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Meadvale Hall Somerset Road 1,644 SF Retail Building Redhill RH1 6LT $399,718 ($243.14/SF)



INVESTMENT HIGHLIGHTS
- Prominent Business Location
- 0.14 Acre Plot
- Solid Transport Links
EXECUTIVE SUMMARY
The principal building extending to 1,644 sq ft (152.7 sq m) is in need of modernisation and comprises a main hall; kitchen; WCs; stage area; and office. It also benefits from outside space to the front and rear. The outbuilding occupies the rear part of the site and extends to approximately 1,085 sq ft (100.8 sq m) and is currently arranged to
provide a hall; kitchen; WCs; and storage. There is no on-site car parking. Neither building is listed nor does the property sit within a Conservation Area and we are unaware of any tree preservation orders that may affect the site. Previous uses of the site include Class F2 and in respect of the principal building formally Class D1, now Class E, given its most recent use as a day nursery. Alternative potential uses (subject to obtaining the necessary consents) could include a small scale residential development, medical/dental practice/clinic, or other community uses.
provide a hall; kitchen; WCs; and storage. There is no on-site car parking. Neither building is listed nor does the property sit within a Conservation Area and we are unaware of any tree preservation orders that may affect the site. Previous uses of the site include Class F2 and in respect of the principal building formally Class D1, now Class E, given its most recent use as a day nursery. Alternative potential uses (subject to obtaining the necessary consents) could include a small scale residential development, medical/dental practice/clinic, or other community uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Day Care Center
Building Size
1,644 SF
Building Class
B
Year Built
1980
Price
$399,718
Price Per SF
$243.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.14 AC
Frontage
23’ on Somerset Road
1 1
NEARBY MAJOR RETAILERS
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Meadvale Hall | Somerset Road
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