Home > Auctions > September 2020 24 September 2020 - 9:00am > Lot 24

September 2020: Thursday 24 September 2020 - 9:00am
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    Key features

    • Rare opportunity to acquire an existing sports stadium
    • Planning permission to build a new stand, conference room and offices
    • Investment / development opportunity subject to consents
    • Two 3G football pitches

    Description

    Surrey Stadium is home to Whyteleafe FC, a semi professional football club, and community football with groups for all ages.The site is approximately 5.18 acres (2.09 hectares) and comprises:

    Two 3G football pitches - one 11x11 3G pitch (approximately 105m x 70m) and one 7 x 7 3G pitch (64m x 34m).

    A plot of land to the rear of the 7 x 7 3G pitch of approximately 610 sq m.

    Club house of approximately 273.8 sq m.

    Club shop and ticket turnstiles approx 10.58 sq m.

    Snack area, WC's, changing area approx 80.34 sq m.

    Parking for circa 50 cars.

    A telephone mast with access route.

    Site of former sub-station.

    Additional information

    Tenure

    Freehold

    Tenancy

    The football club, clubhouse and pitches are subject to a 25 year lease to The Trustees of Whyteleafe Football Club from 01/08/2013 at a rental of £12,000 per annum (mutual annual rolling break clause)

    The clubhouse is subject to a 6 year lease to Cruwys Cherubs Ltd (t/a a day nursery) from 01/09/2013 at a rental of £12,000 per annum (holding over).

    There is a portacabin on site which does not form part of the sale, this is subject to a 7 year lease to Formark Scaffolding (Holdings) Ltd from 01/08/2017 which is subject to a rolling tenant break clause, at a rental of £16,800 per annum

    The telephone mast and former substation is subject to a 99 year lease from 24/08/2007 at a peppercorn ground rent.

    Interested parties should refer to the legal pack for the full tenancy details

    Planning

    Planning permission has been granted by Tandridge District Council (now lapsed, ref: TA/2015/2071) for the construction of a new club building, retaining wall and car parking. (Marked A on the plan)

    The area of the site marked B on the plan has potential for development stp, a previous indicative scheme was drawn up for a sports academy as per the images above.

    Notes

    VAT is applicable to this lot

    It has been decided that there will not be an anti-embarrassment clause included within the sale.

    We are advised that there is an unresolved issue regarding the condition of the 11x11 3G pitch following its installation


    Joint Agents: Price Taylor 020 7704 8513

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        Local information

        Situated on the outskirts of a popular commuter village.

        Approximately 16 miles south of Central London

        Local rail stations providing a frequent service to Central London, Croydon and Gatwick

        The M23 and M25 Motorways are within easy reach


        Transport

        Whyteleafe, Whyteleafe South and Upper Warlingham (National Rail)

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

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        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

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