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Lot 8

Freehold Vacant Bank – Refurbishment/Development Opportunity for investors or Developers – (only £70 per sq ft)
6 week completion

Situation

Located close to the junction with Windsor Street within the established shopping area of Chertsey amongst multiples such as Sainsburys, Poundstretcher, Pizza Express, One Stop & Post Office and Costa Coffee along with other local traders.
Chertsey is a popular town in Surrey which lies approximately 18 miles south-west of central London benefitting from excellent road links via the M3 (Junction 2) and M25 (Junction 12) lying 6 miles south of Heathrow Airport.

Property

An attractive mid terraced Grade II Listed building comprising a Ground Floor former Banking Hall with rear Ancillary/Office/Staff Accommodation plus separate front access to Self-Contained Offices on the first floor.
We understand that there is a Basement but there is no visible means of access to it.
The property benefits from a gated Rear Car Park accessed from London Road with parking for at least 6 cars.

VIDEO TOUR

Click here to view the video tour of the Ground Floor.

Click here to view the video tour of the First Floor.

VAT is NOT applicable to this Lot

Accommodation

Ground Floor Banking Hall
Gross Frontage	37'3"
Internal Width	29'6"
Rear Width	33'9"
Bank Depth	32'5"
Built Depth	52'9"
2 WCs
GIA	Approx. 1,800 sq ft incl. 2 WCs
Basement - Not Inspected
First Floor Offices
GIA	Approx. 1,770 sq ft incl. 2 WCs
Total GIA	Approx. 3,570 sq ft

FREEHOLD offered with VACANT POSSESSION

Note: Planning Permission and Listed Building Consent have been granted (4th October 2023) by Runnymede Borough Council for an additional floor and internal renovations to provide 5 × 2 bed flats and rear balconies and retaining a commercial space of 710 sq ft on the ground floor, following the demolition of the first floor and parapet portion of the rear wall. (Planning Ref: RU.23/0253 & RU.23/0251).

Click here to view the Documentation for Planning Ref: RU.23/0253.

Click here to view the Documentation for Planning Ref: RU.23/0251.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

118–120 Guildford Street, Chertsey, Surrey KT16 9AH