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RIVERNOOK FARMS U N N YS I D E • WA LTO N - O N -T H A M E S • S U R R E Y K T 1 2 2 E T
INDUSTRIAL ESTATE AND L AND FOR SALE
INVESTMENT SUMMARY
• Freehold
• Sitearea20.29acres
• LocatedwithintheM25closetoWalton-on-ThameswithaccesstoJ10oftheM25andJ1oftheM3
•Mixedusefarm
• Establishedindustrial/openstorageestate producing£178,715 pa
• Additionalincomefromresidentialproperties andcontainers
• Threeresidentialproperties–onerequiringrefurbishment
• Variousbarns,outbuildingsandgreenhouses, somedisused
• Totalcurrentrent £202,015 pa
• Potentialtoimprovetheincome.ERV£252,385 pa
• Managementanddevelopmentopportunitiessubjecttoplanningconsent
• RivernookFarmhousemaybeavailable
• Offersinvitedforthefreeholdinterest
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET2
Unit4
PWREventscontainers
Units8and9 Greenhouses
Unit7b
A244 A
244
A244
Staines Road West Sta ines Rd East
B376
Mol
esey
Roa
d
A317 A244
A3050
A3050 Hurst Road
Walton-On-Thames
Shepperton
Upper Haliford
Sunbury
Reservoir
Reservoir Reservoir
Kempton
MOLESEY
ESHER
SUNBURY
WALTON-ON-THAMES
Hampton
Hersham
HERSHAM
A316
A308
M3
M3
LONDON
HEATHROW AIRPORT
Slough
Windsor
Maidenhead
Croydon
Epsom
Walton-upon Thames
Dartford
Kingston Upon Thames
Woking
Guildford
Watford
M11
M40
M4
M3
M25
M20
M26
M23
M25
M1
A1(M)
GATWICKAIRPORT
LOCATIONWalton-on-Thames is an affluent Surrey commuter town located approximately 17 miles south-west of central London and 5 miles west of Kingston-upon-Thames.
Communications are excellent with the town being located between the A3 and M3 on the A244, offering easy access to central London, the M25 and the south-east motorway network.
Rail services to London Waterloo are approximately 24 minutes.
SITUATIONRivernook Farm is situated approximately one mile north-east from Walton-on-Thames town centre. It is situated on the north side of the A3050 close to the Queen Elizabeth II Reservoir. The farm benefits from two access points, one via Sunnyside Road the other directly from the main road. Both access points are controlled with security gates.
RIVERNOOK FARM
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET3
Rivernook Farm is a unique opportunity to acquire an industrial
estate with agricultural land, located just outside
Walton-on-Thames
SUNNYSIDE
A3050 HURST ROAD
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET4
DESCRIPTIONRivernook Farm comprises a mixed use estate containing a variety of buildings ranging in age and size. The farm extends to 20.29 acres.
Part of the farm comprises an established industrial/open storage estate which is multi-let to a number of tenants. The estate provides circa 36,145 sq ft of industrial accommodation and circa 124,425 sq ft of open storage area.
Adjacent to the estate are a number of hard surfaced areas adjoining two large fields with a central roadway. On the farm are a number of greenhouses extending to approximately 35,500 sq ft which are in a dilapidated condition.
Close to the main road is a two bedroom bungalow, a mobile home and a three bedroom bungalow requiring refurbishment.
Adjacent to the farm is Rivernook farmhouse which may be available by separate negotiation.
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET5
Unit3 Unit9
Plot19b
SUNNYSIDE
GREENHOUSE
GREEN-HOUSE
GREEN
HO
USE
A3050 HURST R
OAD
COMMERCIAL AREA
RIVERNOOK FARM
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET
BUNGALOW
297 HURST ROADMOBILE
HOME
RIVERNOOK FARMHOUSE
6
TRANSMITTERS EXCLUDED FROM SALE
COMMERCIAL AREAS AND UNITSAll the properties have been measured on a Gross Internal Area (GIA) basis in accordance with the Royal Institution of Chartered Surveyors Code of Measuring Practice (6th Edition) and we set out the approximate areas below.
COMMERCIAL UNIT
TENANT APPROXIMATE AREA
SQ M SQ FT
2, 4 & 9 Farrer & Fenwick Removals Limited
1,101.26 11,855
3 Vacant 450.11 4,845
6 Mr S Williams t/a Antique Church Furnishings
328.59 3,535
7a Mr L Skilling 315.03 3,390
7b Vacant 179.76 1,935
8 Mr R Brown 148.08 1,595
Pole Barn Vacant 777.60 8370
Estate Office Vacant 57.60 620
TOTAL 3,358.03 36,145
OPEN STORAGE AREA
TENANT APPROXIMATE AREA
SQ M SQ FT
15 Vacant 1,223.42 13,170
16a Lowery Limited 1,269.97 13,670
16b Lowery Limited 325.15 3,500
19a Wernick Event Hire Limited 5,054.99 54,415
19b BR Saunders (Transport) Limited
3,685.15 39,670
TOTAL 11,558.68 124,425
SCHEDULE
CONTAINERS
OCCUPIER COMMENTS
PWR (ice skating) 13 Containers (T/L/L’s) – part ground rent
Lemon 1 Container (L/L’s)
East 1 Container (L/L’s)
MeTech 1 Container (T) – ground rent
RESIDENTIAL PROPERTIES
RESIDENTIAL OCCUPIER COMMENTS
Bungalow Vacant Requires refurbishment – 3 bed
Mobile Home Mr H Winter 2 bed double wide
297 Hurst Road Mr A Keay 2 bed bungalow
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET
297HurstRoad
7
MobileHome
TENUREFreehold. The three transmitters on the farm will be retained by the vendor.
TENANCIESA tenancy schedule and estate plan is available on request. Each commercial tenant contributes to the service charge for the common areas and access road on a pro rata basis.
INDUSTRIAL ESTATEThe industrial estate is multi-let and produces an income of £178,715 pa. There are vacant open storage areas and buildings available to let but not yet on the market.
RESIDENTIAL PROPERTIESTwo properties are let and produce a total gross income of £9,600 pa.
CONTAINERSThere are a number of containers let with an income producing £13,700 pa.
The total current income is £202,015 pa, with an ERV of £252,385 pa when the vacant units/open storage areas are let.
PLANNING Rivernook Farm is within the green belt. None of the buildings are listed. The Local Planning Authority is Elmbridge Borough Council.
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET
Grassland
8
Plot19a
Unit2Unit9
CONTACT
SOUTHAMPTON:
Julian Walker [email protected]
023 8082 090507836 774 460
Matthew Barker [email protected]
023 8082 095807919 591 495
LONDON:
Toby Yates [email protected]
020 3589 0089 07881 500 995
Mark Sherwood [email protected]
020 3589 0057 07771 984 262
PRICEOffers are invited for the freehold interest. The farmhouse, located at the entrance of the estate is also for sale (further details on request).
VATThe property is VAT registered. It would be intended to treat the disposal as a Transfer of a Going Concern.
EPC297 Hurst Road (detached bungalow) Rivernook Farm (detached house)
MISREPRESENTATION ACT 1967Vail Williams as for the vendors themselves give notice that: 1) These particulars do not constitute an offer, or contract or any part thereof. 2) The statements contained in the particulars are made in good faith but are issued without responsibility on the part of Vail Williams or vendors and are not to be relied upon as statements or representations of fact. 3) Intending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of each of the statements made herein. 4) The vendor does not make or give, nor is Vail Williams or its staff authorised to give, any representation or warranty in respect of the property. 5) All negotiations are subject to contract and exclusive of VAT unless otherwise specifically stated. May 2014
www.vailwilliams.com
VIEWING & FURTHER INFORMATIONStrictly by appointment through sole agents. No one should enter the property without prior approval.
For access to the dataroom please email Liz Dixon: [email protected]
RIVERNOOK FARM • WALTON-ON-THAMES • KT12 2ET9
