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
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