Huge town-centre plot near rail and bus interchange for regeneration.
Freehold site of approximately 4.24 acres (1.72 hectares)
A rare 4.24-acre freehold opportunity in a town-centre location, offered with a residential-led allocation in the Submission Local Plan. The parcel sits adjacent to The Square and is approximately 0.2 miles from Camberley rail station and bus interchange, giving strong local transport links and immediate town-centre footfall.
The site currently contains a mix of tenanted and vacant mid-20th century buildings, large tarmacked yards and variable-condition structures; total gross rental income within the red-line boundary is currently £487,410 per annum. Demolition of the former department store (10–12 High Street and 125–137 London Road) is scheduled by Spring 2026, and the site rooflines abut the adjoining shopping centre.
This is a strategic assembly opportunity: the council owns the majority allocation and there is potential for further land assembly subject to legal agreements. The topography slopes gently north to south and vehicular access is available from Park Street; further tenancy, measured survey and topographical information are available in the Information Pack.
Important considerations: the opportunity is subject to planning consents, legal agreements and statutory approvals. The immediate location records a very high crime statistic, and parts of the site contain buildings in varying states of repair that will require refurbishment or redevelopment. Offers for the freehold interest are invited by 12 noon on 27th November 2025.
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