KT22 Stokes House, Cleeve Road, Leatherhead

Office premises with wide scope for redevelopment for alternative uses (STP).

The property comprises a three-storey building providing an open plan, flexible office, storage, and workshop-type space.

The current specification includes; suspended ceilings with recessed lighting, perimeter trunking, gas central heating, and lifts.

Planning

We understand the property to benefit from Class E Business and service use. Is felt other uses for the site including residential and retirement could be suitable subject to obtaining the necessary planning permission. Under Planning reference MO/2017/1518 there is a lapsed prior approval application for 72 apartments.

Tenure and possession

The property is held freehold under title number SY701408 and is offered with vacant possession.

Price

Seeking offers in excess of £2,750,000 reflecting a low capital value of £95.00 per sq ft on the net area and £75.00 per sq ft on the gross internal area.

VAT

The property may be elected for VAT.

Business Rates

TBC

Viewings

Strictly via sole agents Vail Williams LLP.

Leatherhead is a historic market town and key commercial centre located in the heart of the Mole Valley District of the affluent county of Surrey, 26 miles southwest of Central London. Strategically positioned adjacent to J9 of the M25, Leatherhead effortlessly serves the inner M25 market and is itself home to a thriving business community and benefits from an affluent and skilled workforce.

Leatherhead is a dominant M25 employment market and has attracted a number of blue chip multinational companies to the area, providing UK headquarters offices for Unilever and CGI Logica whilst other high profile occupiers include, KBR, RINA Tech, Wates Group, Exxon Mobil, Learning Tree and the NHS.

The property is prominently fronting Cleeve Road within ¾ of a mile of the town centre and ½ a mile of the station. The M25 J9 has 2 junctions, both within 1.5 miles.

Detached Three-Storey Building

Plot of 1.18 Acres

Up to 50 Car Parking Spaces

NIA: 28,789 sq ft

GIA: 36,403 sq ft

Within 3/4 miles of town centre

Within 1/2 a mile of the station

Lasped prior approval for 72 Apartments

Seeking offers in excess of £2,750,000