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Maple Leaf House, 67-69 Maple Road, Surbiton, KT6 4AG

6,100 sq ft (567 sq m) - SOLD

This property is no longer available, please click here to view our current instructions.

Description

A three storey office building constructed in brick with lead cladding bays under a pitch slate roof and built in the late 1980’s.

  • TENANCY The entire property was let to National Westminster Bank Plc who have assigned the lease to Equidebt Ltd. The lease is held on a full repairing and insuring basis inside the Act expiring on the 24th December 2013 at a passing rent of £121,560 per annum exclusive. The second floor has been sub let to Talent Drain Limited, outside the Act, for a term to expire on the 1st December 2013 at a passing rent of £33,575 per annum exclusive.  
  • MARKET SUMMARY The areas surrounding Surbiton such as Kingston, New Malden, Esher have a tight occupational market characterised by low levels of supply and an increasing demand from office occupiers which is leading to an increase in rent levels.   There is limited supply of self contained office buildings in the area which can be acquired for future occupation with rental growth opportunities.   
  • PLANNING The building may be suitable for an office to residential conversion under the new Permitted Development Rights and the local development plan supports, in principle, residential development in this location however buyers should verify any information for a change of use to Kingston Council’s Planning Department on 020 8547 5000. We are advised that residential values in Surbiton town centre are now approaching £500 per sq ft.  

Amenities

  • Gas Fired Central Heating
  • Passenger lift
  • Male, Female and Disabled WCs
  • Parking
  • Full Access Raised Floors
  • Suspended Ceilings with Recessed Lighting

Accommodation

Floor Size
Second 1,975 sq ft (184 sq m)
1st floor 2,105 sq ft (196 sq m)
Ground offices 1,810 sq ft (168 sq m)
Ground reception 210 sq ft (20 sq m)
Total 6,100 sq ft (567 sq m)

Viewing

Strictly by appointment through the sole agents

Bob Cattaneo

T: 020 8546 2166
E: Email Agent

Andrew Armiger

T: 020 8546 2166
E: Email Agent