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  • For Sale
  • Offers Over £950,000
  • 12-13 Station Parade, Virginia Water, Surrey, GU25 4AB
  • Mixed-Use Freehold Investment

Mixed-Use Freehold Investment

| May 2, 2024

Executive Summary

  • Double fronted commercial unit, large split level flat, and rear garage to be sold with full vacant possession
  • Located in the affluent London suburb of Virginia Water adjacent to Virginia Water railway station
  • Development potential to self-contain the upper parts and extend at the rear (STPP)
  • VAT is not applicable
  • Offers are invited in excess of £950,000, subject to contract
  • EPC Rating - C

Location
The property is situated within a busy mixed-use parade in the affluent London suburb of Virginia Water. Nearby occupiers include Costa Coffee, Chancellors, Knight Frank and a range of independent operators. Virginia Water train station is immediately adjacent to the property and provides a direct service to London Waterloo in 45 minutes. Access to the M3 is 1 mile away, which in turn provides access to the M25. Heathrow airport is 7 miles north of the property.

Please note all times and distances given are approximate only.

Description
The property has most recently traded as a restaurant, bar and wine shop. The ground floor is arranged as an interconnecting double fronted unit measuring 1,603 square feet (148.92 square metres). The upper parts above 13 Station Parade are internally accessed and arranged as a split-level 3-bedroom flat measuring 1,391 square feet (129.16 square metres). To the rear is a garden and standalone storeroom accessed via a well-maintained service road. Subject to obtaining appropriate consents, there is potential to self-contain the flat from the rear of the property.

We are informed that are separate services supplying each part of the building. All interested parties are to rely on their own enquiries with regards to services.

Please note that the sizes given are approximate only. All interested parties are advised to rely on their own inspection and survey.

Tenure
The properties are to be sold with full vacant possession. 12 Station Parade is held on a 999-year lease. 13 Station Parade is freehold.

VAT
We understand that the property has not been elected for VAT.

Terms
Offers are invited in excess of £950,000, subject to contract.

Viewings
Viewings are strictly by appointment through Harston&Co.

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The Site and all the content on the Site is provided for use "as is" and "as available" and any reliance upon the same is at your sole risk. Whilst We take all reasonable care to ensure that the content on this Site is accurate, We cannot guarantee its accuracy and We reserve the right to change the content on this Site at any time. We make no representations or warranties of any kind with respect to this Site or the content of the Site, including any text, graphics, advertisements, links or other items. Further more, neither We nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either expressed or implied as to the condition, quality, performance, accuracy, fitness for purpose, completeness or freedom from viruses of the content contained on the Site or that such content will be accurate, up to date, uninterrupted or error free.