Thameside House, South Street, Staines, TW18 4LZ

Description
Thameside House provides an exceptional development opportunity in the centre of vibrant Staines Upon Thames. The prime location offers the potential to refurbish for alternative uses, subject to planning, such as hotel operation or other uses that would contribute towards the vitality of Staines Upon Thames.

With its close proximity to the M25, Heathrow Airport and other popular local attractions, Thameside House is ideally situated for a high-quality development that would enhance the town's economic vibrancy.

It is recognised that the existing building will require extensive internal remodelling in order to be converted to alternative uses. It should be noted that any proposal which involves demolition of the existing structure is likely to be resisted by our clients.

Location
A wide range of food, drink and retail facilities are within easy reach of Thameside House. Travelling to and from the property is direct and simple.

Viewings
Strictly by appointment through the sole agent.

Terms
Sale by way of long leasehold interest at a peppercorn ground rent. The term of the long lease is to be agreed but is anticipated to be 250 years. It is anticipated that any transaction will be agreed on a subject to planning basis and the Council are also open to alternative structures that may deliver a reduced capital receipt initially but in return for an income stream.

Specifications
Staines Railway Station 10 minute walk
Elmsleigh Shopping Centre 3 minute walk
M25 motorway 11 minute drive
Heathrow T5 12 minute drive

The Building
Dating from the late 1970s, Thameside House is a vacant former office building located in the centre of the bustling Surrey town of Staines Upon Thames. The property occupies a prominent corner site of around 0.58 acres (0.23 ha) and provides accommodation over ground and 3 upper floors, along with a rooftop plant area. The upper floors of the building enjoy views over the River Thames and beyond.

At ground level is undercroft parking for approximately 15 cars with access off Westbrook Road and further public car parking available nearby. Please note that an additional car park for around 30 cars may be available by separate negotiation.

VAT
Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.

Legal Costs
Each party to bear their own legal costs incurred in this transaction.

AML
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.