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Southfield House

24 Greys Road, Henley-on-Thames, RG9 1RY

2,045 sq ft
For Sale
Development / Investment / Office

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Freehold office investment opportunity potential for future conversion (STP) available for sale in Henley on Thames

Property Type Development / Investment / Office
Tenure For Sale
Size 2,045 sq ft
Price £950,000
Energy Performance Rating This property has been graded as B (49)

Key Features

  • Self contained three-storey office building with on-site parking
  • Suitable for a variety of uses including; offices, residential education, and medical (STP)
  • Central position in Henley on Thames within a short walk of the train station, River Thames, shops & restaurants
  • Rarely available

Location

Southfield House is located to the rear (north) of No. 24 Greys Road in the centre of Henley-on-Thames, South Oxfordshire. The site is bordered to the west by the car park connected to a manufacturing / warehouse unit, to the south by No. 24 Greys Road, to the east by the access road to Greys Road car park, and to the north by the car park, which is owned by SODC.

Henley-on-Thames is a vibrant market town on the River Thames, which lies roughly mid-way between the towns of Reading and High Wycombe. Henley is well positioned for access to both the M40 and M4 motorways. The town centre amenities, riverside and train station providing services to London via Twyford and the Elizabeth line are all a short walk away.

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Description

A copy of an Ordnance Survey Extract Plan within the particulars of sale shows the approximate boundaries of the property edged in red.

The building is roughly L-shaped with garages and office space on the ground floor, with office space on the first and second floors. It should be noted the office space on the ground floor is below external ground level. It is surrounded by commercial and residential properties, and a public car park.

There is private parking to the front, as well as three garages with up and over doors

The property is not listed but does fall within a Conservation area.

The total site area measures approximately 0.047 acres (0.019 ha), with the existing accommodation totalling 2,045 sq ft (190.0 sq m) NIA and 2,561 sq ft (237.94 sq m) GIA.

The property comprises a three-storey office building of traditional brick construction under a pitched roof with three garages on the ground floor accessed via the courtyard.

The property has a feature spiral staircase between the ground and first floors, with the ground floor consisting of a meeting room, office / breakout area and kitchen, whilst the first floor consists of two meeting rooms and an open plan office. The second floor is accessed via separate stairs and provides ancillary accommodation with limited height / use due to the pitched roof.

Available area

We understand the Gross Internal Areas (GIA) are as follows:-

Name sq ft sq m
Ground - Office 402 37.35
1st - Office 1,049 97.46
2nd - Ancillary 594 55.18
Ground - Garages 594 55.18
Total 2,639 245.17

Tenure

The property is being sold Freehold with the benefit of the existing lease and rental income.

Existing Lease

The property is let to Accession Healthcare Consulting Limited on a 10-year Fully Repairing & Insuring lease from 17th July 2017, therefore expiring 16th July 2027, at a rent of £35,000 per annum exclusive.

The option to terminate the lease has expired and the lease is contracted outside of the 1954 Landlord and Tenant Act.

There is a personal guarantee in place.

Services

We understand that all mains gas, electricity, drainage, water and telecoms services are available to connect to the property, although we have not made any enquiries of the respective statutory undertakers. None of the services were tested for the purposes of marketing and we assume there is an adequate supply for the properties’ current or any future use.

Planning

A permitted development rights application to establish residential use is in progress by the vendors and indicative plans of this scheme and further future potential schemes are available from the vendor.

The property lies within the Local Planning Authority (LPA) of South Oxfordshire District Council.

Any planning related queries should be directed to the Local Planning Authority: South Oxfordshire District Council.

VAT

Prices are quoted exclusive of VAT which will be chargeable.

Anti-Money Laundering Regulations

As a prerequisitee to any sale in accordance with Anti Money Laundering regulations, Haslams Surveyors LLP will undertake ID checks for all successful purchasers.

Legal Costs

Each party to bear their own legal costs.

Viewing and All Other Enquiries

All enquiries should be directed to the vendor’s sole agent.

Viewings of the property are 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.