Summary - 43A CHERTSEY ROAD WOKING GU21 5AJ
1 bed 2 bath Office
Flexible income property with conversion potential close to transport and amenities.
- Prime town centre location, short walk to Woking station
- Approximately 1,684 sqft over three floors
- Producing £30,000 per annum from short‑term licences
- Licences include two‑month break clauses (flexible occupancy)
- Potential office-to-residential conversion (Class MA, STPP)
- EPC D (87); likely requires insulation and modernisation
- No private outdoor space; busy pedestrianised high street
- Local crime levels reported as very high
A prominent three‑storey Victorian office in Woking town centre, this leasehold property combines immediate income with clear scope to add value. Currently arranged over approximately 1,683–1,684 sq ft, the building produces £30,000 per annum from multiple short‑term licences, each with two‑month break clauses — offering flexibility for an investor or an owner‑occupier looking to occupy part or all.
The property is well placed for transport and town amenities, a short walk from Woking mainline station and surrounded by shops, cafés and services. There is demonstrable reversionary rent potential (current passing rent below estimated market), and Class MA office-to-residential conversion could be explored subject to prior approval, giving a tangible repurposing route for longer‑term plans.
Buyers should note material negatives alongside the upside. The site sits on a busy pedestrianised high street with very high local crime statistics, no private outdoor space, and the building will require modernisation to maximise value. Construction is solid brick (period property, likely little insulation) with an EPC rating of D (87), and parts of the upper floors have lower ceilings and compact room sizes.
For investors the asset offers immediate yield and short‑term re‑letting flexibility; for owner‑occupiers or developers the building provides conversion potential and scope to improve energy performance and layout to capture higher rents or residential value. All planning proposals and conversions remain subject to the necessary approvals.
Block of apartments for sale in Waterloo House, Chertsey Road, Woking, GU21 5AB, GU21 — £4,600,000 • 1 bed • 1 bath • 10456 ft²
Light industrial facility for sale in 113-121, Goldsworth Road, Woking, GU21 6LR, GU21 — £2,500,000 • 1 bed • 1 bath • 7492 ft²
High street retail property for sale in 1 The Broadway, Woking, GU21 6BW, GU21 — £725,000 • 1 bed • 1 bath • 8930 ft²
Convenience store for sale in Convenience Store Investment, 1 The Broadway, Woking, GU21 5AB, GU21 — £725,000 • 1 bed • 1 bath • 2990 ft²
Commercial property for sale in Commercial Way, Woking, GU21 — £1,750,000 • 1 bed • 1 bath • 4691 ft²
Land for sale in 11-13 Victoria Way, Woking, Surrey GU21 6DD, GU21 — POA • 1 bed • 1 bath • 17424 ft²
