Claygate House

Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale www.kingsbury-consultants.co.uk Claygate House, Littleworth Road, Esher, Surrey KT10 9PN HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS SUMMARY • 3 inter-connecting B1 office buildings extending to 51,601ft2 GIA, occupying a site area of circa 2.2 acres, including 78 car parking spaces • Prior Approval application pending for conversion of all 3 buildings to provide 59 residential apartments totalling 36,442ft2 NSA • Full planning applications pending to develop 15 new apartments via roof extensions and for elevational alterations • Sought-after residential location within 15 minute walk of Claygate Station and Esher Station (direct links to London Waterloo in circa 30 minutes) • Offers invited in excess of £12,000,000 for the freehold interest, with an additional payment of £2,000,000 subject to approval of the 15 unit roof space application www.kingsbury-consultants.co.uk Claygate House, Littleworth Road, Esher, Surrey KT10 9PN HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS DESCRIPTION The property comprises 3 inter-connecting office buildings; Claygate House, Rythe House and The Link Building. Claygate House extends to circa 33,842ft2 GIA across ground, 1st and 2nd floors. It was originally constructed in the 1970’s. Rythe House extends to 11,560ft2 GIA over ground, 1st and 2nd floors and The Link Building extends to 6,200ft2 GIA over ground and 1st floors. Both were constructed as extensions to Claygate House. The buildings occupy a site area of approximately 2.2 acres which includes attractive landscaped grounds and surface level car parking for 78 vehicles. Access to the site is taken via Littleworth Road. The complex is currently occupied as a headquarters by Diary Crest, although it will be sold with full vacant possession on completion. ESHER STATION LOCATION ESHER HIGH STREET The property is located on Littleworth Road between the Surrey towns of Esher and Claygate. The Local Authority is Elmbridge Borough Council. Littleworth Road is an attractive street which is predominantly occupied by high-quality residential properties, and the surrounding area also comprises residential uses and green open space. There are numerous shops, restaurants and other commercial amenities within the town CLAYGATE STATION centres of Claygate (0.6 miles) and Esher (0.8 miles). Claygate Station is located approximately 0.7 miles to the south-east of the property and Esher Station located approximately 1 mile to the north, both providing direct trains to London Waterloo with journey times of circa 30 minutes. www.kingsbury-consultants.co.uk Claygate House, Littleworth Road, Esher, Surrey KT10 9PN HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS PLANNING & DEVELOPMENT POTENTIAL Studios 1 Bedroom 2 Bedroom 3 Bedroom Total NSA ft2 Claygate House WIDER PROPERTY PD Conversion 0 13 25 0 38 23,741 Roof Extention 0 5 3 2 10 6,671 A Prior Approval consent for conversion to residential use has been established over the entire property, including the Pavilion building. Rythe House PD Conversion 0 6 7 0 13 8,245 Note the Sellers will retain the Pavilion and part of the car park for future redevelopment of a Roof Extension 0 1 2 0 3 2,445 new build scheme comprising circa 36 apartments and 11 houses. Indicative plans can be found in our dataroom. The areas being retained by the Seller are hatched in blue on the plan. The Link Building PD Conversion 2 4 2 0 8 4,456 PROPERTY TO BE SOLD (59 UNITS) Roof Extension 0 0 0 2 2 1,617 A Prior Approval application has been submitted for conversion of the Claygate House, Total 2 29 39 4 74 47,175 Rythe House and The Link Building to provide 59 residential apartments under Permitted Development Rights. The proposed scheme comprises 2 x studio, 23 x 1 bedroom and 34 x 2 bedroom units totalling 36,442ft2 NSA. All apartments are for private sale with no affordable housing provision required. No Section 106 obligations or CIL liabilities apply. ROOF EXTENSION APPLICATION (15 UNITS) A detailed planning application was validated on 19th December 2018 (ref: 2018/3782) proposing 2nd and 3rd floor roof extensions above Claygate House, Rythe House and The Link Building to provide 15 residential apartments. This scheme comprises 5 x 1 bedroom, 5 x 2 bedroom and 5 x 3 bedroom units totalling 10,733ft2 NSA. It is expected that 6 apartments (3 x 1 bedroom, 2 x 2 bedroom & 1 x 3 bedroom units) will need to be provided as affordable housing. EXTERNAL ALTERATIONS APPLICATION A detailed planning application has been submitted for alterations to the fenestration of the existing buildings and the car parking layout. www.kingsbury-consultants.co.uk Claygate House, Littleworth Road, Esher, Surrey KT10 9PN HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS TENURE The property will be sold freehold with vacant possession on completion. VAT The property is not elected for VAT. TERMS Offers are invited in excess of £12,000,000 for the freehold interest. subject to an additional payment of £2,000,000 in the event that planning permission is approved for the roof extension application. ADDITIONAL INFORMATION Further information including planning and legal documents are available within our dataroom using the access code ‘Claygate’. CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents: Paul Heale 020 7183 2529 [email protected] Ross Kemp 020 7183 2529 [email protected] Kingsbury 1st Floor, 81 Alie Street, London E1 8NH Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268..

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