Detached Retail Property FREEHOLD FOR SALE UNDER OFFER
4 Church Street · Cobham · Surrey · KT11 3EG
A rarely available retail and residential freehold located in the thriving centre of Cobham
Currently trading as Spectrum Health Care, a profitable optician’s business providing additional health services.
LOCATION: Located in Cobham’s historic Church Street, a detached character building with twin retail aspects.
Cobham is one of Surrey’s sought after town centre locations serving a catchment area comprising one of the country’s most affluent populations.
Cobham’s main High Street is just a few paces away, with Church Street providing an increasingly popular destination for specialist shoppers. The River Mole, Old Mill and the famous restaurant La Capanna Restaurant are close by.
The property is has a frontage to Church Street and a return frontage with main entrance east towards the High Street. There is scope for installation of additional shop windows (STPP). Church Street is a conservation area.
Outline planning consent has recently been granted for a retail shopping precinct to the side and rear of the property – it is expected that this will further enhance the shopping pedestrian flows in this vicinity.
DESCRIPTION: A detached Victorian building recently extended in keeping with the original architecture. Ground floor retail (A1) premises are complemented by self-contained ground and first floor residential accommodation, on-site parking and garden. The entire property is presented in excellent order with many original period features including fireplaces, sash windows & flooring. There is scope for extension to the retail and / or residential area, subject to planning permission (STPP).
ACCOMODATION:
Retail
Shop / reception area - 324 sq.ft / 30.11 sq.m
Practice room 1 - 75.4 sq.ft / 7 sq.m
Practice room 2 - 91.3 sq.ft / 8.48 sq.m
WC and kitchenette
Residential (ground floor)
Dining Area - 140 sq.ft / 13 sq.m
Kitchen - 96 sq.ft / 8.92 sq.m plus small cellar
Residential (first floor)
Lounge - 204.5 sq.ft / 19 sq.m
Study - 100.5 sq.ft / 9.34 sq.m
Bedroom 1 - 174.8 sq.ft / 16.24 sq.m
Bedroom 2 - 100 sq.ft / 9.3 sq.m
Bedroom 3 - 70.3 sq.ft / 6.53 sq.m
Bathroom
AMENITIES:
· Detached character building
· Prestigious historic road
· Aspect to High Street
· Rarely available live-work configuration
· Superbly presented
· Original period features including fireplaces, floorboards & quarry tiled floors
· Vacant possession or existing business available for transfer
· Potential for other uses, e.g. A2, D1 etc., STPP.
· On-site parking and walled garden.
TERMS: The premises are available with full vacant possession on completion of sale.
Enquiries for continuing the existing health care practice are welcome – sale is due to retirement of the business principle.
PRICE: £950,000 Freehold
Should the property be sold for re-development within the next 10-years an overage provision of 50% of gain in value will be required – details on request.
BUSINESS RATES: We have been verbally informed that the premises have the following business rate assessment:
2000 Rateable Value £5200
Uniform Business Rate £0.444 (as of 31.03.04)
Rates payable £2309 p.a. approx
LEGAL COSTS: Each party to bear their own legal costs in the proposed transaction.
VIEWING Strictly by appointment with the sole sales agents.
Patient client base is unaware of proposed sale.
CLICK HERE for location
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