1-2 Beacon Hill & 1 Bankside, Beacon Hill, Hindhead, Surrey GU26 6NR

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1-2 Beacon Hill & 1 Bankside, Beacon Hill, Hindhead, Surrey GU26 6NR

Retail 2609 Sq ft For Sale £425,000 + VAT

Location

The premises is located on the North side of the A287 on the corner of Beacon Hill Road. The closest larger towns are Farnham, Haslemere, Petersfield and Guildford, with access to the A3 (Portsmouth to London) to the south of Beacon Hill giving onwards travel via the M25 to the national road network. Nearby occupiers included Dominos, Scoops, Headmasters, Beacon Hill Garage and Beacon Hill Primary School providing a lively parade with regular footfall. The closest rail links are from Haslemere which has regular services between London Waterloo and Portsmouth Harbour.

Description

1 Bankside is a brick built single storey construction with a flat roof and traditional office frontage to the A287. The retail space extends the length of the building to the rear wall and can be completely open although currently it is split using partition walls.

1-2 Beacon Hill is a brick built single storey construction with a flat roof and single glazed wooden shop fronts. The retail space is split between two units, a larger unit extending the length of the building on the right-hand side and a smaller unit half the depth of the building on the right-hand side.

There is no parking associated with the building, but a free carpark located a few hundred meters from the premises.

Accommodation  

 AVAILABLE  SQ FT  SQ M
 1-2 Beacon Hill Road 1,837.2  170.7 
 1 Bankside 771.3  71.6 
TOTAL  2,608.5  242.3 

Price

£425,000 (+VAT)

Terms

The Phyllis Tuckwell lease renewal is with solicitors due to complete soon for a new 5 year term at £12k per annum and we are under offer on the vacant unit for a term of 15 years with mutual breaks every 5th year at £11,000 per annum. Total proposed income is £23k per annum. The unit to the rear will remain vacant but estimated rental value (ERV) is £12k per annum. Development potential for the whole site.

Business Rates

1 Bankside – Rateable Value £9,400 (23/24)

1 Beacon Hill – Rateable Value £9,300 (23/24)

2 Beacon Hill – Rateable Value £8,300 (23/24)

EPC

1 Bankside – E - 112

1 Beacon Hill – C – 67

2 Beacon Hill – To Be Assessed

Anti Money Laundering Policy

In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Viewing

Strictly by appointment with the sole agents.

Charlie  Williams

Charlie Williams
Graduate Commercial Surveyor
07456899972
charlie@owenisherwood.com

Adam Fenney

Adam Fenney
Director
07983 204530
adam@owenisherwood.com

CLASS E UNIT

  • Retail
  • 1400 Sq ft
  • To Let
  • £29,000 pax

  • Retail
  • 3000 Sq ft
  • To Let
  • £65,000 pax
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