Summary
A copy of an Ordnance Survey Extract Plan within the particulars of sale shows the approximate boundaries of the property edged in red.
The property comprises a brand new turn-key Bellway Homes apartment scheme providing 6 X 1 bedroom apartments and 17 X 2 bedroom apartments (plus 10 no. affordable housing units which are not part of the offering) set within three contiguous blocks (Blocks A-C) which will be between three and four storeys in height, with red brick and tiled elevations under a pitched clay tiled roof, together with 21 no. car parking spaces, 40 no. cycle spaces, bin storage facilities, attractive landscaping and communal amenity space.
The development will include lifts within Blocks B and C providing disabled access to the second floor, whilst a number of the apartments will benefit from private amenity space via terraces/balconies.
Vehicular and pedestrian access to the property will be achieved directly from Station Road.
Construction of the development is due to commence in January 2020 with first completion anticipated for April 2021 and final completion planned for July 2021.
We would refer you to the photographs of the existing building within the particulars of sale for further information.
Key Points
Practical completion July 202121 no. car parking spacesPrime location near train stationOffers invited on an unconditional basisClosing Date for Offers: 12 Noon Thursday 20th February 2020
Viewings
Viewings of the property will be strictly by appointment only.
Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser’s risk.
Planning
The property has been granted planning permission for the “Demolition of existing buildings and the erection of 33 apartments (including affordable housing), provision of car parking, amenity space and associated infrastructure.” which was granted on 16th May 2018 (application reference: 17/02542/F). All reports, drawings and documents relating to this planning permission are included in the Technical Information Pack.
For the avoidance of doubt, Bellway Homes will be responsible for payment of all financial contributions payable under the S106 Agreement and CIL.
Any planning related queries should be directed to the Local Planning Authority:
Reigate & Banstead Borough Council
Town Hall
Castlefield Road
Reigate
Surrey RH2 0SH
Telephone: 01737 276000
Web: www.reigate-banstead.gov.uk
Services
We understand that electricity, drainage, telecoms and water services will be connected to the property.
Accommodation Schedule
Please refer to the particulars of sale for further details of the accommodation schedule.
Guide Price
£7,000,000 (seven million pounds)
Method of Sale
The property is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the property from sale or to vary the method of sale at any time without notice.
All offers must be made subject to contract and practical completion of the development, in writing for a fixed sum.
Exchange of contracts is to take place within four weeks of receipt of the draft sale contract with a 10% deposit payable.
Completion is to take place within two weeks of practical completion of the development with the full balance of the purchase price payable immediately upon completion of the sale.
All offers should state whether they are submitted with or without Board approval and whether they are dependent on bank or similar finance being available with confirmation of proof of funding.
Written offers for the property are invited by 12 Noon on Thursday 20th February 2020.
All offers should be marked “Bellway House, Merstham - Offer to Purchase” and addressed to:
Mr Will Morris
Haslams Surveyors LLP, County House, 17 Friar Street, Reading, Berkshire, RG1 1DB.
Technical Information Pack
For a copy of the Technical Information Pack please contact us direct.
All Other Enquiries
All enquiries should be directed to the vendor’s sole agent:
Haslams Surveyors LLP
County House
17 Friar Street
Reading
Berkshire
RG1 1DB
Telephone: 0118 921 1500 (Switchboard)
Fax: 0118 921 1501
Or email: willmorris@haslams.co.uk or johnradford@haslams.co.uk
Location
The property occupies a prominent roadside position on the south side of London Road and north side of Station Road in a mixed-use location in the heart of the popular Surrey commuter town of Merstham.
The centres of the adjoining towns of Redhill and Reigate with their multiple facilities lie approximately 2 miles to the south and 3 miles to the south west respectively.
Junction 7 of the M25 motorway and Junction 8 of the M23 motorway both lie approximately 1 mile to the east.
Merstham railway station lies approximately 150 metres to the south east providing direct services to London Victoria in approximately 33 minutes.
The property’s immediate vicinity provides a mix of residential and commercial properties, a telephone exchange, Merstham Village Hall and The Feathers Hotel.
We would refer you to the location plan within the particulars of sale for further information.