125 High Street, Cranleigh, GU6 8AU

Key Points

• Investment Property Let to Strong Covenant.
• Located in Attractive Surrey Village of Cranleigh.
• Quoting Price Represents a GIY of 7.86%
• Lease inside Act with Expiry in June 2027
• Fully Repairing and Insuring Lease.

Location

The subject property is located on a prime pitch of Cranleigh High Street in Surrey. Cranleigh is a bustling village located roughly 9 miles South of Guildford and 10 miles Northwest of Horsham. Nearby occupiers include Cook, M&S, Sainsbury’s & Pizza Express.

Description

125 High Street is a ground floor retail unit currently occupied by Oxfam and benefits from a small mezzanine storage area to the rear of the shop and 2 demised car parking spaces in the yard to the rear. This property offers significant potential to purchase a solid income producing asset in a very desirable part of Cranleigh High Street.

Accommodation 

Price

£350,000

Business Rates

Rateable value: £23,500

Rates payable: £11,726.50 per annum

EPC

C (60)

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 Owen Isherwood