118 Ashley Road Walton on Thames Surrey KT12 1HN

  • 118 Ashley Road<br>Walton on Thames<br>Surrey<br>KT12 1HN

118 Ashley Road
Walton on Thames
Surrey
KT12 1HN

Freehold South West London Industrial Investment

  • Affluent South-West London Location
  • Let to Walton Plating Limited, inoccupation for over 50 years
  • 10,819 sq ft on a site of approx 0.29 acres
  • Asset Management/Development Opportunity (subject to consents)
  • Lot
    7
  • Auction
    31st March 2022
  • Rent
    £45,360 per Annum
  • Status
    Sold
  • Price
    £880,000
  • Auction Venue
    Live Streamed Auction
  • On Instructions of Network Rail
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Freehold South West London Industrial Investment

  • Affluent South-West London Location
  • Let to Walton Plating Limited, inoccupation for over 50 years
  • 10,819 sq ft on a site of approx 0.29 acres
  • Asset Management/Development Opportunity (subject to consents)
  • Lot 7
  • Auction 31st March 2022
  • Rent £45,360 per Annum
  • Status Sold
  • Price £880,000
  • Sector
    Industrial, Warehouse
  • Auction Venue
    Live Streamed Auction
  • On Instructions of Network Rail

Property Information

Location
Miles
7 miles south-west of Twickenham, 14 miles north-east of Guildford, 20 miles south-west of Central London
Roads
A244, A308, M3, M4, M25
Rail
Walton-on-Thames
Air
London Heathrow Airport
Situation

Walton-on-Thames is an affluent and historic market town in Surrey, 1.5 miles east of Weybridge, 2.5 miles west of Esher and 20 miles south-west of Central London. The property is situated in a prominent position on the west side of Ashley road (B365) close to its junction with Queens Road (A317), 0.5 miles west of Walton on Thames railway station. Ashley road connects to the town centre within 1 mile to the north. The property is adjacent to Cleves School playing fields and opposite Ashley Road which comprises a modern residential street.

Tenure

Freehold. Please note that the site is currently unregistered however the Seller's solicitors have submitted an application to register the property. A copy of the pre-registration deeds will be available to view in the solicitor's legal pack.

Location
Miles
7 miles south-west of Twickenham, 14 miles north-east of Guildford, 20 miles south-west of Central London
Roads
A244, A308, M3, M4, M25
Rail
Walton-on-Thames
Air
London Heathrow Airport
Situation

Walton-on-Thames is an affluent and historic market town in Surrey, 1.5 miles east of Weybridge, 2.5 miles west of Esher and 20 miles south-west of Central London. The property is situated in a prominent position on the west side of Ashley road (B365) close to its junction with Queens Road (A317), 0.5 miles west of Walton on Thames railway station. Ashley road connects to the town centre within 1 mile to the north. The property is adjacent to Cleves School playing fields and opposite Ashley Road which comprises a modern residential street.

Tenure

Freehold. Please note that the site is currently unregistered however the Seller's solicitors have submitted an application to register the property. A copy of the pre-registration deeds will be available to view in the solicitor's legal pack.

Description

The property comprises ground floor industrial workshops, offices and storage accommodation arranged on a site of 0.117 hectares (0.29 acres).

Planning

The property may benefit from future redevelopment for a variety of uses, subject to necessary consents/permissions and the current tenancies. Interested Parties are referred to Elmbridge London Council - www.elmbridge.gov.uk - 01372 474 474

Note

The property will be subject to a provision that entitles the Seller to 50% of any uplift in value if sold within five years for residential redevelopment. Please see the legal pack for further details.

Completion Period

6 week completion

EPC

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

Description

The property comprises ground floor industrial workshops, offices and storage accommodation arranged on a site of 0.117 hectares (0.29 acres).

Planning

The property may benefit from future redevelopment for a variety of uses, subject to necessary consents/permissions and the current tenancies. Interested Parties are referred to Elmbridge London Council - www.elmbridge.gov.uk - 01372 474 474

Note

The property will be subject to a provision that entitles the Seller to 50% of any uplift in value if sold within five years for residential redevelopment. Please see the legal pack for further details.

Completion Period

6 week completion

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas (Approx sq m) Floor Areas (Approx sq ft) Tenant Term Rent p.a.x. Rent Review
(Reversion)
Ground Industrial/Office & Storage
1,005.10 sq m
(10,819 sq ft)
WALTON PLATING LIMITED (1) 21 years from 24/06/2004
£45,360
24/06/2022
(23/06/2025)
Total  
1,005.10 sq m
(10,819 sq ft)
   
£45,360
 

Walton Plating Limited are a " Surface Treatment Specialists, family company who have been established for over 70 years. Based in Surrey, Walton Plating Ltd services the Aerospace sector both Military and Commercial, together with Motorsport sectors." (Source : www.waltonplating.co.uk)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Charlie PowterCharlie Powter +44 (0)20 7034 4853 +44 (0)7768 120 904charlie.powter@acuitus.co.uk
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Associate AuctioneersCharles Alexander +44 (0)7831 487420 +44 (0)7831 487420charles.alexander@rapleys.com
Seller's Solicitors
Dentons LLP
Dominic Moraz 44 20 7246 7298 dominic.moroz@dentons.com  Rebecca tavares 44 20 7246 7298 Rebecca.tavares@dentons.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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