162 & 164 Central Rd Worcester Park, KT4 8HQ, Worcester Park

Guide price

£325,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Potential 1st floor office to 2 bed flat, permitted development rights class MA
  • Plans for a 2 bed flat at 1st floor and floor at roof level -1 bedroom flat
  • Worcester Park train station located an approx. 0.2 miles from the property
  • 6 week completion available
  • Comprising of vacant 1st floor office & 2nd floor flat (2 bedroom) let
  • Potential to add additional floor in the roof eaves & create a 1 bedroom flat
  • Asset management to let the vacant office and improve the passing income
  • No VAT on sale price
  • 2nd Floor flat let at £16,800 p.a.

Description

A mid-terrace mixed-use property comprising a vacant first floor office and a self-contained two-bedroom flat at second floor level, currently let and producing £16,800 per annum.(please note the ground floor commercial unit is not included in this sale)

The property offers asset management and development opportunities, including conversion of the vacant office to residential use (2 bedroom flat), potentially under Class MA permitted development rights (subject to obtaining any necessary approvals), together with scope to create an additional one-bedroom flat within the roof space, subject to the requisite consents.

We believe the 1st floor office was previously used as residential use (incoming purchaser to do their own du diligence)

Sketch plans have been prepared for both the office conversion and proposed roof-level accommodation.

The self-contained upper floors can be both accessed at the front of the property and at the rear.

The property is prominently situated on Central Road, Worcester Park's principal retail and commercial thoroughfare. The area provides a strong mix of national and independent occupiers together with established residential neighbourhoods, making it a popular commuter and suburban market in south west London.

Transport
Worcester Park railway station is approximately 0.2 miles from the property and provides regular Southern services to London Waterloo. The A3 and M25 are also readily accessible, offering convenient road connections across London and the South East.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

162 & 164 Central Rd Worcester Park, KT4 8HQ, Worcester Park

NEAREST STATIONS

National Rail

Worcester Park Station

0.12 miles

National Rail

Malden Manor Station

0.85 miles

National Rail

Motspur Park Station

1.11 miles

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Disclaimer - Property reference 1531C88C-B2EE-49D5-8FB0-D9EAB5DA01D9. 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 Savills National , Savills Auctions- Commercial. 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.