TW17 2-6 Green Lane, Shepperton

Town centre mixed commercial and residential investment opportunity.

There are four elements to the investment:

2-14 HIGH STREET

This section comprises 7 shops of which 4 are single units (2-8 High Street) plus a former NatWest Bank (10-14 High Street) together with an office extension at the rear forming part of the former bank

There are self-contained flats on the first and second floors, plus one office suite (lease expires on March 22nd, 2023). The flats consist of 5 x 1 bed units and 6 x 2 bed units, making 12 in total in this wing. Some are holding over on ASTTTs. These flats are awaiting modernisation.

SHEPPERTON HOUSE

This central section, known as 2-4 Green Lane, provides 4 modern lock up shops on the ground floor, together with 8 flats on the 1st and 2nd floors (2 x 2 bed and 6 x 1 bed). The flats are all let on Assured

Shorthold Tenancies.

6 GREEN LANE

This is a recently completed block of 6 flats completed in 2019 comprising 2 x 2 bed and 4 x 1 bed) on ground and 2 upper floors. The flats are all let on Assured Shorthold Tenances.

PROPOSED THIRD FLOOR

Consent was granted by Spelthome Borough Council in October 2019 under ref: 19/01069/FUL for a proposed extension of the existing building to include a 3 storey extension at the rear of 8-14 High Street together with an additional 3rd storey. This provided for an additional 13 flats. The consent expired in October 2022 although our clients have received advice the additional storey may be granted under Permitted Development Rights.

The property is located on the main junction of High Street with Green Lane and Laleham Road and Old Charlton Road with the Car Park being accessed via Thurlstone Close. There is a service road/parking area between the High Street and the built frontages which gives pedestrian access to the front of the 6

Green Lane building and their waste bin areas. Shepperton mainline rail terminus is immediately opposite off Green Lane. The property has a frontage to Green Lane and to High Street with a return frontage onto Thurlestone Close on the south side.