This freehold property spans three levels plus a basement, located in the desirable town center of Esher. It presents a compelling opportunity for renovation and investment, as planning permission has been granted to convert the upper floors into three one-bedroom apartments. This redevelopment potential allows for both immediate improvement and long-term value creation.
Situated on Church Street, the building is just moments away from the vibrant High Street, where a mix of national retailers and established independent businesses contribute to a lively commercial atmosphere. Esher's charm as an affluent suburb of London is enhanced by its proximity to major transport links; Esher train station is approximately one mile away, offering direct connections to London Waterloo in around 30 minutes. Additionally, the property benefits from nearby amenities, including notable establishments such as Waitrose and Everyman cinema, as well as the scenic Sandown Park Racecourse located just 0.2 miles away.
In terms of layout, the property features a ground floor that previously operated as a restaurant and bar, with substantial space measuring 1,900 square feet. The first floor includes former commercial kitchen areas and storage (1,110 square feet), while the second floor (600 square feet) was utilized mainly for storage but has potential for residential conversion. The basement (400 square feet) offers further utility, having served various roles including beer cellar and office space.
The total gross internal floor area is approximately 4,010 square feet across all levels. The new owner could explore multiple avenues for future use or development given the existing approval for a change of use that also includes enhancements such as additional amenity space through terrace conversions.
Investment-wise, acquiring this property provides an opportunity to capitalize on a low entry cost per square foot relative to current market trends—reflecting approximately £199.50 per square foot based on its existing gross internal area. With full vacant possession available upon purchase, this property holds significant promise for investors looking to tap into Esher’s growing real estate market.
Viewings are available strictly by appointment through appointed agents. This property not only represents an appealing investment but also serves as a canvas for those looking to make their mark in a sought-after location.
