Home > Auctions > 3 & 4 September 2024 04 September 2024 - 9:30am > Lot 232

3 & 4 September 2024: Wednesday 04 September 2024 - 9:30am
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    Key features

    • To be offered on Wednesday the 4th September
    • Former restaurant with adjacent dwelling with planning permission for new-build apartment block
    • Proposed development comprises 18 private tenure apartments
    • Apartments include 3 x studio, 7 x one bedroom, 4 x two bedroom and 4 x three bedroom dwellings
    • Proposed accommodation extends to 1,115 sq m (12,001 sq ft) GIA in total
    • Located approximately 1.29 km (0.8 miles) north of Walton-on-Thames railway station
    • The site area extends to approximately 0.064 hectares (0.15 acres)
    • By order of the LPA Receivers
    • Vacant



    Description

    The site comprises a former restaurant (Pizzeria Ristorante) and a neighbouring residential dwelling (No.7), together with a covered garden area between the two units. The vacant restaurant extends to approximately 4,768 sq ft (443 sq m) GIA and the residential dwelling extends to approximately 914.9 sq ft (85 sq m) GIA. No.7 is an Edwardian Cottage with later additions and the restaurant is a former public house and is a late Victorian building. There is a site access along the south eastern boundary boarded by a wooden gate, leading towards a small rear concrete courtyard. The two buildings are set within a site area of approximately 0.064 hectares (0.15 acres).The site is situated on an ‘island’ of buildings positioned between two branches of the A244. The A244 circulates around, and borders the south and western boundaries of the site, with a public footpath separating the two. The northern site boundary abuts another residential dwelling, with a row of residential houses to the north of the site. The eastern boundary abuts commercial buildings, particularly The Elmbridge Community Hub. The site is located at the end of Walton High Street and is approximately 1.29 km (0.8 miles) north of Walton-on-Thames railway station. The immediate surrounding area is predominantly occupied by commercial uses, with some residential dwellings occupying small plots. Ashley C of E Primary School is also positioned directly opposite the site to the west.

    Additional information

    Tenure

    Freehold

    Accommodation

    The proposed development comprises a four-storey apartment block, providing 18 apartments all with a private balcony. Car parking will also be provided at the rear of the apartment block, comprising 7 spaces.



    Planning

    The site falls within the jurisdiction of Elmbridge Borough Council. Planning permission was granted on 5th January2022 for ‘Development comprising 18 flats following demolition of 7 and 9 Ashley Road’ (ref: 2021/0092).Elmbridge Borough Council adopted their Community Infrastructure Levy (CIL) charging schedule on 27th February 2013, which came into effect from 1st April 2013.The proposed development will be liable for CIL.A copy of the CIL liability notice, dated 6th January 2022 is included in our data room. This shows the proposed development is liable for a CIL contribution of £188,047.The development is also subject to a S106 payment of £429,399.

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        Accommodation / Tenancy Schedule

        Local information

        Walton-on-Thames is a vibrant market town on the southbank of the River Thames in the Elmbridge Borough of Surrey and is located approximately 36.2 km (22.5miles) southwest of Central London. Walton town centre benefits from a range of local amenities and facilities, including a selection of independent and national retailers, cafes, bars and restaurants.

        The town centre also provides The Heart Shopping centre providing more retail and food outlets, as well as a Pure Gym and a library. Supermarkets include Sainsbury’s, Marks and Spencer and Aldi.

        Leisure facilities in Walton include the Pure Gym and Elmbridge Xcel Leisure Complex. Open green spaces in Walton and the surrounding area include, Fishmore Park, Elmgrove Recreation Ground, whilst riverside walks can be enjoyed along the banks of the River Thames. Educational needs are provided for by a variety of local schools including Walton Oak Primary School, Westward School, Grovelands Primary School, Heathside Secondary School and Ashley C of E Primary School which is located directly opposite the site.

        Walton benefits from excellent transport connections. The Thorpe Interchange is located approximately 11. 7 km (7.3 miles) northwest of Walton, connecting the M3 and M25. The M25 also provides access to the M4 motorway, as well as to Heathrow Airport. Junction 10 of the M25, located approximately 9.2 km (5.7 miles) south west of Walton also connects with the A3, leading towards south London northbound and Portsmouth southbound.

        Rail services are available from Walton railway station. Direct services are available to London Waterloo approximately every 7-13 minutes, with a fastest journey time of approximately 26 minutes. Additional direct services are available to Guildford (22 - 29 minutes), and Winchester (1 hour 13 minutes). Heathrow and Gatwick international airports are located approximately 12.07 km (7.5 miles) and 49.2 km (30.6 miles), respectively from Walton. Nearby towns of interest include, Woking (16 km / 10 miles), Guildford (23.2 km / 14.4 miles) and Kingston-upon-Thames (10.46 km / 6.5 miles).*All journey times and distances stated are approximate

        Transport

        Walton Station - National Rail

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        EPC rating

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