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CONSENTED REDEVELOPMENT OPPORTUNITY TO PROVIDE 8 FLATS

For sale: £850,000.00|Land, Commercial Land

Property details

FOR SALE£850,000.00
ADDRESSDukes Head, Horsham Road, Beare Green, Dorking, Surrey, RH5 4QP
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON26th July 2021

Description

LOCATION

Situated on a prominent corner site on A24 Horsham Road and Newdigate Road the plot enjoys a prominent frontage between Beare Green and Newdigate village approx. 4 miles south of Dorking in a semi-rural and yet convenient location. The flats will have excellent road access via A24 to M25 and M23 and be close to the village amenities at Beare Green Court close by.

DESCRIPTION

CONSENT IS NOW GRANTED (9.7.21) for part demolition and extension of the existing Public House premises to provide for a new 8 flat scheme comprising 5 x 1 bed flats and 3 x 2 bed flats within the new building plus car park, private and common gardens and ancillary with improved access. The scheme proposes to include private gardens to be allocated to specific flats although this may be altered by a buyers subsequent application.

Full details and conditions have be issued by Mole Valley District Council under planning ref MO/2020/1968/PLA and we are advised that the pre-construction conditions have now been met and one low level bat survey has been commissioned with no undue concerns.

There is additional land behind the premises noted as hatched on the attached plan that our Client wishes to retain for the benefit of future opportunities or could be purchased in addition for £150,000. The new Title for the sale of the main plot will include a right of way shared between the subject premises, Ark Cottage to the side and the rear land off the forecourt then retained shared access across the proposed car park to the rear plot.

PROPOSED ACCOMMODATION

UNIT NO BEDS GIA (sq ft) GIA (sq m)
1 2 BED 851 79.10
2 2 BED 659 61.20
3 1 BED 426 39.56
4 1 BED 660 61.35
5 2 BED 665 61.80
6 1 BED 557 51.75
7 1 BED 552 51.26
8 1 BED 441 40.95


GUIDE PRICE

£850,000 + VAT for the freehold interest, subject to contract with full vacant possession upon completion.
COMMUNITY INFRASTRUCTURE LEVY (CIL)

We are advised that a CIL Liability Notice notifies a contribution of £11,876.22 will be payable on this scheme.

TITLES

The site is available for sale freehold with full vacant possession upon completion under the existing Title SY716263 but will require amendment to extract separate titles for the newly constructed Ark Cottage and retained land to the rear. The site is currently unoccupied and available for immediate purchase.
VAT

We are advised that the premises are elected for VAT and therefore VAT will be charged on the sale.
BUSINESS RATES & COUNCIL TAX

Available on request. Interested parties should make their own enquiries with the relevant local authority.
VIEWING

Strictly by appointment with the Landlord’s Sole Agents Robinsons, telephone 01737 229200

EPC

This property has a rating of B (50 and is valid until 25.6.30) – copy of the EPC is available.

Location

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Location: Dukes Head, Horsham Road, Beare Green, Dorking, Surrey, RH5 4QP

Holmwood (0.5 miles)

Ockley (1.9 miles)

Dorking Deepdene (4.4 miles)

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