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.
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.
There is potential to add additional floors to this property STPP.
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.
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Rateable Value: Unit 1 -£12.750 Unit 2- £8,300
Rates Payable (21/22): £10,506 per annum
Unit 1: B - 34
Unit 2: E - 112
Flats - C
Each party to bear their own legal costs incurred in the transaction
Strictly by appointment with the sole agents