LOT 17

41 Bridge Street, Leatherhead, Surrey, KT22 8BN

FREEHOLD COMMERCIAL INVESTMENT WITH PLANNING PERMISSION FOR CONVERSION OF GROUND FLOOR TO 1 x 1 BED FLAT

Result: Unsold please refer to Auctioneer. Guide price: £135,000 plus*

Auction Date

Thursday, 15th July 2021 12:00pm

An end of terraced Grade II Listed property comprising a split level ground floor shop with separate rear access to a flat above (sold off on a long lease). Located within a conservation area just west of the town centre and about ½ mile from Leatherhead railway station. Leatherhead is an historic market town about 6 miles north of Dorking and 20 miles south west of Central London.

Accommodation

Ground Floor Shop (Split Level): 603 sq ft (56 sq m)

Tenancy Details

Ground Floor: Let on a repairing and insuring lease to Cosy Flooring Ltd for 10 years from 13.03.2013 at £6,500 p.a. Tenant pays £850 p.a. contribution towards the general maintenance of the building.
Upper Part: 999 year lease from 2019 at a peppercorn.

EQUIVALENT TO £6,500 p.a. WITH PLANNING PERMISSION FOR CONVERSION OF GROUND FLOOR TO A 1 BED FLAT

Planning

Planning Permission GRANTED by Mole Valley District Council on 11.06.2021 Ref: MO/2021/0396/PLA for change of use of ground floor and removal of shop signage to allow conversion to 1 flat (Use Class C3).
Approved plans show a 1 bed flat.

EPC Rating

C

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

Status

Unsold please refer to Auctioneer.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.