Surrey Heath Borough Council is continuing its review of its property portfolio to identify surplus and underutilised sites that can deliver financial returns and greater community value. As part of this process, a town centre property in Camberley is now available for purchase.
Property Details
Address: 6–10 Princess Way, Camberley
Size: 13,000 sq ft ground-floor retail space and 26,000 sq ft upper floor space
Current Occupiers: Poundland and Pets Corner
This substantial property offers significant potential for redevelopment into modern, desirable town centre housing or continued commercial use.
For full details, visit Rightmove - https://www.rightmove.co.uk/properties/171030305#/?channel=COM_BUY
Councillor Kel Finan-Cooke, Portfolio Holder for Property and Economic Development, said: “This is a fantastic opportunity to acquire a large commercial property in the heart of Camberley. The town is vibrant, affluent, and well-connected, making it an attractive location for both residential and commercial investment, mirroring other successful adjacent developments.”
Camberley – A thriving location
Camberley has undergone extensive improvements led by Surrey Heath Borough Council and local businesses in recent years.
Recent enhancements include:
- Upgraded High Street and public realm areas with new paving, lighting, and planters
- Modernised Square Shopping Centre
- Well-maintained car parks with ongoing improvements
The town also benefits from a proactive Business Improvement District, ‘Collectively Camberley’, which drives footfall through events, promotions, and awards.
Find out more at www.camberleybeinspired.com.
Why is the council selling?
The review of Surrey Heath Borough Council's property portfolio is being conducted to support the council’s financial sustainability, with proceeds from property sales helping to maintain essential services for residents. Each site is assessed against its community value, current use, activity levels, financial return, future potential, and whether the council is the natural owner or if a community group or company would be better placed to own the site.
Many of the sites could also unlock brownfield development opportunities for much-needed affordable housing for key workers, young families, and first-time buyers. Brownfield sites reduce the pressure on development of local greenspaces protecting what is best about Surrey Heath.