Retail premises for sale in 2 Church Street, Esher, Surrey KT10, £950,000

950,000.00

Offer Nr.:
65273278
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Harston&Co
Phone(s):
020 8033 5672

* Freehold restaurant and bar arranged over three floors plus basement located in Esher on the London and Surrey border
* Suitable for both owner occupiers and developers looking to add value by converting the existing space and possible extensions (STPP)
* Indicative plans prepared to show a possible conversion of upper parts into 3 x apartments (STPP)
* Approximate gross internal floor area of 4, 010 sq ft (371. 5 sq m)
* Offers are invited in excess of £950, 000 for the freehold interest to be sold with full vacant possession. A purchase at asking price reflects a very low capital value of approximately £237 per sq ft
_Location_
The property is situated on Church Street, Esher in the heart of the town
centre close to the junction with the High Street. Esher is an extremely
charming and affluent suburb of London situated on the Surrey border. Esher
train station is 1 mile away and is on the South West Main Line operated by
South Western Railway. It provides a direct line into London Waterloo with
journey times as quick as 30 minutes.
Esher town centre is occupied by a range of national and well - established
independent businesses which provides a vibrant trading environment. Notable
occupiers include Waitrose, Pizza Express, The Bear (Hotel), Cote, Giggling
Squid - Esher, and Everyman Esher. Sandown Park Racecourse is 0. 2 miles north -
east of the property.
Please note all distances given are approximate only.
_Description_
The property is arranged over three floors and basement. The ground floor was
previously used as a restaurant and bar. The first floor was used as a
commercial kitchen and storage. The second floor was used for storage, albeit
we have been informed it was once used as staff accommodation. The basement
has been used as a beer cellar, office and storage.
We have been advised of the following gross internal floor areas:
Ground Floor 1, 900 square feet (176. 5 sq m)
First Floor 1, 110 square feet (102. 2sq m)
Second Floor 600 square feet (55. 7 sq m)
Basement 400 square feet (37. 1 sqm)
Total 4, 010 square feet (371. 5 sq m)
Please note that the sizes have been provided by the vendor and are
approximate only. All interested parties are advised to rely on their own
inspection and survey.
_Development_
The upper floors provide potential for conversion to residential use, subject
to obtaining appropriate consents. Indicative plans have been prepared that
show a potential scheme to provide 3 x flats (1 x 1 bed & 2 x 2 bed). Please
see the plans within the brochure. It might be possible to extend the property
further to provide more accommodation.
Please note these plans are for indicative purposes only and no application
has been submitted.
_Terms_
Offers are invited in excess of £950, 000 for the freehold interest to be sold
with full vacant possession. A purchase at asking price reflects a very low
capital value of approximately £237 per sq ft.
_Tenure_
The freehold interest is to be sold with full vacant possession.
_VAT_
We have been informed that property is elected for VAT.
_Data Room_
A data room has been set up and access is available on request.
_Viewings_
Viewings are strictly by appointment through sole agents Harston&Co.

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