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COMMERCIAL

Princess Way & Albert Road, Camberley

Offers in Region of
£1,650,000
Shaw & Co, Land and New Homes
PROPERTY TYPE

Residential Development

SIZE

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Key features

  • Planning Permission Granted
  • 3 Retail Shops & 10 Flats
  • S106 - £31931.68
  • Freehold Commercial Building
  • CIL - £117,000 APPROX
  • Rental Income - £76,000 per annum

Description

Freehold commercial building benefiting from full planning permission to convert the upper parts and extend the existing structure to create residential flats. The property currently consists of three ground floor commercial units, with the upper floor occupied as a martial arts school. Planning consent has been granted to transform the first floor into four flats and to add two additional storeys, providing a further six flats.

Planning for - 7 x 1 beds, 2 x 2 beds, 1 Studio Flat & retaining the 3 existing commercial units

The retail units are currently generating a rental income of £76,000 Per Annum.

The property is situated in a popular and thriving location, surrounded by a wide variety of local shops, restaurants and the Camberley Mall. Within walking distance to Camberley Train Station, providing convenient links into the city.

GIA - New builds - 3962 SQFT
Conversion - 2142 SQFT
Commercial - 1906 SQFT

S106 - £31,931.68 / CIL - £117.000 APPROX scl-land

Brochures

Princess Way & Albert Road, Camberley

Princess Way & Albert Road, Camberley

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Camberley Station0.1 miles
  • Blackwater Station1.4 miles
  • Frimley Station1.7 miles

About Shaw & Co, Land and New Homes

10 Central Parade, Hounslow, TW5 0LH
Industry affiliations:Industry affiliation logo 0

Notes

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Disclaimer - Property reference 34613318. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Shaw & Co, Land and New Homes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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