Shaftesbury House, 14 School Hill, Merstham, Surrey RH1 3EG

Offers in excess of £1,400,000

Freehold development opportunity subject to planning permission for six apartments and seven houses

Permission granted to create six apartments & seven houses of approximately 12,034ft2 (1,118m2)

Site area of approximately 0.03 hectares (0.074 acres)

Located in Merstham

Freehold

Offers in excess of £1,400,000

Description

Highfield are pleased to offer for sale this vacant care home facility on a site area of approximately 0.03 hectares. Located just to the south of Merstham Village, it is well placed within an area with a predominance of residential properties which, forms the basis of the character of the site and of the surrounding area. Planning has been submitted for the conversion of the existing Victorian property to provide two apartments. Demolition of all other buildings and construction of four apartments and seven houses with car parking and associated landscaping.

Location

The site is located in Merstham, Surrey and is within the borough of Reigate and Banstead. The village offers a good range of independent shops, restaurants, pubs and art gallery. Merstham Cricket Club Ground and Reigate Hill Golf Course are both close by as well as the expansive open spaces of National Trust Reigate Hill and Gatton Park, hosting events and educational programmes.

There is a selection of primary and secondary schools, within a mile of the site, all rated as ‘good’ by Ofsted.

Transport

Merstham station is 0.2 miles away with trains into London Victoria taking 32 minutes. For road users, Merstham is served by the M25 providing access to Central London, which lies just 19 miles away with Gatwick Airport within easy access.

Planning Permission

The application was validated on the 22nd June 2017 on Reigate & Banstead Councils’ website and is awaiting a decision under planning reference 17/00444/F. The proposed development is for the conversion of the original villa to provide 2 apartments. Demolition of all more recent additions and construction of 4 apartments and seven houses with car parking and associated landscaping.

Viewings

The site can be adequately viewed from the public highway in the first instance. Please arrange site access with a member of the Highfield team.

Additional information

Planning and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team.

Financial Information

The site is liable for a Mayoral CIL and Kingston upon Thames CIL of approximately £89,440.

VAT

We understand VAT is not applicable.

Tenure

Freehold.

Terms

We are inviting offers in excess of £1,400,000 subject to contract.

Schedule

Unit Type Beds m2 ft2
Unit 1
Type Apartment (refurb)
Beds 2
m2 82
ft2 883
Unit 2
Type Apartment (refurb)
Beds 2
m2 82
ft2 883
Unit 3
Type Apartment
Beds 2
m2 61
ft2 657
Unit 4
Type Apartment
Beds 2
m2 61
ft2 657
Unit 5
Type Apartment
Beds 2
m2 61
ft2 657
Unit 6
Type Apartment
Beds 2
m2 61
ft2 657
Unit 7
Type End of terrace
Beds 2
m2 82
ft2 883
Unit 8
Type Terrace
Beds 2
m2 82
ft2 883
Unit 9
Type End of terrace
Beds 2
m2 82
ft2 883
Unit 10
Type Semi-detached
Beds 3
m2 116
ft2 1,249
Unit 11
Type Semi-detached
Beds 3
m2 116
ft2 1,249
Unit 12
Type Semi-detached
Beds 3
m2 116
ft2 1,249
Unit 13
Type Semi-detached
Beds 3
m2 116
ft2 1,249
Unit
Type
Beds Total
m2 1,118
ft2 12,034

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.