95 / 97 High Street Esher Surrey KT10 9QE

95 / 97 High Street
Esher
Surrey
KT10 9QE

Freehold Restaurant Investment

First time on the market for over 68 years
Trading as Siam Food Gallery (Thai restaurant)
Lease expires September 2025 (original tenant in occupation for over 18 years)
Nearby occupiers include Cote Brasserie and a Waitrose supermarket with Zizzi, Pizza Express, Caffè Nero and Everyman Cinema also represented within the town
Future redevelopment and change of use potential (subject to lease and necessary consents)
Prominent location in affluent and popular Surrey town

Lot
86
Auction
18th October 2018
Rent
£53,000 per Annum Exclusive
Status
Sold
Price
£840,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Restaurant Investment

First time on the market for over 68 years
Trading as Siam Food Gallery (Thai restaurant)
Lease expires September 2025 (original tenant in occupation for over 18 years)
Nearby occupiers include Cote Brasserie and a Waitrose supermarket with Zizzi, Pizza Express, Caffè Nero and Everyman Cinema also represented within the town
Future redevelopment and change of use potential (subject to lease and necessary consents)
Prominent location in affluent and popular Surrey town

Lot 86
Auction 18th October 2018
Rent £53,000 per Annum Exclusive
Status Sold
Price £840,000
Sector
Restaurant
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 4 miles south-west of Kingston upon Thames, 14 miles north-west of Guildford
Roads: A3, A307, A309, M25 (Junction 10)
Rail: Esher Railway Station
Air: London Heathrow Airport

Situation

The property is prominently situated on the southern side of High Street, at its junction with Dawes Court in the heart of Esher town centre. Nearby occupiers include a Waitrose supermarket and Côte Brasserie, with other occupiers on High Street including Zizzi, Pizza Express, Farrow & Ball, Boots the Chemist, Costa Coffee and Caffè Nero. Waitrose supermarket car park and other public car parking is nearby, with parking for approximately 150 cars. Sandown Park Racecourse is also located nearby, at the end of High Street (A307).

Tenure

Freehold.

Location

Miles: 4 miles south-west of Kingston upon Thames, 14 miles north-west of Guildford
Roads: A3, A307, A309, M25 (Junction 10)
Rail: Esher Railway Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property, a detached building, comprises a double-fronted ground floor restaurant with ancillary accommodation on the first floor. The property benefits from a garden to the rear as well, as parking for two cars.

VAT

VAT is not applicable to this lot.

EPC

Description

VAT

VAT is not applicable to this lot.

EPC

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/ (Reversion)
Ground First	Restaurant/Ancillary Ancillary	101.47 sq m 42.25 sq m	(1,092 sq ft) (455 sq ft)	K. NGOEYPAIBOON & G.Y. JEFFERY t/a Siam Food Gallery (1)	25 years from 12/09/2000 on a full repairing and insuring lease	£53,000	12/09/2020 (11/09/2025)
Total		143.72 sq m	(1,547 sq ft)			£53,000