Residential Conversion Opportunity in Affluent London Suburb
Office Accommodation with Potential for Residential Conversion (subject to consents)
Overlooking the Market Square 150m from the River Thames
Approximately 419.00 sq m (4,510 sq ft)
No VAT
Attractive and Affluent South West London Suburb
200m East of The Eden Walk Shopping Centre and Opposite the Kingston Historic Market
Nearby Occupiers including Boots, Wagamama's, Pret a Manger, The White Company and Lush
Lot 38
Auction 2nd November 2023
Vacant Possession
Status Withdrawn Prior
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
11 miles south-west of Central London, 4 miles south of Richmond, 7 miles south-west of Clapham
Roads
A3, A307, M25, M3
Rail
Kingston Railway Station, Hampton Wick Railway Station
Air
Heathrow Airport
Situation
The Royal Borough of Kingston upon Thames is an affluent South West London suburb some 4 miles south of Richmond. The town benefits from being a major regional shopping destination, a university town and boasts an attractive riverside setting.
The property is prominently situated on the west side of the busy Market Place adjacent to a substantial recent residential development with other nearby occupiers including Boots, Wagamama's, Pret a Manger, The White Company and Lush. The Eden Walk Shopping Centre is also 200m east with 29 shops including M&S, Claire's Accessories and Sainsbury's.
Tenure
Leasehold. Held for a term of 125 years from 23/05/2017 until 2142 at a current rent reserved of £100 per annum exclusive.
Location
Miles
11 miles south-west of Central London, 4 miles south of Richmond, 7 miles south-west of Clapham
Roads
A3, A307, M25, M3
Rail
Kingston Railway Station, Hampton Wick Railway Station
Air
Heathrow Airport
Situation
The Royal Borough of Kingston upon Thames is an affluent South West London suburb some 4 miles south of Richmond. The town benefits from being a major regional shopping destination, a university town and boasts an attractive riverside setting.
The property is prominently situated on the west side of the busy Market Place adjacent to a substantial recent residential development with other nearby occupiers including Boots, Wagamama's, Pret a Manger, The White Company and Lush. The Eden Walk Shopping Centre is also 200m east with 29 shops including M&S, Claire's Accessories and Sainsbury's.
Tenure
Leasehold. Held for a term of 125 years from 23/05/2017 until 2142 at a current rent reserved of £100 per annum exclusive.
Description
The property comprises self contained office accommodation on the second and third floors of an prominent and attractive bank building. The property is not Listed but is situated within a Conservation Area and may benefit from residential conversion (subject to consents).
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises self contained office accommodation on the second and third floors of an prominent and attractive bank building. The property is not Listed but is situated within a Conservation Area and may benefit from residential conversion (subject to consents).
VAT
VAT is not applicable to this lot.
Completion Period
Six 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
Possession
Second Third
Office Office
221.00 198.00
(2,379) (2,131)
VACANT POSSESSION
Total Approximate Floor Area
419.00
(4,510)
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.
