Major development site near Croydon town centre put up for sale
The 0.53-acre site on Edridge Road was previously home to the Colombus House office development but has now been demolished.
Agents Watling Real Estate have been appointed to find a buyer.
Jamie Lamond, who is leading the sale process, said: "An earlier planning consent for a residential tower block development expires this month, but importantly the site is promoted within Croydon's Local Plan as suitable for residential uses and we expect that prospective parties will be putting forward their own revised schemes."
He continued: "There is a clear demand for modern high-quality residential accommodation popular with young professionals, key workers and students of London South Bank University's Croydon Campus."
Watling Real Estate unveils CGI of future Croydon high-rise proposal (Image: Watling Real Estate) The site is currently being used as a short-term car park, providing potential buyers with a source of income.
Situated to the south-west of the town centre, it is close to the A232, one of the main routes into central Croydon.
It sits between Edridge Road Community Health Centre and Leon House, an office building converted to residential.
The site is surrounded by successful residential developments, such as Ten Degrees, College Road Tower, Aspect Croydon, London Square and The Fold.
Read more
Thousands of homes in Croydon and Streatham face second day without water
Aldi officially opens its new Caterham store
The 'extraordinary' Sutton McDonald's worker serving chips for 45 years
The Fold is less than 100 metres from the Edridge Road site.
Interested parties are invited to view the site and make offers for the freehold.
Further details and viewings can be arranged by contacting jamie.lamond@watling.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Financial Times ‘unconvinced' Odey libel claim is ‘serious', High Court told
The Financial Times (FT) is 'unconvinced' that a libel claim against it by hedge fund manager Crispin Odey is 'serious', the High Court has heard. Mr Odey is suing the publication for at least £79 million in damages over four articles published in 2023 containing allegations he had sexually assaulted multiple women, which he denies. The FT is defending the libel claim, claiming its reporting is accurate. Mr Odey is also defending a separate legal action brought against him by five women over alleged misconduct between 1995 and 2023, including one who has accused him of rape. At a preliminary hearing for both cases on Friday, Gavin Millar KC, representing the FT in the libel claim, said: 'We remain unconvinced that Mr Odey's libel claim is a serious one.' The four articles at the centre of the libel action were published between June and July 2023. The FT claimed, in June that year, that it had spoken to '13 women who said they had been abused by Odey' and, in July, said a further six had made allegations that he 'sexually assaulted or harassed them'. Mr Odey, who previously told the FT the allegations were 'rubbish', left his position at Odey Asset Management (OAM), the hedge fund he founded, days after they were published. OAM, which was founded in 1991, was then wound down after several banks cut ties following the accusations first coming to light, although it remained a registered company. Records from Companies House, the UK's official register, showed that Mr Odey was reappointed a director of the firm in late September last year. Mr Odey was first sued by some of the women in 2023, and launched the libel claim in May 2024. In documents related to the libel case filed at the High Court, seen by the PA news agency, Mr Odey's lawyers claimed he had suffered a 'very significant financial loss' as a result of the articles, but that he 'will limit his claim to the sum of £79 million'. Adam Speker KC, representing Mr Odey in the libel claim, said the allegations were of a 'gravely defamatory nature' which had caused 'very serious harm to his reputation' and 'serious distress and embarrassment'. The hearing on Friday is dealing with which of the two claims should go to trial first, but Mrs Justice Heather Williams suggested that one trial should be held dealing with both claims. She said that having two trials could see Mr Odey's alleged victims having to give evidence twice, which would be 'highly undesirable'. She said: 'We are in a position where on the face of it … one is looking at the court having two lengthy trials covering exactly the same factual allegations.' She continued: 'That is a very unsatisfactory situation from the court's point of view.' The hearing is due to conclude later on Friday, with a judgment expected at a later date.
Yahoo
16 minutes ago
- Yahoo
DioniLife rolls out alcohol-free spirits range
Low & no-alcohol drinks business DioniLife is adding two alcohol-free spirits brands to its portfolio. DioniLife entered the industry last year, with its acquisition of non-alcoholic brewer Mash Gang. When the business initially announced the purchase, it indicated it had 'multiple' brands and products that were in the 'advanced stages' of development. The new spirits brands in the group's portfolio are called La Borosa, a Mexican agave non-alcoholic spirit, and Pavari17, an aperitif. According to the company, the drinks offer the 'flavour, depth, texture and complexity consumers and bartenders expect – minus the ethanol'. DioniLife will sell the two brands in two formats - 700 ml bottles and and as canned pre-mixed RTD cocktails with an abv of 0.5%. The pre-mixed cocktails include a Margarita, Paloma and Spritz variant. The products will sold in bars and retailers in the UK, and will also be launching in Colorado. More US states are to be added "soon after", DioniLife said. CEO of DioniLife, Damian McKinney said: 'With La Borosa and Pavari17, we're not offering an 'alternative' – we're offering spirits that stand on their own. 'People shouldn't have to compromise on taste or the shared ritual of a great drink just because they're skipping the alcohol. La Borosa and Pavari17 give bartenders great new non-alcoholic liquids to play with,' he said. 'They taste like spirits; they mix like spirits. And now consumers can recreate the bar experience at home with great-tasting non-alcoholic spirits and convenient ready-to-serve cocktails. We live in exciting times in which individuals have unbelievable options." Wilson said: 'Our aim was to create drinks that taste as good – or better – than their alcoholic counterparts. That meant starting from scratch, not imitating. These are real drinks for real social occasions, crafted with care and precision.' "DioniLife rolls out alcohol-free spirits range" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.


Forbes
18 minutes ago
- Forbes
The Fine Print Era: Rethinking Retail Finance
Consumers don't need fewer options, they need better information and independent guidance. That ... More means ditching jargon, simplifying the language, and embedding meaningful guidance at every step, not just in financial education courses, but in checkout flows, customer service chats, and everyday social content. We're entering what I call The Fine Print Era, a time when trust won't be won through slogans or slick UX, but through honesty, clarity, and respect. (Photo Illustration by) For a time, Buy Now Pay Later (BNPL) seemed like a rare win-win. Shoppers gained flexibility. Retailers saw conversion soar. Transactions became smoother, quicker and, for many, more emotionally gratifying. The promise was simple: split payments, no interest, no fuss. But that simplicity was never the full story. Now, a long-anticipated reckoning is underway. From June 2025, the UK government will formally bring BNPL providers under the watch of the Financial Conduct Authority (FCA). The new regulations require affordability checks, clearer customer information, and proper complaint channels, placing BNPL closer to traditional credit in both responsibility and scrutiny. It's a seismic moment for a sector that has, until now, existed in a kind of cultural and legal twilight too new to regulate, too embedded to ignore. BNPL uptake exploded during that vacuum. Its use rose sharply during the cost-of-living crisis, especially among younger people and families managing everyday essentials. Recent figures suggest one in eight UK adults has used BNPL in the past year, often for groceries, school shoes, or household bills. 'We're acting to protect people from potentially unmanageable debt,' said Economic Secretary to the Treasury, Bim Afolami, in the official government statement. But for many, that debt isn't a future risk, it's already here, quietly embedded in monthly repayments and missed expectations. The power of BNPL was in its seamlessness. Unlike credit cards or loans, there was no paperwork, no friction, just a few taps and the purchase was yours. The message? No fees, no interest, no problem. Except, as we've learned, there can be problems. Behind the frictionless experience sat a wall of fine print, terms and consequences often buried or worded inaccessibly. Missed payments can lead to late fees, damage credit ratings, and trigger wider financial consequences. Many didn't realise until it was too late. Now the question isn't just about regulation. It's about responsibility. Retailers must acknowledge that every payment option they offer is part of the customer experience. This includes how financial choices are presented and understood or misunderstood. For many Gen Z shoppers raised in a digital-first world, frictionless payments are the norm, budgeting is a shared conversation, and credit isn't seen through the same stigma as in the past. What one person sees as flexibility, another may experience as financial stress. Some BNPL providers, Zilch, Klarna and Clear pay amongst them, have taken many steps toward greater transparency: clearer screens, affordability nudges, easier-to-understand repayment terms. But those improvements must become the standard, not the exception. Used responsibly, BNPL can be a really helpful budgeting tool and an enabler, offering breathing space and easing larger purchases. But that kind of responsible use requires something too often missing: informed choice. That's why education must now become the next big frontier in retail finance. Consumers don't need fewer options, they need better information and independent guidance. That means ditching jargon, simplifying the language, and embedding meaningful guidance at every step, not just in financial education courses, but in checkout flows, customer service chats, and everyday social content. We're entering what I call The Fine Print Era, a time when trust won't be won through slogans or slick UX, but through honesty, clarity, and respect. Today's shoppers are more value-driven, more cautious, and more questioning. They're not just asking 'Can I afford this?' but 'What will this cost me tomorrow?' For retailers, it's time to rethink the entire financial user experience, not to remove payment options, but to design them with transparency at the core. For regulators, it's a chance to collaborate meaningfully with industry, to shape a system that protects, without paralysing innovation. And for all of us, consumers, retailers, platforms, it's a reminder that financial literacy isn't a nice-to-have. It's essential. Credit is not the enemy. But confusion might be.