Business unit of circa 30,000 sq ft and 121 car spaces with Permitted Development for Change of use to 44 flats.
Fleet is in the heart of the M3 Blackwater Valley, 40 miles south west of Central London, 17 miles south east of Reading and 15 miles west of Guildford. The property is situated at the entrance of the Redfields Park, Church Crookham, which is located two miles to the south of Fleet and a short distance from the A287. The M3 motorway can be accessed at either junction 4a (Fleet), or junction 5 (Hook) both approximately 6 miles away. Mainline railway services to London Waterloo are available in both Fleet (42 minutes) and Hook (60 minutes).
The site area is approximately 1.21 acres.
The existing building provides a mixture of open plan and partitioned offices, meeting rooms or training rooms. There is also laboratory and storage space on both ground and 1st floors. A kitchen/staff breakout facility is located on the 1st floor. Each floor has an approximate floor area of 15,000 sq ft.
The property has Prior Notification Approval (General Permitted Development) for Change of Use from Class B1 (a) to 44 residential dwellings (44 flats) under Class 3 use, (granted by Hart District Council on 12/4/2017 ref 17/00244/prior).
This Prior Approval is for 44 dwellings comprising;20 x studio flats @ 40.06 sq m each 16 x 1 bed flats @ 43.97 sq m each 8 x 2 bed flats @ 31.06 sq m each
There may be potential for further development of the premises or site , subject to planning consent.
Offers are invited in excess of £3,250,000 (Three Million, Two Hundred and Fifty Thousand Pounds), exclusive of VAT and subject to contract only.
A purchase at this level reflects a low capital value of approximately £108 psf.
Viewings; To arrange a viewing or to discuss the property in more detail please call our Hurst Warne Fleet office on 01252 816061.
Peter Richards (07803 078011)
Steve Barrett (07894 899728)