The site is located in the highly regarded and affluent Surrey town of Reigate. It is within a well established residential road within close proximity to the town centre, located under 1 mile from Reigate train station.
London is under an hour by car and London Gatwick is a 20 minute drive south. Brighton is also an hour's drive.
The site comprises a vacant former Army Reserve Centre set in 0.7 acres. Buildings include a 7,190 sq.ft hall, 3-4 Bedroom house, part 2 storey cadet hut and a rifle range.
The total Gross Internal Area is 11,623 sq.ft and is to be sold with vacant possession.
House 1,768 sq.ft (164.25 sq.m)
Hut1,372 sq.ft (127.46 sq.m)
Range 1,293 sq.ft (120.12 sq.m)
Main Hall 7,190 sq.ft (667.93 sq.m)
Total 11,623 sq.ft (1,079.76 sq.m)
There is scope for redevelopment to alternative uses including residential to form houses, flats or a mix STPP.
Potentially suitable for care and retirement sector STPP or other use.
Interested parties are advised to make their own enquiries of the Local Authority for confirmation.
Asset Rating - The EPCs are being prepared.
Rateable Value £16,750
Source www.voa.org.uk The 2022/2023 small business multiplier is 0.499 (4.99p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Offers in excess of £3,500,000 subject to contract.
Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.
( Agency Pilot Software ref: 8048 )