95 / 97 High Street Esher Surrey KT10 9QE

  • 95 / 97 High Street<br>Esher<br>Surrey<br>KT10 9QE

95 / 97 High Street
Esher
Surrey
KT10 9QE

Freehold Restaurant Investment

  • First time on the market for over 68 years
  • Trading as Siam Food Gallery (Thai restaurant)
  • Lease expires September 2025 (original tenant in occupation for over 18 years)
  • Nearby occupiers include Cote Brasserie and a Waitrose supermarket with Zizzi, Pizza Express, Caffè Nero and Everyman Cinema also represented within the town
  • Future redevelopment and change of use potential (subject to lease and necessary consents)
  • Prominent location in affluent and popular Surrey town
  • Lot
    86
  • Auction
    18th October 2018
  • Rent
    £53,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £840,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Restaurant Investment

  • First time on the market for over 68 years
  • Trading as Siam Food Gallery (Thai restaurant)
  • Lease expires September 2025 (original tenant in occupation for over 18 years)
  • Nearby occupiers include Cote Brasserie and a Waitrose supermarket with Zizzi, Pizza Express, Caffè Nero and Everyman Cinema also represented within the town
  • Future redevelopment and change of use potential (subject to lease and necessary consents)
  • Prominent location in affluent and popular Surrey town
  • Lot 86
  • Auction 18th October 2018
  • Rent £53,000 per Annum Exclusive
  • Status Sold
  • Price £840,000
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
4 miles south-west of Kingston upon Thames, 14 miles north-west of Guildford
Roads
A3, A307, A309, M25 (Junction 10)
Rail
Esher Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated on the southern side of High Street, at its junction with Dawes Court in the heart of Esher town centre. Nearby occupiers include a Waitrose supermarket and Côte Brasserie, with other occupiers on High Street including Zizzi, Pizza Express, Farrow & Ball, Boots the Chemist, Costa Coffee and Caffè Nero. Waitrose supermarket car park and other public car parking is nearby, with parking for approximately 150 cars. Sandown Park Racecourse is also located nearby, at the end of High Street (A307).

Tenure

Freehold.

Location
Miles
4 miles south-west of Kingston upon Thames, 14 miles north-west of Guildford
Roads
A3, A307, A309, M25 (Junction 10)
Rail
Esher Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated on the southern side of High Street, at its junction with Dawes Court in the heart of Esher town centre. Nearby occupiers include a Waitrose supermarket and Côte Brasserie, with other occupiers on High Street including Zizzi, Pizza Express, Farrow & Ball, Boots the Chemist, Costa Coffee and Caffè Nero. Waitrose supermarket car park and other public car parking is nearby, with parking for approximately 150 cars. Sandown Park Racecourse is also located nearby, at the end of High Street (A307).

Tenure

Freehold.

Description

The property, a detached building, comprises a double-fronted ground floor restaurant with ancillary accommodation on the first floor. The property benefits from a garden to the rear as well, as parking for two cars.

VAT

VAT is not applicable to this lot.

EPC

C

Description

The property, a detached building, comprises a double-fronted ground floor restaurant with ancillary accommodation on the first floor. The property benefits from a garden to the rear as well, as parking for two cars.

VAT

VAT is not applicable to this lot.

EPC

C

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground
First
Restaurant/Ancillary
Ancillary
101.47 sq m
42.25 sq m
(1,092 sq ft)
(455 sq ft)
K. NGOEYPAIBOON
& G.Y. JEFFERY
t/a Siam Food Gallery
(1)
25 years from
12/09/2000 on a
full repairing and
insuring lease
£53,000 12/09/2020
(11/09/2025)
Total
143.72 sq m
(1,547 sq ft)     £53,000  

(1) www.siamfoodgallery.co.uk

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Nichols Marcy Dawson Portman House, Colby Road (off Winchester Road)
Walton-on-Thames
Surrey
KT12 2RN
Chris Mitchell 01932 219 500c.mitchell@nmd-law.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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