Development / Investment
Kingston Town Centre Development Opportunity (STPP)
- Kingston Town Centre
- Development Opportunity
The property comprises four distinct sections as follows:
Hostel
The hostel is situated centrally on the corner of the site and is arranged over 4 storeys to provide a staff / office area, 4 x 3 bedroom flats and 3 x 6 bedroom flats.
K2 Building
Situated to the west of the site, the ground and first floors of the K2 building are arranged as a children's day nursery with outside amenity space.
Student Flat
The student flat is situated on the second floor of the K2 building with its own self contained entrance.It provides 6 en-suite bedrooms, dining area, kitchen and living room.
Church Building
The Church is to the south of the site and comprises a basement break out space, ground floor worship area and a first floor hall. There is a secure gated basement car park accessed off Hardman Road providing space for a total of 14 cars.
Location
The site is situated on the south side of Cromwell Road, also known as the A307, which forms part of the Kingston one way system. Kingston upon Thames is an affluent commuter Town, positioned approximately 11 miles to the south west of Central London.
Kingston is well know for its retail and leisure offering with the benefit of being positioned on the banks of the River Thames and in close proximity to both Richmond Park and Bushy Park.
Kingston main line railway station is situated approximately 250 metres to the west of the site, providing regular services to London Waterloo in around 30 minutes. Kingston station is one of the stops on the proposed Crossrail 2 network which will offer improved connectivity for the town.
Accommodation
The properties comprise the following approximate gross internal areas:
Church: 567.9 sq m 6,113 sq ft
K2: 853.56 sq m 9,189 sq ft
Hostel: 446.14 sq m 4,803 sq ft
TOTAL: 1,867.59 sq m 20,105 sq ft
Please note access was limited at the time of our measurement so purchasers will need to rely on their own measurement of the property.
Terms
Price
Unconditional offers are invited in the region of £6,000,000
Method of Sale
The site will be sold by way of informal tender(unless sold prior).
VAT
We have been advised that the properties are not elected for VAT.
Lease
Please see the particulars for confirmation of the occupational leases.