Location
Located on Highbury Drive in Leatherhead, Surrey. Strategically positioned, it offers excellent connectivity and accessibility for businesses and visitors alike. A short walk to the town centre offers a wide variety of retail and food & beverages.
Situated in Leatherhead, a well-established commercial hub, with major corporations ExxonMobil, KBR, Hyundai Motor UK and Wates nearby.
Close to Junction 9 of the M25, with easy access to central London, Gatwick, and Heathrow, plus a short walk to Leatherhead train station.
Description
Federation house is an attractive high grade building over 4 floors on a secure self-contained site of circa 1.64 acres (0.66 ha), built in 2004 to a high specification and well maintained. The building is currently operated as a Hotel, restaurant, bar, health & fitness suite, conferencing and offices with 110 car spaces.
Currently benefitting from 55 spacious air-conditioned ensuite letting bedrooms well supported by a restaurant bar, conference rooms and a health and fitness suite. Well positioned in the middle of the competitive set and benefitting from excellent customer reviews. Very significant upside potential to a dedicated hotel operator in terms of potential occupancy and ADR levels. Potential to increase the number of letting bedrooms to around 100, subject to detailed design, by converting easily adaptable office and other space centred around the high quality and well invested existing facilities.
Due to its flexible design, the building is well suited for adaptation to a wide range of uses by owner occupiers or operators. The majority of the non-hotel accommodation on the ground and first floor, together with the basement parking has minimal internal structures and can be readily repurposed.
In addition to hotel and conference users, it is anticipated the building will be of interest to the following users, subject to planning consent:
- Corporate HQ or Residential Training Centre
- Medical as a care/nursing home, private hospital or specialist medical facility
- Education for adult learning, special needs or boarding
- Religious retreat or headquarters
Freehold available with vacant possession at a guide price of £9m, representing £99 per sq ft on the total gross internal area of 90,651 sq ft (8,422 sq m). Subject to contract.
Highlights
- High quality hotel & conference facility with extensive parking, equally well suited for owner occupation / operation as a corporate HQ or for medical, education or religious uses (STP).
- Freehold with vacant possession available at a guide price of £9m (£99 per sq ft) on the total gross internal area of 90,651 sq ft (8,422 sq m). Subject to contract
- Hotel, restaurant, bar, health & fitness suite, conferencing and offices with 110 car spaces.
- Scope for alternative uses, subject to planning, including conversion as a corporate HQ or for medical, educational or religious uses.
- Built in 2004 to a high specification and well maintained
- Situated in Leatherhead, a well-established commercial hub, with major corporations ExxonMobil, KBR, Hyundai Motor UK and Wates nearby.
- Close to Junction 9 of the M25, with easy access to central London, Gatwick, and Heathrow, plus a short walk to Leatherhead train station
Availability
Swipe/drag
Transport
- Leatherhead Station (5 mins walk)
- Rail travel times from Leatherhead Station: Guildford - 25 mins, Horsham - 30 mins, London Waterloo - 45 mins, London Victoria - 45 mins
- Road Links: Junction 9 on the M25 - 0.5 miles, Heathrow - 16 miles, Gatwick Airport - 17 miles