Farncombe is one of five wards that make up the town of Godalming in Surrey and is approximately 0 8 miles (1.3 km) north east of the Godalming centre, separated by common land known as the Lammas Lands. The village of Compton lies 1.8 miles ( 3 km) to the northwest and Bramley 2 miles ( 3 km) to the east; whilst Charterhouse School is to the west.
Farncombe is served by the Portsmouth London Waterloo mainline service through Farncombe railway station which is less than 200 yards from the subject property. The A3 is also close by and offers good transport links to the South Coast and M2.
The subject property is part of the 1960 ’s mixed use parade of retail units on the ground floor and residential above formed of brick elevations with hanging tile finishes and a flat roof. There is a parking area to the rear, and we understand that each retail unit has been demised 1 parking space behind each of their shop units within this area Ignoring Tenants fit out, the units are effectively a large rectangle with services and a WC area to the rear.
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Rateable Value: £9,000
Rates Payable (20/21): £4,391.20
100% Small Business Rates Relief should apply for elgible occuipers.
Currently let 15 Year term from March 2018 at a rent of £10,000 per annum. Notices have been served for the March 2023 rent review at £16,500 p.a
£220,000 on a new 999 year long leasehold interest with nil Ground Rent.
Each party to bear their own legal costs incurred in the transaction
Strictly by appointment with the sole agents