Cedar House 78 Portsmouth Rd, Cobham, SURREY, KT11 1HY, UK

Cedar House, Cobham

Asset Description

Cedar House is a prominent office building fronting Portsmouth Road, providing 31,113 sq ft over ground and three upper floors.

Originally constructed in 1997, the property has a concrete frame with external brick cladding and is rich in amenities such as conference rooms and event space.

The ground level entrance opens to an attractive full height atrium, forming the centrepiece of the building, along with a spacious reception. The ground floor also benefits from a fully fitted auditorium along with kitchen and dining areas.

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Attributes

Year built

1997

Year renovated

2019

Building area net

31,113 sf

Land area gross

1 acres

Number of floors

4 floors

Parking spaces

Tenure

Freehold

Media

Investment Highlights

• Freehold office building located within the affluent village of Cobham in the Borough of Elmbridge, Surrey.

• Situated within close proximity to Cobham High Street with a wealth of local and national retailers, including a Waitrose supermarket.

• Prominent 1.48-acre site with significant alternative use potential subject to obtaining the necessary consents.

• Cedar House is a highly specified office building totalling 31,113 sq ft which was subject to a £6 million refurbishment in 2019 (£193 per sq ft) to provide future-proofed office accommodation.

• 96 on-site car parking spaces providing an attractive ratio of 1:307 sq ft on the office accommodation.

• Draft allocated for residential within the emerging Elmbridge Local Plan, as well as the opportunity to take advantage of the recently amended Permitted Development rights subject to meeting the necessary requirements.