RESIDENTIAL DEVELOPMENT SITE FOR SALE Imber Court Orchard Lane East Molesey KT8 0BY ENTER
A rare opportunity to purchase a substantial residential development site in this highly sought after location The site benefits from outline planning permission for 95 units
Central London Hampton Court Palace River Ember River Ember Located within the highly desirable and affluent area of Elmbridge, Surrey. Outline planning permission granted for 95 units. Total site extends to 3.03 ha (7.49 acres). Riverside location. Offers sought for the freehold interest on an unconditional basis only.
The site is located on Orchard Lane, a residential cul-de-sac area in East Molesey within the northeast of the Borough of Elmbridge in Surrey. East Molesey forms part of the capital s contiguous suburbs at the periphery of the Greater London Urban Area. To the north of the site is a predominantly residential area and directly to the east and south is the Imber Court Sports Club and the Metropolitan Police Training Centre. The site is bounded to the west by the River Ember.
Situated on the southern banks of the Thames, the town of East Molesey and the immediate area is surrounded by the rich history of Hampton Court Palace, a good range of local facilities and amenities including primary and secondary schools, shops, cafes and local sports facilities. The area has several large reservoirs, some of which provide water within the London Basin and others have been converted into nature reserves. MORE >
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Berkhamsted A41 Hemel Hempstead St Albans Hatfield M10 A414 Chelmsford J21 A414 A404 Chesham Potters Bar J20 Epping Chipping J23 Ongar J19 J25 Borehamwood M25 J27 M25 Watford A1 Enfield gh Rickmansworth M11 ombe A355 A413 South Billerica Oxney Brentwood J28 M40 Harefield Brent M1 Cross A10 Harrow Ruislip A12 A127 J29 J16 Wembley Hampstead Romford Bas 4 Uxbridge LONDON A40 denhead Slough M25 04(M) Southall A13 Stanford-l London J15 M4 City Brentford Windsor Fulham Hounslow A2 Heathrow A316 Richmond Clapham Dartford Staines Gravesend Egham Ashford Kingston J2 cknall Upon Thames A20 Ascot Bromley J12 A309 Swanley M3 A3 A23 A322 J3 Roch Croydon Bagshot Esher A232 A21 M25 M25 M20 Epsom Sutton Shoreham Snodl J10 Woking A217 Biggin Hill A22 J9 J5 M26 M orough Sevenoaks A331 A3 M25 Ma J8 J7 J6 Oxted hot GUILDFORD Reigate A26 Dorking Redhill A21 A24 Bridge Road Shops 0.7 mile 1 Hampton Court Railway Station 1 mile Hampton Court Pier 1.2 miles Hampton Court Palace 1.3 miles Walton Road Shops 1.4 miles Hampton Ct. Palace Park (Home Park) 2.6 miles Royal Bushy Park 2 miles 2 3 4 5 6 7 8 Hurst Park 1.8 miles Imber Riverside is in a location benefitting from excellent transport links to London and the wider area. BY ROAD The site lies just off Esher Road and is within a short driving distance to the A3 and junction 10 of the M25 via the A307 or junction 12 via the A308. BY TRAIN Train services provide direct access to London Waterloo in 33 minutes from Thames Ditton station (Zone 6), which is within easy walking distance from the site. Esher station to the south of the site also provides train services to London Waterloo station in 31 minutes. BY BUS Frequent bus services run approximately 240m from the site providing connections to Hampton Court and Thames Ditton train stations and Kingston Bus Station. BY FOOT/CYCLE There are public footpaths that run near the northern boundary of the site providing access to local facilities and the wider footpath network. Thames Ditton 0.6 mile Surbiton 5 minutes Kingston upon Thames 3.2 miles New Malden 11 minutes Esher 2.1 miles Wimbledon 17 minutes Surbiton 2.6 miles Clampham Junction 24 minutes Teddington 3.0 miles London Waterloo 33 minutes Richmond upon Thames 6.2 miles Heathrow Airport 11.7 miles London City Airport 26.8 miles Gatwick Airport 27.7 miles A transport assessment submitted with the planning application contains further information and is available on the data room.
The site, extending to 3.03 ha (7.49 acres), is currently in use as an industrial estate comprising seven industrial and storage units in B2 and B8 use, totalling approximately 180,000 sq ft. The site has a single point of access for vehicles and pedestrians at the northern edge leading onto Orchard Lane. The River Ember, a tributary of the River Mole, runs along the western boundary of the site. The surrounding Green Belt provides a more rural backdrop.
The site lies within the jurisdiction of Elmbridge Borough Council. An outline planning permission was granted in December 2015 for development comprising up to 95 residential units including 38 affordable units following demolition of existing industrial buildings (16,618 sqm). The illustrative scheme submitted as part of the planning application shows a mix of houses in line with market demand. All documents associated with the planning application can be found on Elmbridge Borough Council s website (ref. 2015/3400).
The site is offered for sale freehold registered under Title Number SY612359. The majority of units on the site are vacant, however there are existing tenancies in place on the site, detailed in the tenancy schedule below. Unit Status Expiry / Break Rent Unit A Vacant Unit B Vacant Unit C Occupied 13/03/2016 113,149 Unit D Occupied 22/04/2017 55,850 Unit E Occupied 25/12/2016 169,800 Unit F Vacant Unit G Vacant B C A D There is also a lease to a substation on the site. A break notice can be served at any time after planning permission has been obtained but at least six months before the land is required for the redevelopment. G F E
Further information can be accessed via the dedicated data room as detailed below: Site Plan Outline planning application documents Section 106 Agreement Decision Notice Full Title and Tenure information EPCs Utilities Assesment Topographical Survey Geotechnical Survey Asbestos Survey Archaeological Survey Note on Vacant Possession Information required from potential purchasers CIL Liability Report Access to the data room is password protected and can be obtained by contacting Gerald Eve. www.imber-riverside.com
VAT VIEWINGS The property is opted for VAT, therefore VAT will be payable on the purchase price. METHOD OF SALE The freehold interest is to be sold via informal tender. Offers are invited on an unconditional basis only. Full information on details required is provided in the data room. The site can be viewed externally from the highway. Internal viewings are strictly by prior appointment only and can be organised through Gerald Eve. DETAILS Alex Gillington 020 7333 6268 agillington@geraldeve.com Charlotte Gorst 020 7333 6210 cgorst@geraldeve.com Christina Hardy 020 7333 6409 chardy@geraldeve.com 72, Welbeck Street, London W1G 0AY 020 7493 3338, www.geraldeve.com Misrepresentation Act 1967. Unfair Contract Terms Act 1977 The Property Misdescriptions Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to rely. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. February 2016. RB&Co 0161 833 0555. www.richardbarber.co.uk