OFFICE BUILDING SET WITHIN 2.18 ACRES FOR SALE BAGSHOT MANOR GREEN LANE, BAGSHOT SURREY, GU19 5NL 28,648 SQ FT (2,661.40 SQ M)
SITUATION Bagshot Manor is situated on Green Lane, Bagshot. The property is easily accessible from both Bagshot town centre and the M3 Junction 4. DESCRIPTION Bagshot Manor is a refurbished office campus constructed in the late 1980's. The property is laid out over ground and first floors with a part second floor for plant room. The property is set within its own grounds of 2.18 acres and includes 110 parking spaces. Internally the property includes air conditioned space with a mixture of open plan offices and well designed meeting room suites. The space includes a full canteen on the ground floor.
ACCOMMODATION
Total (Gross Internal GF & FF)
Sq. M. 2,661.40
RATING ASSESSMENT The Rateable Value of the property is £375,000 per annum as it stands. ENERGY PERFORMANCE CERTIFICATE The property will be sold for development therefore no EPC is required.
Sq. Ft. 28,648
PLANNING Phase 1 - The property has planning consent under permitted development for the conversion of the ground and first floor office space to 39 apartments (35 x 1-bedroom, 4 x 2-bedroom). Phase 2 - The property has potential, subject to planning, to add a further 12 apartments into the roof space and two blocks of 10 apartments to the grounds. An alternative would be 10 houses in the grounds. Sketch designs are available. PROPOSAL Offers are sought in excess of £5m (Five Million Pounds) for phase 1. An overage is sought for phase 2, whereby purchaser will be required to seek to maximise planning consent and pay to vendor the land value attributable. VAT is applicable. LEGAL COSTS Each party is to be responsible for their own costs. VIEWING Contact Shane Prater on 01635 262510 or Email:
[email protected] June 17