North Street, Leatherhead, Surrey, KT22
£102.88 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,318 sq ft
587 sq m
- SECTOR
Residential development for sale
Key features
- Freehold mixed-use building (retail and flats sold off) with rear car park situated on a site of circa 0.41 acres
- Planning permission in the rear car park for 9 x apartments (4 x 1 bed, 3 x 2 bed & 2 x 3 bed) totalling 6,318ft²
- Potential for further redevelopment by creating additional storeys STPP
- To be offered for sale with a guide price of £500,000+ in the Allsop auction on 21st and 22nd May 2025, unless sold prior
- Investment Opportunity
Description
To the rear of Grantham house is a surface level car park (circa 0.25 acres) which has planning permission for a new build development of 9 x apartments. Access to the car park is taken directly via North Street via the side of Grantham House.
Location:
The property is located in the centre of Leatherhead, Surrey along North
Street.
The immediate area comprises of a mixture of commercial and residential uses with local amenities such as shops, restaurants and bars, located along Bridge Street and the High Street, which is less than 0.1 miles from the property.
Leatherhead train station is 0.3 miles (5 minute walk) from the property providing national rail services into London Waterloo in 48 minutes.
Planning and Development Potential:
Planning permission was approved on 13th June 2022 (reference: MO/2021/1026) for the erection of a 4-storey building in the rear car park to create 9 x residential apartments comprising 4 x 1 bed, 3 x 2 bed & 2 x 3 bedroom units extending to approximately 6,318ft² in total. The planning consent is subject to a CIL payment of £269,169.58.
The property offers potential for further redevelopment by increasing the approved density and building additional storeys and on top of Grantham
House subject to obtaining the necessary consents. Feasibility studies have been produced to show the potential for up to 28 flats on the site with further information available upon request.
Terms:
To be offered for sale with a guide price of £500,000+ in the Allsop auction on 21st and 22nd May 2025, unless sold prior.
Brochures
North Street, Leatherhead, Surrey, KT22
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leatherhead Station0.3 miles
- Ashtead Station1.8 miles
- Bookham Station2.4 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kingsbury, London on 020 7193 4921.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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