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Commercial Property for sale

High Street, Ewell Village, KT17

Removed £795,000

Property Description

Full description

Tenure: Leasehold

A GRADE 2 LISTED PROPERTY FORMED OF TWO BUILDINGS.
31 High Street - Ground floor providing bar and restaurant trading areas. 1st floor provides independent self contained offices.
2 Cheam Road - Ground floor providing bar and restaurant trading areas and basement. First floor providing one x 1 bedroom flat and one x 2 bedroom flat.

The property is held on a 125 year lease for a term from 25th August 1988 at a peppercorn rent without review.
The unexpired term is 97 years.
The Freehold may be available by separate negotiation.

GUIDE NOTES AND COMMENTS ON THE PROPERTY:

The property comprises two original buildings.

The main corner building, 31 High Street, is listed Grade 2 as a building of special historical and architectural importance. This property is arranged of 2 floors with the ground floor providing Bar and Restaurant in recent years and with the first floor providing independent self contained offices. This property is some 400 years old of brick and timber beam construction with slated roof.

The second building, 2 Cheam Road is arranged on part basement, ground and first floors. This also has provided bar and restaurant trading areas on the ground floor with a cellar in the basement and residential accommodation on the first floor arranged as one, one bedroom flat and one, two bedroom flat. The property is of traditional brick construction with a slate roof.

The ground floor commercial area of 31 High Street and 2 Cheam Road was last used as bar and restaurant of approximately 2,000ft2 of trading space plus an additional 315ft2 of kitchen and stores, 2 female and two male w.c’s plus private rear garden.

The 1st floor of 31 High St comprises approximately 900ft2 of office space plus small kitchen and w.c..

Flat 1 has recently been let at £850 pcm although now vacant.
Flat 2 has a ERV of £950 pcm

HISTORY NOTES:

2 Cheam Road: The earliest mention of the Star Beerhouse as such is contained in the 1871 Census. The use continued until 1960 when it became an off licence, bar and restaurant known as “The Loose Box”. After several more changes it and the adjoining premises 31 High Street were re-named “The Star” in 1999.

31 High Street: From 1824 - 1903 the premises were used as the Post Office. Late 16thC and early 17thC periods of construction are noted with late 18thC bow windows. It became a bank in about 1904. Occupier in 1911 was the London and Provincial Bank and continued until 1917 when it was taken over and subsequently merged into Barclays Bank who remained until 1960.

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