Silvergate, Redfields Park

Redfields Lane, Church Crookham , Fleet, Hampshire, GU52 0RD

30,000 sq ft Offices, Development (Land & Buildings), For Sale

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Business unit of circa 30,000 sq ft and 121 car spaces with Permitted Development for Change of use to 44 flats.

Property Type Offices, Development (Land & Buildings)
Tenure For Sale
Size 30,000 sq ft
Freehold Price Offers in excess of £3,250,000 subject to contract only
Business Rates £113,523 per annum (based on rateable value of £237,000) england-standard
Energy Performance Rating This property has been graded as 112 E

Key Points

  • Freehold for sale with vacant possession.
  • Prior Notification Approval for Proposed Change of use to 44 dwellings.
  • Detached two storey business HQ of approximately 30,000 sq ft.
  • Excellent car parking – 121 parking spaces.
  • Suitable for owner occupier, developer or investor.

Location

Fleet is in the heart of the M3 Blackwater Valley, 40 miles south west of Central London, 17 miles south east of Reading and 15 miles west of Guildford.
The property is situated at the entrance of the Redfields Park, Church Crookham, which is located two miles to the south of Fleet and a short distance from the A287. The M3 motorway can be accessed at either junction 4a (Fleet), or junction 5 (Hook) both approximately 6 miles away. Mainline railway services to London Waterloo are available in both Fleet (42 minutes) and Hook (60 minutes).

Specification

Silvergate comprises a existing detached two storey office/business building of approximately 30,000 sq ft at the entrance to Redfields Park.

The site area is approximately 1.21 acres.

The existing building provides a mixture of open plan and partitioned offices, meeting rooms or training rooms. There is also laboratory and storage space on both ground and 1st floors. A kitchen/staff breakout facility is located on the 1st floor. Each floor has an approximate floor area of 15,000 sq ft.

Planning;

The property has Prior Notification Approval (General Permitted Development) for Change of Use from Class B1 (a) to 44 residential dwellings (44 flats) under Class 3 use, (granted by Hart District Council on 12/4/2017 ref 17/00244/prior).

This Prior Approval is for 44 dwellings comprising;

Accommodation

Studio

1 bed

 

2 bed

Total

Ground floor

10 units

(Total 401 sq m)

8 units

(Total  440 sq m)

4 units

(Total 310 sq m)

22 flats

(Total 1,151 sqm)

1st Floor

10 units

(Total  401 sq m)

8 units

(Total 440sq m)

4 units

(Total 310 sq m)

22 flats

(Total  1,151 sqm)

Total

20 units

(Total 802 sq m)

16 units

(Total 880 sq m)

8 units

(Total 620 sq m)

44 flats 

(Total 2,302 sq m)

There may be potential for further development of the premises or site , subject to planning consent.

Terms

The freehold of the property is offered for sale with vacant possession.

Offers are invited in excess of £3,250,000 (Three Million, Two Hundred and Fifty Thousand Pounds), exclusive of VAT and subject to contract only.

A purchase at this level reflects a low capital value of approximately £108 psf.

 

We have been instructed to request that interested parties submit their best written offers for the freehold purchase of the above property by 12.00pm on Friday 12th May 2017.

Viewings

Data room; To request access to the data room, please contact Leigh Thomson on 01252 816061 or email leigh.thomson@hurstwarne.co.uk 

Viewings; To arrange a viewing or to discuss the property in more detail please call our Hurst Warne Fleet office on 01252 816061.

Peter Richards (07803 078011)peter.richards@hurstwarne.co.uk 

or 

Steve Barrett (07894 899728) Steve.barrett@hurstwarne.co.uk