146 Frimley Road, Camberley, GU15 2QN

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  

Price

£735,000

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

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Viewing

Strictly by appointment with the sole agents