Princess Way & Albert Road, Camberley

Offers around £1,650,000

Freehold commercial building benefiting from full planning permission to convert the upper parts and extend the existing structure to create residential flats. The property currently consists of three ground floor commercial units, with the upper floor occupied as a martial arts school. Planning consent has been granted to transform the first floor into four flats and to add two additional storeys, providing a further six flats.

Planning for - 7 x 1 beds, 2 x 2 beds, 1 Studio Flat & retaining the 3 existing commercial units

The retail units are currently generating a rental income of £76,000 Per Annum.

The property is situated in a popular and thriving location, surrounded by a wide variety of local shops, restaurants and the Camberley Mall. Within walking distance to Camberley Train Station, providing convenient links into the city.

GIA - New builds - 3962 SQFT
Conversion - 2142 SQFT
Commercial - 1906 SQFT

S106 - £31,931.68 / CIL - £117.000 APPROX scl-land

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