Historic Farnham freehold investment hits the market

Curchod & Co has launched The Oast House, 5 Mead Lane, Farnham, to the market as a freehold investment opportunity, at an asking price of £775,000.

The Grade II Listed building extends to 6,529 sq ft and has been subdivided into 11 lettable suites, currently let to five tenants generating £53,823.66 per annum. With five suites currently vacant, there is potential to increase income to approximately £108,500 per annum through active asset management, offering a purchaser an attractive opportunity to add value from day one.

The property also offers longer-term potential for conversion to residential use, subject to planning, making it a rare and versatile freehold opportunity in one of Surrey’s most sought-after market towns.

The Oast House occupies a prominent position on Mead Lane, opposite Farnham Town Football Club and within 500 metres of Farnham town centre and the award-winning Lion & Lamb Shopping Centre, anchored by Waitrose and home to a range of independent retailers, cafés and restaurants including Gail’s Bakery and Côte. The property benefits from on-site parking and is within walking distance of Farnham railway station, which offers direct services to London Waterloo in around 50 minutes, as well as to Woking and Clapham Junction.

Matthew Munday at Curchod & Co, commented: “The Oast House represents a rare opportunity to acquire a freehold, multi-let asset in the heart of Farnham. With five of the eleven suites currently vacant, there’s genuine scope for a purchaser to drive income through active management, while the building’s Grade II Listed character and central location also lend themselves well to a potential longer-term residential conversion, subject to planning. We’re expecting strong interest from both investors and owner-occupiers looking for a versatile town centre asset.”

For further information or to arrange a viewing, contact either Nick Reeve or Matthew Munday at Curchod & Co on 01252 710822.

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