Consented Residential Development Site with Parking in Affluent Town Centre

 

Summary

  • Central location ten-minute walk from train station
  • Affluent area
  • Walking distance to local amenities
  • Site size 0.39 acres
  • 14,614 sq ft existing GIA
  • 21,743 sq ft proposed GIA
  • Consent for conversion to 14 flats
  • 14 Car spaces post development (42 existing)
  • Scope to improve upon existing planning consent
  • Freehold
  • Offers in excess of £1.75 million

Accommodation

The accommodation comprises of the following

NameFloor/UnitDescriptionSq ftSq m
Lower Ground Lower Ground - 527 48.96
Ground Ground - 4,637 430.79
1st 1st - 5,597 519.98
2nd 2nd - 3,853 357.96
Total  14,6141,357.69
Queensmere House, 49 Queens Road - Image 2.jpg

Location

Situated behind the town’s main retail area and only a 10 minute walk from the railway station, the property is ideally located with easy commuting options.

East Grinstead Railway station offer services into London Victoria and The M23 is only a 20 minute drive away by car which provides easy access to Gatwick Airport and the M25.

Get directions from Google Maps

Further Information


Description

The property comprises a former educational facility of concrete frame construction under a series of tiered pitched tile roofs. The property is arranged internally four floors with an under croft area located at the rear of the property. Stairwells are allocated at both the north and the south ends of the buildings in addition to a lift well.

Terms

We are instructed to seek unconditional offers in excess of £1,700,000 for the freehold interest

Planning

Under planning reference DM/17/2725 permission was granted for conversion to 14 flats. Groundworks have been undertaken to ensure the continued validity of the planning consent, and MSDC has confirmed planning is extant.

The proposed plans are for the development of 14 flats as per the below schedule. This would see a new additional set back third floor and the infilling of existing under croft areas.



It is felt that there is scope to improve upon the existing consent by increasing the number units and or altering the configuration. This would be subject obtaining the necessary consent and parties will need to take their own advice in this regard.

For further information please contact mking@vailwilliams.com for access to the data room………

Tenure

The property is held freehold under title number WSX2709

VAT

We understand the property is not elected for VAT

Legal Costs

Each party to bear their own professional costs incurred in the transaction.

Anti-Money Laundering Requirements

In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.