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Plot for sale
Downhall Road, Kingston Upon Thames, Surrey, KT2
£950,000
Downhall Road, Kingston Upon Thames, Surrey, KT2
£950,000
Our Summary
- PLANNING Detailed planning consent was granted in 2012 for 'The erection of a boathouse' building comprising 821 square metres for use as a Restaurant/ Cafe on first floor with a ground floor reception, plantroom and alterations to mooring facilities
Description
The Riverside Restaurant property is located on the waterfront and boasts magnificent views of the river. The site features a secure wet dock that could be used for a hospitality launch or mooring for customer vessels, and the Freehold includes 100ft of frontage with Riparian rights for mooring alongside the restaurant. The property is situated near Thameside carpark and has on-street parking nearby, with several multi-story carparks within a few hundred yards. Kingston-upon-Thames is undergoing extensive development, including new housing, shops, and offices, and has a thriving local student population. The property has detailed planning consent for a boathouse building, and the internal layout plans are indicative, allowing for customization to meet the incoming purchaser/occupier's needs. The property's demographics are impressive, with 20 million visitors per year, £360 million in annual tourism expenditure, and a primary catchment population of 874,000. The area has a strong retail sector, with a £3 billion turnover and a 12% increase in population by 2022. The property is ranked 17th best shopping centre in the UK and 3rd in London, and 43% of shoppers combine their visit with another activity.