Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury

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Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury
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Claygate House, Littleworth Road, Esher, Surrey KT10 9PN
Office Building with Prior Approval For Sale
Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury
www.kingsbury-consultants.co.uk                                                     Claygate House, Littleworth Road, Esher, Surrey KT10 9PN

                                                             HOME   SUMMARY   DESCRIPTION & LOCATION          DEVELOPMENT            TERMS

SUMMARY
• 		 3 inter-connecting B1 office buildings extending to
     51,601ft2 GIA, occupying a site area of circa
     2.2 acres, including 104 car parking spaces

• 		 Prior Approval application pending for conversion
     to 59 residential apartments totalling 36,442ft2 NSA

• 		 Full planning applications pending to develop
     15 new apartments via roof extensions and for
     elevational alterations

• 		 Sought-after residential location within 15 minute
     walk of Claygate Station and Esher Station (direct
     links to London Waterloo in circa 30 minutes)

• 		 Offers invited in excess of £12,000,000 for the
     freehold interest, with an additional payment of
     £2,000,000 subject to approval of the 15 unit roof
     space application
Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury
www.kingsbury-consultants.co.uk                                                                                             Claygate House, Littleworth Road, Esher, Surrey KT10 9PN

                                                                                                  HOME   SUMMARY      DESCRIPTION & LOCATION          DEVELOPMENT            TERMS

DESCRIPTION
The property comprises 3 inter-connecting office buildings; Claygate House, Rythe House and
The Link Building.

Claygate House extends to circa 33,842ft2 GIA across ground, 1st and 2nd floors. It was
originally constructed in the 1970’s.

Rythe House extends to 11,560ft2 GIA over ground, 1st and 2nd floors and The Link Building
extends to 6,200ft2 GIA over ground and 1st floors. Both were constructed as extensions to
Claygate House.

The buildings occupy a site area of approximately 2.2 acres which includes attractive
landscaped grounds and surface level car parking for 104 vehicles. Access to the site is taken
via Littleworth Road.

The complex is currently occupied as the headquarters of Diary Crest, although it will be sold
with full vacant possession on completion.

                                                                                                                                   ESHER STATION
LOCATION                                                                                                     ESHER HIGH STREET

The property is located on Littleworth Road in Esher, Surrey. The Local Authority is Elmbridge
Borough Council.

Littleworth Road is an attractive street which is predominantly occupied by high-quality
residential properties, and the surrounding area also comprises residential uses and green
open space.

There are numerous shops, restaurants and other commercial amenities within the town
                                                                                                                                   CLAYGATE STATION
centres of Claygate (0.6 miles) and Esher (0.8 miles).

Claygate Station is located within walking distance to the south-east of the property and
Esher Station located again, within walking distance to the north, both providing direct trains
to London Waterloo with journey times of circa 30 minutes.
Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury
www.kingsbury-consultants.co.uk                                                                                                     Claygate House, Littleworth Road, Esher, Surrey KT10 9PN

                                                                                                HOME       SUMMARY            DESCRIPTION & LOCATION          DEVELOPMENT            TERMS

PLANNING & DEVELOPMENT POTENTIAL                                                                                        Studios   1 Bedroom 2 Bedroom 3 Bedroom        Total      NSA ft2
                                                                                                                                          Claygate House
WIDER PROPERTY                                                                                         PD Conversion      0          13             25        0         38        23,741
                                                                                                       Roof Extention     0           5             3         2         10         6,671
A Prior Approval consent for conversion to residential use has been established over the entire
property, including the Pavilion building.                                                                                                  Rythe House
                                                                                                       PD Conversion      0           6             7         0         13         8,245
Note the Sellers will retain the Pavilion and part of the car park for future redevelopment of a
                                                                                                       Roof Extension     0           1             2         0          3         2,445
new build scheme comprising circa 39 apartments and 11 houses. Indicative plans can be found
in our dataroom. The areas being retained by the Seller are hatched in blue on the plan.                                                  The Link Building
                                                                                                       PD Conversion      2           4             2         0          8         4,456
PROPERTY TO BE SOLD (59 UNITS)
                                                                                                       Roof Extension     0           0             0         2          2         1,617
A revised Prior Approval application has been submitted for conversion of the Claygate House,              Total          2          29             39        4         74        47,175
Rythe House and The Link Building to provide 59 residential apartments under Permitted
Development Rights.

The proposed scheme comprises 2 x studio, 23 x 1 bedroom and 34 x 2 bedroom units totalling
36,442ft2 NSA. 80 parking spaces can be provided with this element.

All apartments are for private sale with no affordable housing provision required. No Section
106 obligations or CIL liabilities apply.
ROOF EXTENSION APPLICATION (15 UNITS)
A detailed planning application was validated on 19th December 2018 (ref: 2018/3782)
proposing 2nd and 3rd floor roof extensions above Claygate House, Rythe House and The Link
Building to provide 15 residential apartments.

This scheme comprises 5 x 1 bedroom, 5 x 2 bedroom and 5 x 3 bedroom units totalling
10,733ft2 NSA. 24 parking spaces need to be provided with these flats.

It is expected that 6 apartments (3 x 1 bedroom, 2 x 2 bedroom & 1 x 3 bedroom units) will need
to be provided as affordable housing.
EXTERNAL ALTERATIONS APPLICATION
A detailed planning application has been submitted for alterations to the fenestration of the
existing buildings and the car parking layout.
Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury
www.kingsbury-consultants.co.uk                                                                                                                                                                                Claygate House, Littleworth Road, Esher, Surrey KT10 9PN

                                                                                                                                                                                        HOME   SUMMARY   DESCRIPTION & LOCATION          DEVELOPMENT            TERMS

TENURE

The property will be sold freehold with vacant possession on completion.

VAT

The property is not elected for VAT.

TERMS

Offers are invited in excess of £12,000,000 for the freehold interest. subject to an additional
payment of £2,000,000 in the event that planning permission is approved for the roof
extension application.

ADDITIONAL INFORMATION

Further information including planning and legal documents are available within our
dataroom using the access code ‘Claygate’.

CONTACT
To discuss any aspect of this property or the disposal process, please contact the sole
selling agents:

Paul Heale
020 7183 2529
paul.heale@kingsbury-consultants.co.uk

Ross Kemp
020 7183 2529
ross.kemp@kingsbury-consultants.co.uk
                         Kingsbury
                         1st Floor, 81 Alie Street, London E1 8NH

Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or
lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury
Investment & Development Consultants Ltd registered in England No: 06869268.
Claygate House, Littleworth Road, Esher, Surrey KT10 9PN Office Building with Prior Approval For Sale - Kingsbury
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