Double fronted commercial unit, large split level flat, and rear garage to be sold with full vacant possession located in the affluent London suburb of Virginia Water adjacent to Virginia Water railway station. Significant development potential to self-contain the upper parts and extend at the rear (STPP).VAT is not applicable.
Offers are invited in excess of £950,000, subject to contract.
The property has most recently traded as a restaurant, bar and wine shop. The ground floor is arranged as an interconnecting double fronted unit measuring 1,603 square feet (148.92 square metres). The upper parts above 13 Station Parade are internally accessed and arranged as a split-level 3-bedroom flat measuring 1,391 square feet (129.16 square metres). To the rear is a garden and standalone storeroom accessed via a well-maintained service road. Subject to obtaining appropriate consents, there is potential to self-contain the flat from the rear of the property. We are informed that are separate services supplying each part of the building. All interested parties are to rely on their own enquiries with regards to services. Please note that the sizes given are approximate only. All interested parties are advised to rely on their own inspection and survey.
Part of the ground floor has been let to IVC Evidensia on a 15-year lease from January 2025 with a passing rent of £52,000 per annum. The lease allows for CPI linked rent reviews in 2030 and 2035. There are no break clauses. The area demised to IVC Evidenisa is shown in blue on the plan within the brochure.