FOR SALE - NovaLoca
FOR SALE 2,478 Sq Ft (230.21 Sq M)
Commercial Development/Investment 60 Park Road, Kingston Upon Thames, Surrey, KT2 6AU
KINGSTON OFFICE AGENT Warwick Lodge Andrew Pollard 75‐77 Old London Road [email protected] Kingston KT2 6ND
KEY SUMMARY
• • •
Conversion or development opportunity STTP Close to Richmond Park Historic planning consent for residential development
Providing guaranteed commercial property solutions across Surrey, Middlesex, South and West London from our regional offices in Kingston and Ealing Kingston Office – Warwick Lodge, 75‐77 Old London Road, Kingston Upon Thames, KT2 6ND Ealing Office – Boundary House, Boston Road, London, W7 2QE
60, Park Road, Kingston Upon Thames , Surrey, KT2 6AU LOCATION
PLANNING
The subject property is located on the east side of Park Road between the junctions with New Road and Tudor Road just to the south of the Park Road/Kings Road junction. The property is the only non residential dwelling in this part of Park Road and is surrounded by residential dwellings, mainly Victorian semi detached houses and cottages. Park Road runs from the junction with Kingston Hill (to the south) to the Kings Road junction and beyond to the Tudor estate and Richmond Park.
The property is situated in the Royal Borough of Kingston and notable planning applications are as follows:
DESCRIPTION The property comprises a retail shop on the ground floor with residential above plus a two storey workshop and single storey store/garage to the rear. In accordance with the Royal Institution of Chartered Surveyors Code of Measuring Practice 6th Edition we measured the following approximate gross internal floor areas. Please note our measurements for the external store are very approximate due to limted access:
Description Retail Shop Flat Workshop External Store TOTAL
Sq Ft 387 551 1298 242 2,478
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•
•
2015 – Erection of two semi‐detached three bedroomed dwelling houses – application withdrawn. 2005 ‐ Demolition of factory building and erection of two storey building comprising 2 x 1 bedroom flats – Permission Granted. Development to commence within 5 years of the decision date. 2004 ‐ Demolition of factory building and erection of two storey building comprising 1 x 2 bedroom and 1 x 1 bedroom flats – application withdrawn.
From the most recent application it appears the current permitted use is A1 retail (ground floor shop), B1(c) Light Industrial (rear workshops) and C3 Dwelling Houses (first floor flat).
TERMS The property is for sale freehold with vacant possesion of the shop and workshop and subject to the Assured Shorthold Tenancy in the flat. Our client’s strong preference is for unconditional offers. Price on Application
Sq M 35.95 51.24 120.7 22.5 230.4
LEGAL COSTS
Each party is to be responsible for their own legal and other costs.
CURRENT RATING ASSESSMENT
Shop Rateable Value: £6,600 Rates Payable: £3,168 Work Shop Rateable Value: £4,700 Rates Payable: £2,256 External Store Rateable Value: £1,050 Rates Payable: £504
VIEWING For viewings or further information please contact:
Andrew Pollard 020 8546 0022 [email protected]
James Smith 020 8546 0022 [email protected]
EPC The EPC rating for the flat is F – 29. The EPC rating for the commercial premises is E. •
Landlord & Tenant
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Agency
•
Acquisitions
•
Professional
Bonsor Penningtons for themselves and for the vendor of this property, whose agents they are, give notice that (i) these particulars do not constitute any part of an offer or contract. (ii) None of the statements contained in these particulars as to this property are to be relied upon as statements or representations of fact. (iii) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements in these particulars. (iv) The vendor does not make or give, and neither do Bonsor Penningtons Ltd. nor any person in their employment have any authority to make or give any representation or warranty whatsoever in relation to this property.
Commercial Development/Investment 60 Park Road, Kingston Upon Thames, Surrey, KT2 6AU
KINGSTON OFFICE AGENT Warwick Lodge Andrew Pollard 75‐77 Old London Road [email protected] Kingston KT2 6ND
KEY SUMMARY
• • •
Conversion or development opportunity STTP Close to Richmond Park Historic planning consent for residential development
Providing guaranteed commercial property solutions across Surrey, Middlesex, South and West London from our regional offices in Kingston and Ealing Kingston Office – Warwick Lodge, 75‐77 Old London Road, Kingston Upon Thames, KT2 6ND Ealing Office – Boundary House, Boston Road, London, W7 2QE
60, Park Road, Kingston Upon Thames , Surrey, KT2 6AU LOCATION
PLANNING
The subject property is located on the east side of Park Road between the junctions with New Road and Tudor Road just to the south of the Park Road/Kings Road junction. The property is the only non residential dwelling in this part of Park Road and is surrounded by residential dwellings, mainly Victorian semi detached houses and cottages. Park Road runs from the junction with Kingston Hill (to the south) to the Kings Road junction and beyond to the Tudor estate and Richmond Park.
The property is situated in the Royal Borough of Kingston and notable planning applications are as follows:
DESCRIPTION The property comprises a retail shop on the ground floor with residential above plus a two storey workshop and single storey store/garage to the rear. In accordance with the Royal Institution of Chartered Surveyors Code of Measuring Practice 6th Edition we measured the following approximate gross internal floor areas. Please note our measurements for the external store are very approximate due to limted access:
Description Retail Shop Flat Workshop External Store TOTAL
Sq Ft 387 551 1298 242 2,478
•
•
•
2015 – Erection of two semi‐detached three bedroomed dwelling houses – application withdrawn. 2005 ‐ Demolition of factory building and erection of two storey building comprising 2 x 1 bedroom flats – Permission Granted. Development to commence within 5 years of the decision date. 2004 ‐ Demolition of factory building and erection of two storey building comprising 1 x 2 bedroom and 1 x 1 bedroom flats – application withdrawn.
From the most recent application it appears the current permitted use is A1 retail (ground floor shop), B1(c) Light Industrial (rear workshops) and C3 Dwelling Houses (first floor flat).
TERMS The property is for sale freehold with vacant possesion of the shop and workshop and subject to the Assured Shorthold Tenancy in the flat. Our client’s strong preference is for unconditional offers. Price on Application
Sq M 35.95 51.24 120.7 22.5 230.4
LEGAL COSTS
Each party is to be responsible for their own legal and other costs.
CURRENT RATING ASSESSMENT
Shop Rateable Value: £6,600 Rates Payable: £3,168 Work Shop Rateable Value: £4,700 Rates Payable: £2,256 External Store Rateable Value: £1,050 Rates Payable: £504
VIEWING For viewings or further information please contact:
Andrew Pollard 020 8546 0022 [email protected]
James Smith 020 8546 0022 [email protected]
EPC The EPC rating for the flat is F – 29. The EPC rating for the commercial premises is E. •
Landlord & Tenant
•
Agency
•
Acquisitions
•
Professional
Bonsor Penningtons for themselves and for the vendor of this property, whose agents they are, give notice that (i) these particulars do not constitute any part of an offer or contract. (ii) None of the statements contained in these particulars as to this property are to be relied upon as statements or representations of fact. (iii) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements in these particulars. (iv) The vendor does not make or give, and neither do Bonsor Penningtons Ltd. nor any person in their employment have any authority to make or give any representation or warranty whatsoever in relation to this property.
