Tylney House, 23 High Street, Leatherhead, KT22 8AB

Summary

23 High Street is a mixed-use building arranged over five levels, comprising a ground floor retail unit with offices across the upper and lower floors. The ground floor is let to Max Barbers, providing an immediate income stream, with the remaining accommodation offered with vacant possession.

The property extends to approximately 3,897 sq ft (GIA) and provides flexible accommodation with potential for reconfiguration or alternative uses, subject to planning.

Importantly, the property stands within the heart of the town, benefiting from the Transform Leatherhead redevelopment, specifically the planned enhancements to the town’s Retail & Leisure Quarter which aim to revitalise the High Street, boost footfall and improve retail and leisure amenities locally, thereby strengthening long-term commercial potential.

Key Points

Viewings

Strictly by prior appointment via sole agents Hurst Warne.

Planning

There may be potential for alternative uses or redevelopment of the upper parts, including residential or further commercial uses, subject to securing the necessary planning permissions.

Mole Valley District Council previously had Article 4 directions affecting certain parts of the district; however, these provisions have now been removed and are no longer in effect. As a result, the permitted development rights under Class MA (conversion of Class E to residential) are currently available, subject to meeting the usual prior approval requirements.

A previous application (MO/2025/0977) was submitted for the change of use of the offices to residential flats. The application was withdrawn prior to determination, so the property currently remains in its existing lawful use.

Plans can beseen on our website.

Interested parties are advised to make their own enquiries directly with Mole Valley District Council’s Planning Department to confirm the suitability of their proposed use and any requirements relating to change of use, alterations, or redevelopment.

Tenancy

Ground Floor Let to Max Barbers on a 10 year lease, from October 2019 expiring October 2029.

The current passing rent is £14,500 per annum, with an outstanding rent review in October 2024.

The lease is contracted out of Sections 24-28 of the Landlord & Tenant Act 1954.

Proposal

Offers sought on the region of £675,000 (Six Hundred and Seventy-Five Thousand).

Anti-money Laundering Regulations

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

VAT

Property is VAT elected.

Location

Leatherhead, Surrey, is strategically located near the M25, just 27 km from Central London, with excellent road and rail links, including a direct 45-minute train service to London Waterloo. The town offers easy access to both Heathrow and Gatwick airports.

23 High Street is centrally situated in Leatherhead town centre, with numerous local amenities, including Waitrose, Sainsbury’s and cafés.