and to direct them to the Knight Frank portal.

• The site is well located close to the amenities of Tooting Broadway
• The property comprises two connected buildings - the former Police Station and Section House
• The former Police Station was constructed in 1939 with Section House added shortly afterwards
• The buildings are arranged over lower ground, ground and four upper floors and constructed of concrete frame with brick elevations
• The property provides convenient access into Central London with train station Tooting and underground stations Tooting Broadway and Tooting Bec within walking distance
• The existing accommodation extends to approximately 6,603 sq m (71,074 sq ft) GIA
• The site measures approximately 0.847 acres (0.343 hectares)
• The property is available with vacant possession
• Unconditional offers are being sought for the freehold interest

▼ Download the Former Tooting Police Station Particulars (pdf 0.3MB)

Due diligence

Due diligence information for the site can be found at https://www.land.knightfrank.com/view/tootingpolicestation

In order to download the information you will be required to enter your company name and email address.

Planning

The nature of occupation demonstrates a lawful use falling within Sui Generis of the Use Classes Order 1987 (as amended). The buildings are Locally Listed however the site is not in a designated Conservation Area.

The site is being offered for sale by informal tender. Unconditional offers are sought for the freehold interest of the site.

Forward Sale Clawback

The sale contract will include a “forward sale clawback” awarding 50% of any uplift to be paid to the Metropolitan Police Service if the site as a whole or in parts (but not any individual units) is sold within 5 years without planning permission. If the site is sold on with planning permission then the clawback will be 50% of the uplift in the site value at the date of the sale discounting any increase in value due to the planning permission or capital improvement to the property.

The bidding process does not follow the standard Small Sites proforma, and the Knight Frank processes should be adhered to. Detailed information about the process is found on the Agent's website https://www.land.knightfrank.com/view/tootingpolicestation

Bids should be delivered by e-mail to the vendor’s sole selling agent via Nick Alderman at [email protected]. Within the offer letter bidders will be required to provide specific information to include the following:

• All bids should be marked “Met Police Tender – Tooting”
• Confirmation of any conditions associated with your bid
• Details of any planning or sales overage associated with your bid
• Details of the solicitors who will be acting in the purchase if the bid is acceptable
• Details of your funding arrangement (clarification and confirmation may be sought in certain circumstances)
• Confirmation of the bidder’s authority to bid, and (where appropriate) confirmation that any offer made has full board approval (copies of the relevant board minutes may be requested in this regard)
• Timetable you require to proceed to an exchange and thereafter completion of contracts, should your bid be accepted

▼ Download the Mail-out Letter for more information (pdf 0.2MB)

Deadline: Friday 4 December 2020 at 12.00

Viewings for the site are currently scheduled on 23 and 24 November 2020. Due to Covid-19, visits must be arranged with the agent prior to these dates. Site visits will be scheduled through out the day and bidders will need to have an allocated slot for their viewing.

If you have any queries about the site and the process please get in touch with the Knight Frank team.

Contact details are:

Nick Alderman

[email protected]

07786 856173

Maddie Chelsom

[email protected]

07773 258929

Sarah Moran

[email protected]

07816 605967