FOR SALE Waterloo House, Chertsey Road GU21 5AB

SIGNIFICANT RESIDENTIAL FORWARD COMMITMENT OPPORTUNITY

Investment Summary For more information, please contact: • Unique residential development in Woking town centre. • Forward commitment opportunity from a well established Lewis Smith Telephone: 0203 296 2099 developer. Mobile: 07736 282 485 • 25 residential units, arranged as 22 studio apartments, two [email protected] 1-beds and a 2-beds over 5 upper floors. Rufus Morgan • The 25 apartments extend to approximately 997.90 sq m Telephone: 0207 152 5049 (10,741 sq ft) NSA Mobile: 0755 779 9166 [email protected] • ERV of the apartments is approximately £312,000 per annum. Mark Clegg Telephone: 0203 296 2130 • Long leasehold is available for sale as a whole by means of Mobile: 0778 606 2738 Informal Tender. [email protected]

cushmanwakefield.com FOR SALE Waterloo House, Chertsey Road Woking GU21 5AB

Location & Connectivity Waterloo House is situated in Woking, a large and well-regarded commuter town in north-west . Woking is at the south- western edge of the Greater London Urban Area and is a part of the London commuter belt. The property is located 100 yards from Woking Station on the south side of Chertsey Road. The development has a prime spot in the heart of the town centre, right next to Woking Shopping Centre, which is home to 150 stores. There is also a fantastic selection of high street shops, restaurants, bars, cafes and clubs within the immediate area. Woking is a well-established commuter town and is sought after by both investors and occupiers, this in turn provides for excellent fundamentals for rental and capital growth, both of which have been prevalent in Woking in recent years. There is a strong demand from renters in the area for new build, well located and well-designed apartments, Waterloo House is ideally positioned to fulfil this demand. The development has fantastic communication links being 100 yards from Woking Station. The station is serviced by trains and the journey time from Woking to London Waterloo is approximately 24 minutes. Bus services are available from behind the development on The Broadway. Woking is also easily accessible by car being a short distance outside the M25 orbital motorway. Junction 10 of the M25 is a 17-minute drive from Waterloo House. (20-minute drive) and Gatwick Airport (40-minute drive) also provide easy access to many major domestic and international destinations.

Waterloo House FOR SALE Waterloo House, Chertsey Road Woking GU21 5AB

Description Waterloo House is located in the town centre of Woking, 100 yards from Woking railway station. The development comprises 25 apartments arranged over first to fifth floors. The development is arranged as 22 studio apartments, two 1-bed duplex apartments and a 2-bed apartment. There are 7 flats per floor over the first and second floors, 6 flats on the third floor and a further 5 on the fourth floor, with 3 of these units being duplexes also over the fifth floor. The apartments are accessed through a main entrance lobby. The apartments have good sized open plan living spaces as well as contemporary kitchens and bathrooms. The units, along with the communal parts of the building will be finished to a high standard. The total area of the 25 apartments extends to approximately 997.90 sq m (10,741 sq ft) NSA. The likely ERV of the apartments is approximately £312,000 per annum.

The Opportunity • Long leasehold residential forward commitment opportunity in Woking town centre, 100 yards from the train station. • Potential for very good capital and rental growth prospects, the apartments therefore pose a strong medium to long term investment. • Waterloo House is in a excellent position to take advantage of the lack of high-quality rental stock in the immediate area. • Superb central Woking location, with access to London in 24 minutes. • Woking is a sought-after commuter location. FOR SALE Waterloo House, Chertsey Road Woking GU21 5AB

Schedule

Floors Unit No. Type NSA (sqm) sq. ft 1 Manhattan Unit 40.07 431.31 2 Manhattan Unit 37.24 400.85 3 Manhattan Unit 36.00 387.50 1st Floor 4 Manhattan Unit 34.57 372.11 5 Manhattan Unit 38.67 416.24 6 Manhattan Unit 34.24 368.56 7 Manhattan Unit 40.07 431.31 8 Manhattan Unit 39.84 428.83 9 Manhattan Unit 35.79 385.24 10 Manhattan Unit 37.21 400.52 2nd Floor 11 Manhattan Unit 36.70 395.04 12 Manhattan Unit 38.82 417.85 13 Manhattan Unit 34.50 371.35 14 Manhattan Unit 37.33 401.82 15 Manhattan Unit 40.49 435.83 16 Manhattan Unit 36.82 396.33 17 Manhattan Unit 36.37 391.48 3rd Floor 18 Manhattan Unit 38.88 418.50 19 Manhattan Unit 38.13 410.43 20 Manhattan Unit 36.32 390.94 21 2 Bed Flat 60.55 651.75 22 1 Bed Duplex 58.11 625.49 4th Floor 23 1 Bed Duplex 56.69 610.21 24 Manhattan Unit 37.41 402.68 25 Manhattan Unit 37.08 399.13 Total 997.90 10741.30 FOR SALE Waterloo House, Chertsey Road Woking GU21 5AB

Services Viewings

We are informed that mains water, electricity, gas and Inspections can be arranged with prior notice through drainage will be provided. It is the purchaser’s Cushman & Wakefield, the vendors selling agent. responsibility to carry out their own due diligence with Please contact Lewis Smith regards to the services that are provided and that these ([email protected]) for access details. services are correct for any potential future use. VAT Planning The property is not subject to VAT. We have reviewed the Local Planning Authority website regarding town planning matters and understand that Guide Price the existing building is neither statutorily nor locally listed however it is situated within the Woking town On application. centre conservation area. Developer

EPCs LEOS International provides investors with investment The EPC’s will be available on practical completion of management services covering the entire development the apartments process in the UK real estate market. LEOS International currently have development value of £400 Local Authority million+ across the World. These developments total over 800 residential & commercial units within the Woking Borough Council construction pipeline.

Civic Offices Track record available upon request. Gloucester Square Tender Process Woking The long leasehold interest is to be made available for Surrey sale by means of Informal Tender.

GU21 6YL Build programme due to complete August 2020.

Tel: 01483 755855

IMPORTANT NOTICE

Cushman & Wakefield gives notice to anyone who may read these particulars as follows: 1.These particulars are prepared for the guidance only of prospective purchasers. They are intended to give a fair overall description of the property but are not intended to constitute part of an offer or contract. 2. Any information contained herein (whether in the text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. 3. Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor that any services or facilities are in good working order. 4 The photographs appearing in this brochure show only certain parts and aspects of the property at the time when the photographs were taken. Certain aspects may have changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs. Furthermore no assumptions should be made in respect of parts of the property which are not shown in the photographs. 5. Any areas, measurements or distances referred to herein are approximate only. 6. Where there is reference in these particulars to the fact that alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by any intending purchaser. 7. Descriptions of a property are inevitably subjective and the descriptions contained herein are used in good faith as an opinion and not by way of statement of fact. April 2020.