This property presents a significant investment opportunity, featuring a modern freehold office building with ample redevelopment potential. Spanning over 8,149 sq ft across two levels and situated on a generous 0.497-acre lot, it is currently leased to Foster Denovo Limited for an annual rent of £225,000. The building benefits from key amenities such as air conditioning, suspended ceilings, and flexible partitioned spaces suitable for various office functions.
Able to accommodate approximately 42 vehicles with its on-site parking facilities, the property is strategically positioned in proximity to affluent Surrey commuter towns like Weybridge and Addlestone, both of which are well-connected to London. Given the location's desirability and demand for residential development, the property may be ideally suited for conversion into multiple residential units, conforming to local planning regulations.
While a feasibility study has been conducted regarding converting the site into 12 residential units under permitted development rights, prospective buyers should seek detailed consultations with the local authority for further insights. Additionally, notable commercial developments in the vicinity reinforce growth prospects in this area.