Retail Property For Sale - Surrey, GU15 2QN - 2690 sqft

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146 Frimley Road, Camberley, GU15 2QN

Retail 2690 Sq ft For Sale £695000

Key Points

  • Freehold Investment Opportunity
  • Scope for Future Redevelopment STPP
  • Adjacent to Newly Constructed Reisdential Development
  • Two Retail Units on Ground Floor
  • Two Large One Bedroom Flats on First Floor 

Location

146 Frimley Road is located at the Southern edge of Camberley and is only a couple minutes drive from junction 4 of the M3. The property is located within a prominent
parade of retail units and is adjacent to a newly constructed residential scheme that also features a co op convenience store on the ground floor.

Description

The property is a brick built two storey detached building containing two retail units on the ground floor and two one bed flats with their own separate access on the first floor. There is a parking to the rear of the property which is included within the demise that allows parking for 2-4 cars.

Retail Unit 1 is let to a dry cleaners for a term of 15 years expiring March 2032 paying £10,000 per annum.
Retail Unit 2 is let to a Launderette user for 15 years until July 2030 at £8,000 per annum.
Both flats are occupied on AST’s providing a combined income of £18,900 per annum.  Total income £36,900 per annum.

Accommodation  

AVAILABLE SQ FT SQ M
GF- Retail 1,217 113
FF- Flats 1,472 137
Total 2,690 250

Price

Offers in excess of £695,000 

Business Rates

Unit 1:
Rateable Value: Unit 1 -£12.750 Unit 2- £8,300
Rates Payable (21/22): £10,506 per annum

EPC

Unit 1: B - 34

Unit 2: E - 112

Flats - C

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

NEW

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