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Auctions / Ashtead

Land Adjacent Fountain Cottage, The Marld, Ashtead, Surrey, KT21 1RW

Guide Price* : £2,650

PARCEL OF LAND

  • Freehold Land
  • Approximately 0.017 Hectares (0.042 Acres)
  • Occupied Under 3 Agreements

Description

The property comprises a parcel of land approximately 0.017 hectares (0.042 acres) which houses an electricity substation.

Location

The property is located off The Marld in Ashtead, Surrey approximately ½ a mile northwest of Ashtead village centre. The Marld is a residential road featuring a mix of detached and semi-detached houses, with properties typically surrounded by private gardens and mature trees.

Fountain Cottage is close to local amenities in Ashtead, including shops, schools, and recreational facilities. The surrounding area is known for its green spaces, with Ashtead Common, a large area of woodland and open land, located nearby, providing opportunities for walking, cycling, and other outdoor activities. The location offers a blend of suburban living with convenient access to essential services and transportation links.

Tenure

Freehold under Title Number SY770155.

Tenancy

Substation Agreement – 1966
Landlord: Surrey County Council
Tenant (Lessee): South Eastern Power Networks PLC
Term: 99 years from 29 September 1966 (expires 28 September 2065)
Consideration: £25 premium
Use: Electricity sub station only
Early Termination: Tenant can end lease with 3 months’ notice after they stop using the site

BT Wayleave - 20 February 2024
Landlord: Surrey County Council
Tenant: British Telecommunications plc (Openreach)
Apparatus: 1 BT pole with associated wiring/cables
Payment: £157.50 one off
Rights Granted: BT can install, maintain, upgrade, repair, share, and remove their apparatus, with access rights
Termination: BT can end on 3 months’ notice or without notice in the event they remove the permitted apparatus or cease to be a person to whom the code is applied. Landowner can only end on 18 months’ notice and only for redevelopment or specific statutory grounds (Electronic Communications Code)

Garden Licence Agreement - 12 September 2023
Licensor: Surrey County Council
Licensee: Stephen Gilchrist (Licensee)
Property: Land adjacent to 1 Fountain Cottages, The Marld, Ashtead (area shaded pink on the plan)
Use: Garden land ancillary to the Licensee’s property
Licence Fee: £12.50 per month, adjustable by SCC with 3 months’ notice
Term: Rolling licence . Runs until terminated under clause 4
Termination: Either party may terminate on 2 months’ notice. Licensor may also terminate for breach. Licence automatically ends if Licensee ceases to live at 1 Fountain Cottages
Key Restriction: Must not obstruct access to the BT pole or electricity substation

Legal Pack

The purchaser will be required to pay a contribution towards the sellers legal costs. Further details are available in the Special Conditions of sale in the legal pack.

VAT

Refer to the legal documentation

Energy Performance Certificate

N/A

Note

Clawback
50% of the uplift in land value (less costs) will be payable to SCC in the event that the site is resold in the same condition and with the same planning status, within a 3-year period.

Restrictive Covenant
The Purchaser shall not use the Property other than as amenity land or for recreational use only and no building or other structure shall be erected or placed upon the Property except as necessary in connection with its use as amenity and recreational land and that the Transferee will not use or permit the Property to be used or incorporated as part of any development scheme, planning application, or development proposal relating to the Property or any adjoining or neighbouring land. Further information can be found in the Legal Pack.

Vendor's solicitor

Irwin Mitchell LLP
Lucy Barber

lucy.barber@irwinmitchell.com

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.

If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.

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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

Vendors Solicitor

Lucy Barber

Agreement Documents

Additional Documents

Finance Available **

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Subject to Contract and Exclusive of VAT © Lambert Smith Hampton April 2026

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.