Clarendon House West Street Dorking Surrey RH4 1QJ

Clarendon House
West Street
Dorking
Surrey
RH4 1QJ

Well Located Medical Centre/Office Investment

Let to Surrey and Borders Partnership NHS Foundation Trust
Approximately 6,748 sq ft (7,764 sq ft Gross Internal) with excellent rear parking
Future residential conversion potential (subject to lease and consents)(2)
Prominent town centre site - approximately 0.44 acres
Highly affluent Surrey market town
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
9
Auction
13th October 2016
Rent
£94,052 per Annum Exclusive
Status
Sold
Price
£1,200,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG
On behalf of Aviva Investors

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Well Located Medical Centre/Office Investment

Let to Surrey and Borders Partnership NHS Foundation Trust
Approximately 6,748 sq ft (7,764 sq ft Gross Internal) with excellent rear parking
Future residential conversion potential (subject to lease and consents)(2)
Prominent town centre site - approximately 0.44 acres
Highly affluent Surrey market town
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 9
Auction 13th October 2016
Rent £94,052 per Annum Exclusive
Status Sold
Price £1,200,000
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG
On behalf of Aviva Investors

Property Information

Location

Miles: 7 miles west of Reigate, 13 miles east of Guildford, 25 miles south-west of Central London
Roads: A24, A25, M25
Rail: Dorking and Dorking West Railway Stations
Air: London Gatwick Airport

Situation

Dorking is a highly affluent market town within the London commuter belt. The property is situated on the south side of West Street (A25), opposite its junction with Station Road, just to the west of the town centre. The property is located adjacent to the Old Fire Station, which has been converted to residential flats, and Pets Corner. Retailers represented within the town include Waitrose, Marks & Spencer, Sainsbury's, Costa, Boots the Chemist, WHSmith, Fat Face and Superdrug, with a number of independent office occupiers being located close by.

Tenure

Long Leasehold. Held for a term of 125 years from 29th September 1982 from The County Council of Surrey at a peppercorn rent.

Location

Miles: 7 miles west of Reigate, 13 miles east of Guildford, 25 miles south-west of Central London
Roads: A24, A25, M25
Rail: Dorking and Dorking West Railway Stations
Air: London Gatwick Airport

Situation

Tenure

Long Leasehold. Held for a term of 125 years from 29th September 1982 from The County Council of Surrey at a peppercorn rent.

Description

The property comprises a medical centre/offices at ground and first floors. There is car parking for approximately 36 cars to the rear. The property benefits from a site area of approximately 0.44 acres.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
Ground First	Office/Medical Centre Office/Medical Centre	304.52 sq m 322.36 sq m	(3,278 sq ft) (3,470 sq ft)	SURREY AND BORDERS PARTNERSHIP NHS FOUNDATION TRUST (1)	10 years from 28/09/2007 on a full repairing and insuring lease	£94,052	27/09/2017
Totals		626.88 sq m	(6,748 sq ft)			£94,052

(1) Surrey and Borders Partnership NHS Foundation Trust are one of the leading providers of specialist mental health, drug and alcohol and learning disability services for people of all ages in southern England. The property is run as a Community Mental Health Recovery Service Centre. Surrey and Borders Partnership NHS Foundation Trust currently employ approximately 2,300 staff across 47 sites, serving a population of 1.3 million. (Source: www.sabp.nhs.uk 08/09/2016).
(2) Under the terms of the headlease, the property is to be used exclusively for office and or residential purposes and/or as a Community Mental Health Centre or Outpatients Clinic.