Grade II Listed Freehold Investment with potential for change of use STPP
Summary
- Grade II listed building
- Terms agreed with Hamptons for new lease, taking back possession of 1st floor office
- Potential to convert vacant 1st floor office to residential flat
- Prime location on High Street
- Parking on-site
- Kitchen and WC
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 857.78 | 79.69 | Let |
| 1st | 468.02 | 43.48 | Let |
| Ground - Unit A | 755 | 70.14 | Let |
| 1st - Flat | 650 | 60.39 | Let |
| Total | 2,730.80 | 253.70 |
Location
Kings House occupies a prominent position on Haslemere’s busy High Street, just a short walk from the mainline station and close to key road links including the A286 and A3. The town’s strong amenities, vibrant community, and scenic setting make it a highly attractive business location.
Get directions from Google Maps
Mainline Stations
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Haslemere9 mins
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Liphook80 mins
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Witley80 mins
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Milford (Surrey)117 mins
Underground Station
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Tadworth480 mins
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Tattenham Corner489 mins
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Chessington South491 mins
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Kingswood499 mins
Further Information
Rates Payable £7,110.75 per annum
Service Charge n/a
Estate Charge n/a
EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days
Description
Kings House is an attractive Grade II property and comprises two retail units on the ground floor, one with an office on 1st floor and a residential flat on the first floor providing a combined income of £49,280 per annum.
Terms agreed for a new 5 year lease with Hamptons for Ground floor only at £16,000 per annum. 1st Floor office will be handed back to Freeholder with separate entrance which has the potential to convert into a 2nd residential flat STPP.
A car park to the rear provides space for 5 vehicles.
Investment details
Raymond Reid Photo (755 sq ft): £16,000 pa - Just renewed 5 year lease.
Flat A (c. 650 sq ft): £940 pcm let on AST
Hamptons Estate Agents Gnd & 1st (857.78 sq ft): £22,000 pa – lease renewal with solicitors for new 5 year lease on Gnd only at £16,000 per annum and to take back possession of 1st floor office (c. 468 sq. ft.), suitable for residential conversion.
Total income: £49,280 pa with potential to increase rental and capital values by completion of Hampton's lease and conversion of 1st floor to residential STPP.
Gallery
