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Agent's details

Land At Godstone Road, Whyteleafe, CR3

For sale: POA|5.52 Acre|Land, Commercial Land

Property details

FOR SALEPOA
SIZE5.52 Acre
ADDRESSLand At Godstone Road, Whyteleafe, CR3 0EG
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON9th August 2024

Description

Key Points

  • Site area approximately 5.52 acres (2.23 hectares)
  • Situated circa 0.5 miles (0.8 km) from Whyteleafe train station
  • Prominent A22 roadside location
  • Current passing rent of £62,000 per annum on part, with potential to significantly increase through asset management
  • Offers invited on both a subject to planning and unconditional basis
  • Best offers for the freehold interest invited by 12 noon on 22nd April 2022
  • New key point...
  • Summary

    Freehold Development opportunity, suitable for a variety of uses including residential and commercial redevelopment (subject to planning)

    Description

    Circa 2.23 hectare (5.52 acres) Site comprising a former gas works, situated on the east side of Godstone Road (A22). Currently the Site comprises a mixture of hardstanding areas, a vacant house, unmade ground and areas of overgrown vegetation and woodland. The Site is broadly rectangular in shape and is subject to a significant level change from the east to west site boundaries.

    Approximately 0.27 hectares (0.68 acres) of the Site is currently subject to occupational leases to Formark Scaffolding (Holdings) Limited;

    A term of 5 years from 20 July 2019 at a passing rent of £50,000 +VAT per annum
    A term from 14 June 2021 and expiring on 19 July 2024 at a passing rent of £12,000 +VAT per annum

    New leases are close to being completed with Formark. Details of the leases and the agreed Heads of Terms can be found within the Information Pack.

    Location

    The Site is located in Whyteleafe, a village under the jurisdiction of Tandridge District Council and within the county of Surrey.

    Located to the north of the Site is a Jewson builders' merchant. A railway line borders the Site to the east and semi-detached residential housing is located to the south of the Site. On the adjacent side of Godstone Road to the west, there is a residential development by Clarion Housing Group. The development provides one- and two-bedroom apartments on a shared ownership basis.

    The nearest mainline train station is Whyteleafe, located approximately 0.5 miles (0.80 km) to the south. This provides direct services north east to London Bridge station

    Availability_text

    The accommodation comprises of the following

    Location

    marker
    Location: Land At Godstone Road, Whyteleafe, CR3 0EG

    Morden (7.8 miles)

    Colliers Wood (8.3 miles)

    South Wimbledon (8.4 miles)

    Whyteleafe (0.3 miles)

    Upper Warlingham (0.5 miles)

    Whyteleafe South (0.6 miles)

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