24 Station Approach,
Tadworth, Surrey KT20 5AJ
Offers in excess of £1,100,000
Freehold development opportunity with planning permission for 7 apartments
Permission granted for the conversion & extension of the existing property to create 7 apartments measuring approximately 4,747ft2
Site area of approximately 4,122ft2
Located in Tadworth
Freehold
Offers in excess of £1,100,000
Description
The existing property comprises a dual aspect corner building set over lower ground, ground, first and second floors. The lower ground and ground floor was most recently utilised as a Barclays Bank with ancillary office space on the first and second floor. The site now benefits from planning permission for the alterations and extensions to provide 7 residential apartments, 3 x 1-bed & 4 x 2-bed of approximately 4,747ft2.
Location
The site is located in Tadworth, Surrey and is within the borough of Reigate and Banstead. Tadworth is a small town located south-east of Epsom. The large towns of Leatherhead, Sutton and Kingston are nearby. Tadworth town centre has a village feel, with a selection of independent shops and pubs.
There are many local attractions nearby including Tadworth Leisure Centre, three golf courses, the National Trust run Headley Heath and Epsom Downs Racecourse. There are a good choice of primary and secondary schools within a mile of the site, in addition to a selection of Independent schools in the area.
Transport
The site is ideally located just 300ft from Tadworth train station, with trains into London Bridge taking 50 minutes. Junction 8 of the M25 is 3 miles away.
Planning Permission
The site was granted planning permission on the 22nd February 2018 under application number 17/02433/F for the change of use from a former bank use class A2 to residential use class C3, with alterations and extensions at roof level and rear extension to provide seven self-contained apartments and associated development.
Viewings
Please contact sole agents Highfield Investments to arrange access.
Financial Information
The property is liable for a Reigate & Banstead CIL of approximately £42,000
VAT
We understand that VAT is not applicable.
Tenure
Freehold.
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.
Terms
We are inviting offers in excess of £1,100,000 for the freehold interest.
Schedule
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.