DESCRIPTION
An attractive freehold / Class E property with parking.
The premises comprise a substantial, detached modern office building of brick construction with a number of attractive architectural features. The accommodation is arranged across three floors to provide a mixture of open plan and individual offices.
The property benefits from gas fired central heating and air conditioning cassettes throughout, a 6 person passenger lift, door entry security system, double glazed windows and a private car park, providing 12 car parking spaces and metal security gate.
POTENTIAL
The property is considered to have good potential for residential conversion / development, subject to obtaining all necessary planning consents. Further enquiries should be made to Tandridge District Council.
Location
Caterham is an affluent commuter town situated in East Surrey, providing a wide range of amenities, retail and restaurant options.
The premises are situated just off the A22 Godstone Road, with Caterham town centre a short walk away.
Caterham benefits from good road and rail connections with Junction 6 of the M25 close-by at Godstone. The M23 and Junction 7 of the M25 is also close-by at Merstham. There is a Mainline Railway Station (Zone 6) in Caterham Valley providing regular services to Croydon and Central London.
Accommodation
The property provides the following net internal floor areas:
Ground Floor - 1,037 sq ft (96.34 sq m)
First Floor - 1,101 sq ft (102.29 sq m)
Second Floor - 1,101 sq ft (102.29 sq m)
TOTAL - 3,239 sq ft (300.92 sq m)
Outside - 12 Parking Spaces
Terms
POTENTIAL
The property is considered to have good potential for residential conversion / development, subject to obtaining all necessary planning consents. Further enquiries should be made to Tandridge District Council.
TENURE & TENANCY
The property is to be sold freehold.
The property is currently let to Marie Curie who have exercised their break option with is effective 25 May 2024. Marie Curie occupy the premises on a full repairing and insuring lease, subject to a photographic Schedule of Condition. The current rent passing is £42,500 per annum.
SALE PRICE - We are instructed to seek offers over £800,000 for the freehold, subject to contract.
VAT - VAT is applicable to the sale price.
LEGAL COSTS - Each party is to bear their own costs.
AML - In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from any successful Purchaser.
Specification
Freehold Class E / office
Modern offices with good parking
Situated just off A22 Godstone Road and close to M25
Vacant possession from 25 May 2024
Potential for residential conversion (subject to relevant consents)
Freehold price – Offers over £800,000 + VAT (subject to contract)