Connaught House, Ripley – Multi Let Office Investment


The property is located on the outskirts of Ripley, a village settlement within the county of Surrey. Situated on the B2215, the property enjoys a prominent position. The settlement is 4 miles (6.4 km) distance from the M25 motorway (junction 10), 10 km (6.2 mi) southeast of Woking, 11 km (6.8 mi) northeast of Guildford and 38 km (24 mi) southwest of Central London.

Immediate occupiers include Plumb Centre, Shell PFS and NSUWT. Local amenities include Talbot Hotel, Drake’s Restaurant, Kitchen retailer, convenience store, butchers, cobblers and bakery. There are two schools in Ripley, Ripley C of E Primary School and Ripley Court Preparatory School.

The settlement falls within the district of Woking, which has a population of circa 100,000; set over 40,000 homes. Public transport includes local buses, there is no rail link to Ripley. The road network is good, the A3 trunk road is accessed north and south bound at a distance of only 0.5 miles.


The property forms a detached office building arranged on ground and first floor only, it is a modern structure built circa 2000. Amenities include raised floors, suspended ceilings, category 2 lighting, air conditioning, 8 person passenger lift, male & female WC’s on each floor. The building is well appointed throughout. The property sale includes service roads, flower beds, detached substation / detached store and parking for 79 cars.


The property has an established B1 use, however there is significant scope for an array of alternative uses STPP.


The property holds a net internal area of:

First Floor 666.14 6,660
Ground Floor 671.22 7,225
TOTAL 1,337.36 13,885

Investment opportunity

An opportunity exists to acquire the freehold interest in a modern multiple let modern office building. The property is offered subject to the existing leases with an annual rental income of £206,480 per annum (see tenancy schedule).


The property is held freehold. Perry Hill are acting as agents for the Fixed Charge Receivers,

Investment considerations

  • A modern fully let, well maintained office building
  • Annual income production of £206,480 per annum
  • The site could be suitable for conversion/extension/development (STPP)


The property is elected to VAT, VAT is payable on purchase price.


Offers for the freehold interest are sought at £2.35 million, subject to contract, exclusive of VAT and net of purchaser’s costs.


Each party to bear its own costs in relation the sale.

For Sale: £2,350,000

Property Details

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