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Warehouse Suitable For Motor Uses, 57 Central Avenue, West Molesey, KT8 2QZ

13,425 Sq Ft / Industrial / Warehouse

For Sale - £2,000,000.00

To Let - £160,000.00 per annum

Available - Last updated: 20 June 2024

The site provides warehouse/storage, together with further storage to the rear, accessed via Pool Road.

The main warehouse is currently used for car sales and is considered suitable for wider car uses, including servicing and repairs. The internal height to the metal truss roof is 2.931m.

The estate is a long established industrial and warehouse location and is also a hub for many operators, including motor trade and pharmaceuticals.

Location

The subject property is located on Central Avenue, part of the established West Molesey Industrial Estate, and adjacent to the B369 Walton Road, providing good communications on to the orbital motorway network.

The estate is well positioned with railway stations at Hersham, Esher, Walton-on-Thames, Hampton Court and Hampton nearby.

Accommodation

Main Warehouse 12,644 sq. ft. (1,174.62 sq. m.)

Rear Stores 781 sq. ft. ( 72.52 sq. m.)

TOTAL 13,425 sq. ft. (1,247.14 sq. m.)

Terms

RENT - £160,000 per annum exclusive

PRICE - £2,000,000

TENURE - New lease is available on terms to be agreed.

Alternatively, 999-year lease available at a peppercorn with approximately 967 years unexpired.

VAT - The property is elected for VAT.

LEGAL COSTS - Each party to bear their own legal costs.

EPC - Band D (93) Expires 6 June 2034

Further details on request.

LEGAL COSTS - Each party to bear their own legal costs.

RATES:

2023 List Rateable Value: To be advised
Billing Authority: Elmbridge Borough Council
UBR 2024/2025: £0.546 p in the £
Source: VOA Website

DEVELOPMENT POTENTIAL - The building offers scope for redevelopment, subject to the usual consents.

Specification

  • Open warehouse/storage ideal for a variety of uses.
  • Currently used for motor use.
  • Additional ancillary storage to rear.
  • Triple bay frontage to Central Avenue.
  • 3 phases electricity supply.
  • Scope for redevelopment, subject to usual consents.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £2,000,000.00 NA
  To Let £160,000.00 per annum

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Contact agents

Stewart Rolfe

Andrew Scott Robertson

020 3151 7250

Robin Catlin

Andrew Scott Robertson

020 3369 2599

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