Property Information
Address:
Ground Floor, 41 Old Woking RoadWest Byfleet, Surrey, KT14 6LG
, KT14 6LG
Price: Property no longer available.
Size: 485 sq ft45 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH607475
Property Ref/Agent: 6899-ground-floor-41-old-woking-road-west-byfleet
*Please use the agent ref when calling the agent directly.
Property description
Property Type
Retail, Investments
Availability
For Sale
Size
485 sq ft
Price
Offers in excess £200,000
Business Rates
£6,260 per annum (based on rateable value of £12,750)
Energy Performance Rating
Upon enquiry
Retail investment opportunity
Location
The property is located within a retailing parade fronting the main thoroughfare Old Woking Road (A245).
West Byfleet provides amenities and services by way of national and independent occupiers, including Waitrose, Lloyds, Barclays, Natwest, Subway, Costa and Boots.
Key Points
Long leasehold interest for sale
Ground floor retail premises
The property comprises a ground floor A1 retail unit with wc facilities.
Accommodation
The property has been measured on a net internal basis:-
Retail Area
397 sq.ft.
37 sq.m.
Ancillary
88 sq.ft.
8 sq.m.
Total Area
485 sq.ft.
45 sq.m.
Tenure
Long leasehold subject to an underlease of the whole. Long leasehold interest (subject to Deed of Variation) for a term of 99 years from 29th September 1986 on a peppercorn rent.
Tenancies
The premises are subject to an underlease for the whole let to Knapford House Limited t/a Smart Cartridge on an effective full repairing and insuring basis for a term of 10 years from 11th September 2014 at a passing rent of £11,500 per annum exclusive subject to upward only rent reviews every 3 years. There are tenant only break options every 3 years, subject to not less than 6 months prior notice in writing.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.
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