Chain House, 24 Brighton Road, Godalming, Surrey, GU7 1NS

  • Investments
  • 0 to 0.37 Acres
  • For Sale
Chain House, Godalming, Investments For Sale - Image from Google Street View - 6809
Sold
Property Type Investments
Availability For Sale
Size 0 to 0.37 Acres
Price Price On Application
Energy Performance Rating Upon enquiry

Site for residential development with planning consent for 13 One & Two Bedroom Apartments.

Key Features

  • Corner Location at the Junction of Croft Road & Brighton Road
  • Literally 5 Minutes' Walk to Godalming High Street
  • Planning Consent Granted for 13 Apartments
  • Current Income £50.00 PA until July 2019
  • Freehold Offers Invited
  • Price Guide £1.5 Million

Location

The site has planning permission for a residential development comprising 8 one bedroom and 5 two bedroom apartments with 13 car parking spaces. Planning reference at Waverley Borough Council is WA/2012/1998.

Planning Consent:

The site has consent under planning reference WA/2012/1998 for a 13 unit residential schemen. A certificate of Lawfulness exists under Section 191 for the commencement of the develpment as at the 3rd March 2016. A Section 106 Agreement provides for an infrastructure contribution of £30.410.77.

The SIte: 

The site currently comprises as industrial building together with associated parkign and extends to approximately 0.37 pf an acre (015 hectare)

Current Occupation

The existing building comprises some 10,000sq ft of gross internal space let to English Chain Limited for a term of 3 years from 1st August 2016 at a rental of £50,000 per annum (Fifty Thousand Pounds). The lease is contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954. The tenant may break the tenancy on the 31st January 2017 and every six months thereafter provided written notice is served on the Landlord at least 6 months before the break date.

 Price

Offers are invited for our clients Freenold interest subject to the existing tenancy in the region of £1.5 million pounds.

 Information Pack

Copes of drawings, EPC, consent and reports are available upon request.

Viewing:

Strictly by appoitment with the sole retained agents Mark Isherwood 01483 300176 mjji@wadhamandisherwood.co.uk