The property is located within a prominent local parade along the Southern end of Worplesdon Road, less than a mile from the A 3 access at Cathedral Hill and two miles from Guildford Town centre. The unit is slightly set back from the road and benefits from a forecourt area to the front as well as a large parking area to the rear which could fit in excess of 8 cars double parked.
The Freehold includes the ground floor cake and coffee shop retailer with the existing lease running until 1st September 2030 , outside the LTA 1954 with a mutual break option on 1st September 2025. The ground floor retail includes a quality fitted out customer and retail display area, with rear kitchens and stores.
The above large 3 -bedroom flat has a 99 -year lease from 24th June 1997 , with current annual ground rents of £100.
The large rear yard provides plentiful customer parking, with scope for additional development akin to the works completed by the neighbouring property.
|Total||51.9 sq m||558 sq ft|
£310,000 per annum.
Rateable Value: £16,000
Rates Payable: £7,840 (2023/2024)
C - 69
Each party to bear their own legal costs incurred in the transaction
Strictly by appointment with the sole agents Owen Isherwood.