FOR SALE

Simplemarsh Road, Addlestone KT15 1QH

Offers in excess of £1,750,000

Description

The existing property comprises 2 x adjoining office buildings extending to approximately 7,681 sq.ft. in total.

The buildings are arranged over 2-storeys and occupy a gated site of approximately 0.3 acres which benefits from 24 car parking spaces.

We understand the property was most recently occupied by a market research company who vacated the property 6 months ago and the property is now fully vacant.

Location

The property is located on the south side of Simplemarsh Road in Addlestone, within Runnymede Borough Council.

The immediate area comprises mainly residential properties. Numerous commercial offerings including shops, restaurants and supermarkets are available on Station Road, located 0.4 miles from the property.

Addlestone station is located 0.5 miles from the site (circa 10 minute walk), providing regular and direct services into Central London, including London Waterloo in under 50 minutes.

Planning & Development Potential

The property is not listed or located within a conservation area.

Planning permission was granted on 5th March 2021 (ref: RU.21/0147) for the installation of new windows and rooflights to the office building to enhance ventilation and natural daylight. The planning permission was subsequently implemented and works completed for the installation of the new windows and rooflights with building control providing confirmation and approval of this on 11th June 2021.

Prior Approval was granted on 26th May 2021 (ref: RU.21/0538) for change of use and conversion of the building to provide 15 units (13 x 1 bedroom and 2 x 2 bedroom) totalling 7,100 sq.ft. Net Saleable Area.

There is potential to increase the floor areas by additional storey(s), and redevelopment of the car park subject to obtaining the necessary consents.

Tenure

The property will be sold freehold and subject to vacant possession upon completion.

VAT

The property is not elected for VAT.

Terms

Offers are invited in excess of of £1,750,000 for the vacant freehold interest.

Additional Information

Further information including planning documents and technical documents are available in the dataroom using access code ‘Simplemarsh’.


Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.


back to list
  • Two adjoining office buildings extending to approximately 7,228 sq.ft. on a site of circa 0.3 acres
  • Prior Approval granted for change of use to residential comprising 15 apartments totalling 7,100 sq.ft.
  • New windows and skylights recently created to facilitate the conversion to 15 apartments
  • Located on a sought-after residential street approximately 0.5 miles from Addlestone station
  • Offers are invited in excess of £1,750,000 for the vacant freehold interest

To discuss this opportunity further, please contact Paul Heale or Chris Incledon on 020 7183 2529

Open get in touch popup box
Open get in touch popup box
Open get in touch popup box Open get in touch popup box