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Commercial properties for sale in Brocks Close, GU7

Create Alert 77 results Sorry, we currently do not have any listings for sale in 0 miles of Brocks Close, GU7 - Please find below the nearest listings available.
For Sale£350,000.00
Must See
Mulberry Court is located on the A30 close to the centre of Bagshot. Junction 3 of the M3 is 1 mile away, which provides direct access to the A322. Bagshot Railway Station is within walking distance which provides services to Ascot and Guildford and in turn London Waterloo which takes approximately 1 hour 10mins, Bagshot High Street along with all the centres amenities is just a short walk away.

This self-contained building provides modern open plan office space over ground and first floors. The office has heating and comfort cooling, a kitchenette, a disabled WC on the ground floor alongside a WC on the first floor.

There are two designated parking spaces onsite plus further unrestricted roadside parking nearby.

Key Features
• Modern Open Plan Building
• Heating and Comfort Cooling
• Perimeter Trunking
• Kitchenette
• WC on both floors
• Onsite Parking


Ground Floor 602sq ft. 55.9sq.m.
First Floor 634sq ft. 58.9sq.m.
Total 1,236sq ft. 114.8sq.m.
(Gross Internal Area)

Freehold Vacant Possession

Rateable Value - £10,750
Business Rates Payable 2019/20 - £5,278.25
(Please check these figures with the local authority, small business relief could reduce this figure significantly)

An estate service charge will be payable by the Purchaser. Further details upon application.

Each party to pay their own legal costs.

We understand that this property is elected for VAT. All figures quoted are exclusive of VAT.


2 Mulberry Court, London Road, Bagshot, GU19 5DT
Type: Office, Offices
Location: 2 Mulberry Court London Road, Bagshot, GU19 5DT
Size: 1236 Sq Ft
Images: 1
View Property
For Sale£425,000.00
New

Freehold Office Building with Potential for Resi Conversion (STP)



Location

Located on the A247 in a mainly residential area but close to local amenities. Just 1.6 miles from Woking train station and the town centre.



Additional Details

Kingfield House is a two storey detached office building to be sold with vacant possession.

Suitable for office B1 use or has the potential for residential conversion subject to planning.

The property benefits from an external single storey garage and also has parking for up to 9 cars. 

The property was previously the Kingfield Post Office. 

Kingfield House, Woking, GU22 9EG
Type: Office, Offices
Location: Kingfield House, Kingfield Road, Woking, GU22 9EG
Size: 1440 Sq Ft
Images: 2
Brochures: 1
View Property
For Sale£7,800,000.00
New
Mixed use investment with exciting development potential. - The subject property provides two retail units with separate self-contained offices above, accessed via Leapale Road. 14 North Street provides a ground floor retail unit with sales and rear ancillary accommodation. 15 North Street provides a ground floor retail unit with first floor ancillary space. To the rear of 14 North Street is a shared loading bay accessed via Leapale Road, and a 64 space Council owned car park.

The offices are arranged over three floors providing a total of 7,664 sq ft of multi let accommodation that are accessed by a lift and staircase.
Norwich House, 14-15 North Street, Guildford, GU1 4AF
Type: Mixed Use, Storage, Other Property Types & Opportunities, Industrial
Location: Norwich House, 14-15 North Street, Guildford, , Guildford, GU1 4AF
Size: 16982 Sq Ft
Images: 1
Brochures: 1
View Property
Under OfferFor sale: POA
Unit 5 The Parade, 36 Reading Road, Yateley GU46 7UN Virtual freehold retail investment for sale in a popular precinct in Yateley, Hampshire. 20 year lease term with no breaks until October 2026.



(From Caldes Software. Property Ref: N472. May 23 2019 3:13PM)
Unit 5 The Parade, 36 Reading Road, Yateley, GU46 7UN
Type: General Retail, Residential, Retail
Location: Unit 5 The Parade, 36 Reading Road, Yateley, GU46 7UN
Size: 1065 Sq Ft
Images: 2
Brochures: 1
View Property
For Sale£350,000.00
New
The property is a detached, three storey building arranged ove basement, ground and first floors.

- Former Natwest bank premises
- Totalling 2,178 sq ft
- Offers in excess of £350,000
- The unit benefits from A2 use
- The ATM on the property's western facade is being retained by the bank
- Which will pay £5,000 pa on a five year lease
Former Natwest Bank For Sale in Petworth
Type: General Retail, Retail
Location: Natwest - Former, Market Square, Chichester, Petworth, GU28 0AL
Size: 2178 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£195,000.00

Self-Contained Office For Sale. 100% Small Business Rates Relief Available. Prominent Location with Good Onward Transport Links.



Location

St. Johns is a leafy residential suburb of Woking, the subject property is on the main shopping parade for the local residents between The Co-Op and an independent fitness studio. The property is close to parking, both on street and within a council owned car park situated on St. Johns Lye Park. The nearest train station is located in Woking, 2.7 miles away and a 8 minute drive from the subject property with regular services to London Waterloo. Bus stops are located less than 1 minute away offering services on Buses 28 to Woking and the 34/5 between Camberley and Guildford.



Description

9/9A is a modern, part two storey, mixeduse development built in the past 10 years. It is of brick construction with pitched, tiled roofs, uPVC windows and plastic rainwater goods throughout. The ground floor offices are accessed via a self-contained entrance on the right hand elevation and internally there are three office areas, a kitchenette and WC. It is in a good decorative order with painted walls, carpeted floors and a suspended ceiling with Cat II lighting.

Accommodation

The useable floor area is approximately:

|  Office 1  |  11.5 sq m  |  119 sq ft |
|  Office 2  |  16.62 sq m  |  179 sq ft |
|  Office 3  |  12.5 sq m  |  135 sq ft |
|  Kitchenette  |  4.57 sq m  |  49.2 sq ft |
|  Total  |  44.74 sq m  |  482 sq ft |



Legal Costs

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

Viewing

Strictly by appointment with the sole agents
9A St John's Road, St John's, Woking, GU21 7SE
Type: Office, Offices
Location: 9A St John's Road, St John's, , Woking, GU21 7SE
Size: 482 Sq Ft
Images: 2
Brochures: 2
View Property
For SalePOA

6 Acre site with established business centre. Potential for other uses or development subject to planning.



Location

The Passfield Business Centre, Nr Liphook, Hampshire is 10 minutes from the A3 with fast connections to the M25, and the mainline railway service to London, Waterloo (approx 1 hour). It stands in landscaped grounds of 6 acres offering a choice of office, storage and some light industrial units, with amenity space and extensive car parking.



Description

Passfield Business Centre sits in a 6 acre landscaped site in Passfield just outside Liphook. There is an existing business centre of around 30,000 sq ft with a mix of office and industrial tenants on short term occupational agreements. The site could be suitable for a range of alternative uses subject to the relevant consents being obtained. Further details are available on application.

Terms

The freehold of the site is offered for sale.
Passfield Business Centre, Liphook, GU30 7SB
Type: Land, Other, Commercial Land, Other Property Types & Opportunities
Location: Passfield Business Centre, Lynchborough Road, Passfield, Liphook, GU30 7SB
Size: 6 Acres
Images: 1
Brochures: 4
View Property
For Sale£210,000.00

Town centre office



Location

The property is situated in a highly prominent position on the corner of Park Street and fronting onto the London Road. The property being in a town centre location is within easy walking distance of all the shopping and other amenities associated with the town.



Description

The property comprises a ground floor office suite presented in a single open plan area. The property is currently finished to a shell ready for occupiers specific fit out requirements. Underfloor heating has been provided along with facilities for a wc. The design enables a suspended ceiling with recessed lighting.

Terms

The property is available for sale. Price on application.
Parkgate House, 185-187 London Road, Camberley, GU15 3JS
Type: Office, General Retail, Retail - High Street, Retail - Out of Town, Offices, Retail
Location: Parkgate House, 185-187 London Road, , Camberley, GU15 3JS
Size: 461 Sq Ft
Images: 2
Brochures: 1
View Property
For Sale£950,000.00
OR
For Rent£60,000.00 Per Annum

Two adjoining double fronted retail units



Location

The property is prominently positioned on the busy High Street of the affluent town of Cobham in Surrey, which lies 20 miles south west of London. Cobham has excellent transport links with London and the A3 with direct access to Junction 10 of the M25. Nearby retailers include Waitrose, Starbucks, Costa, Sainsbury's Local, Boots and The Ivy.



Description

The property comprises two adjoining double fronted retail units which although currently connected can be easily split. Each unit has its own entrance to the High Street and offers open plan sales with ancillary space and toilet facilities to the rear.

Tenure

The premises are available individually or as a combined unit on a new full repairing and insuring lease on a term to be agreed. The rent is payable quarterly in advance. A service charge will be payable for the upkeep of any communal areas/repairs. Alternatively the shops can be sold on long term leases.
39-41 High Street, Cobham, KT11 3DP
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 39-41 High Street, , Cobham, KT11 3DP
Size: 815 - 1685 Sq Ft
Images: 3
Brochures: 4
View Property
For SalePOA

Shop and flat for sale



Location

The property is located in a prominent position on the well established thoroughfare of Horsell high street. The property is in close proximity to a number of facilities, including the Co-op, local cafe's and restaurants. Woking town centre is located approximately 1.2 miles to the south east. Junction 11 of the M25 is located circa 5.6 miles to the east and provides access to the national motorway network.



Description

The property comprises a two storey semi detached property with retail accommodation on the ground floor together with first floor flat which benefits from its own separate access. The retail premises benefits from WC facilities and ancillary space to the rear. The first floor flat has 2 bedrooms, living room, toilet and bathroom. Off-street parking is located at the front of the unit.

Terms

The property can be offered with vacant possession or alternatively with residential tenant in the flat. Further details on application.

Legal costs

Each party to be responsible for their own legal costs.
78 High Street , Woking, GU21 4SZ
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 78 High Street, Horsell, Woking, GU21 4SZ
Size: 734 Sq Ft
Images: 2
Brochures: 2
View Property
For Sale£1,100,000.00
OR
For Rent£20.00 Per Sq Ft

Prominent period Grade II Listed office building



Location

Queen Anne House is situated on Bridge Road just off the A30 London Road and within easy walking distance of the local amenities of Bagshot and the local railway station. Junction 3 of the M3 motorway is 1 mile away and the M25 is less than 8 miles drive.



Description

Queen Anne House provides a highly attractive period building with office accommodation arranged over ground and two upper floors. The property sits within its own plot which provides secure car parking and an element of gardens to the side which could be utilized particularly in the summer months. The accommodation is relatively cellular in nature albeit some of the internal partitions could be removed to open up larger areas for occupation. The property is configured such that it is capable of being occupied either as a whole or on a floor by floor basis depending upon individual occupiers requirements.

Terms

The property is available by way of a new lease for a term to be agreed on effective full repairing and insuring terms. The rent is exclusive of all outgoings. Our client would also sell the property.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.

Service Charge

Common costs of occupation of running the property, including gas and electricity, will be recovered by way of a service charge and the budget estimate for the first year is £5.51 per sq.ft. per annum.
Queen Anne House, Bagshot, GU19 5AT
Type: Office, Offices
Location: Queen Anne House, Bridge Road, Bagshot, GU19 5AT
Size: 856 - 3671 Sq Ft
Images: 6
Brochures: 2
View Property
For SalePOA

Land currently used as a builders yard.



Description

The subject property is currently used as a builders yard. The site extends to approximately 19,000 sq ft and there are a variety of storage and welfare buildings that extend to approximately 4,000 sq ft. Of the remaining area roughly 10,000 sq ft provides good quality hard standing with the remainder comprising clear ground.

Terms

My client is seeking a freehold disposal of the site.

Legal Fees

Each party will be responsible for their own legal fees in this transaction.
Weybeck Yard, Bordon, GU35 9AB
Type: Land, General Industrial, Commercial Land, Industrial
Location: Weybeck Yard, Walldown Road, Whitehill, Bordon, GU35 9AB
Size: 19000 Sq Ft
Images: 6
View Property
For Sale£500,000.00
OR
For Rent£17,500.00 Per Annum

Refurbished self-contained offices



Location

The office is situated just off the Queens Road and within easy reach of Weybridge mainline station. There is good access to the M25 motorway network at Cobham or Chertsey intersections.



Additional Details

An excellent office suite on two floors, recently refurbished to a high standard.  Casual parking is available locally and there is a nearby car park in York Road.

The main access to the office is approached via a security gate from South Road.  There is also a pedestrian security gate to Queens Road.

For Sale

The freehold is available for sale in conjunction with No 3 Beacon Mews (580 sq ft), which is let at £15,000 pa on a 5 year lease from May 2018, drafted outside the Security of Tenure provisions of the Landlord & Tenant Act 1954.  There is a mutual break after 2 years.  The tenant is a limited co and there is a 3 month rent depsoit lodged.  Further details are available on request.

Lease Terms

Subject to negotiation.

Legal Costs

Each party to be responsible for their own legal costs.

2 Beacon Mews, South Road, Weybridge, KT13 9DZ
Type: Other, Office, Other Property Types & Opportunities, Offices
Location: 2 Beacon Mews, South Road, , Weybridge, KT13 9DZ
Size: 786 Sq Ft
Images: 5
Brochures: 3
View Property
For Sale£775,000.00

Freehold investment opportunity



Location

Weybridge is an affluent and prosperous town situated some 20 miles to the south west of Central London. It benefits from excellent communications being located approximately 3 miles from Junction 11 of the M25 and 4 miles from the A3. This in turn gives easy access to the national motorway network and Heathrow and Gatwick international airports. The premises are situated in a prominent location on the High Street with nearby occupiers including Toni and Guy, White Stuff, Fat Face, Whitewall Garlleries, Vodafone, Boots, W H Smith, Pizza Express, Prezzo, Waitrose, Starbucks and Cafe Nero.



Additional Details

The freehold is formed of a two storey building comprising a ground floor retail and restaurant occupied by an established Italian delicatessen offering high quality Italin produce.  The upper parts are sold off and consist of residential accommodation on the upper floors.

Tenancies

The ground floor is let to Macari's Italy (by assignment) on a full repairing and insuring lease for a term of 15 years from 13th July 2012 at rent of £50,000 per annum.

The two flats are sold off on 999 year leases.

Legal Costs/VAT

Each party will bear their own legal costs.

VAT may be chargeable at the prevailing rate.

 

 

 

 

 

10-12 High Street, Weybridge, KT13 8AB
Type: Other, Restaurants/Cafes, General Retail, Retail - High Street, Retail - Out of Town, Other Property Types & Opportunities, Licensed & Leisure, Retail
Location: 10-12 High Street, , Weybridge, KT13 8AB
Size: 1615 Sq Ft
Images: 2
Brochures: 1
View Property
For Sale£200,000.00

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. The towns of Woking and Weybridge are 4 miles away with the M25 at Chertsey, Junction 11, and the A3 at Cobham via Parvis Road and Byfleet Road (A245), giving access to the national motorway network. West Byfleet station offers a frequent and direct service to London Waterloo.



Additional Details

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.

Ground Floor, 41 Old Woking Road, West Byfleet, KT14 6LG
Type: Other, General Retail, Retail - High Street, Retail - Out of Town, Other Property Types & Opportunities, Retail
Location: Ground Floor, 41 Old Woking Road, , West Byfleet, KT14 6LG
Size: 485 Sq Ft
Images: 2
Brochures: 1
View Property
For SalePOA

Fully serviced freehold land



Location

Bordon is situated in an ideal location within very close proximity to the A3(m) which gives access to the South Coast and which to the north links in with the national motorway network. The estate is ideally situated on the A325 close to a Tesco supermarket and immediately adjoining the established Woolmer Trading Estate. The town is currently going through a dramatic period of change following the withdrawal of the MOD with approximately 3,500 new homes to be built. In addition a new town centre with extensive community facilities including a future skills centre/new health and leisure facilities will also be developed. These changes will dramatically boost the resident population labour pool.



Additional Details

Viking Park comprises a fully serviced site with approximately 7 acres of land remaining available.  The site is mainly level and is ready for development.  A 1.5 acre site has recently been sold to Coomers Builders Merchants whilst Bobby's Foods occupy a distribution warehouse and the highly successful Woodlarks Public House occupies a site fronting the A325.

Plot Sizes

Plots B & C - up to 2.72 acres (1.10 hectares)

Plots D & E - up to 2.19 acres (0.88 hectares)

Plots F & G - up to 2.12 acres (0.85 hectares)

Terms

Serviced sites are available from approixmately 1 acre for development/occupation.

Price

Offers are invited based upon a price per acre of £675,000 subject to contract.  VAT will be payable.

 

 

Viking Park, Bordon, GU35 9AH
Type: Land, Commercial Land
Location: Viking Park, Petersfield Road, Bordon, GU35 9AH
Size: 1 - 7 Acres
Images: 3
Brochures: 1
View Property
For Sale£215,000.00
Industrial Unit For Sale. Offers in the region of £215,000 freehold. Ground floor 822 sq ft (76.36 sq m). Mezzanine 207 sq ft (19.23 sq m). Situated on a small industrial estate on the North West side of Dorking.
Unit 1, Havenbury Estate, Dorking
Type: Industrial
Location: Unit 1, Havenbury Industrial Estate, RH4 1ES
Size: 1029 Sq Ft
Images: 1
Brochures: 1
View Property
Under OfferFor sale: POA
Unit 5 The Parade, 36 Reading Road, Yateley GU46 7UN Virtual freehold retail investment for sale in a popular precinct in Yateley, Hampshire. 20 year lease term with no breaks until October 2026.



(From Caldes Software. Property Ref: N471. May 17 2019 11:27AM)
Unit 5 The Parade INV, 36 Reading Road, Yateley, GU46 7UN
Type: Residential
Location: Unit 5 The Parade INV, 36 Reading Road, Yateley, GU46 7UN
Size: 1065 Sq Ft
Images: 2
Brochures: 1
View Property
For Sale£180,000.00

Prominent location close to Cranleigh High Street Available on a Freehold basis. Currently producing £9,650 p.a. 542 sq. ft.



Location

The subject property is located towards the Southern end of Ewhurst Road, just off the High Street (B2128). Ewhurst Road is one of the main vehicular thoroughfares into Cranleigh and as a result there is plenty of passing trade. Nearby occupiers include Dobbe’s Flower Shop, Cranleigh Bridal, Woodford Family Funerals and Forbidden City Chinese Takeaway.



Description

5 Ewhurst Road is formed of a Ground Floor A1 retail unit with a residential flat above. The shop is formed of a large open plan retail area to the front and small lobby area flanked by an office/kitchenette and WC to the rear. The shop is fitted out to a good standard with wood laminate floor covering and LED spotlights.

Tenure

The property is currently leased to Pablo Mouro on an agreement that expired on the 27th Feb 2018; the current tenant is holding over on the previous terms and has indicated that he would like to renew. The long leasehold flat is for a term of 99 years from 24th June 1987 (68 years unexpired) with a stepped ground rent (currently £50 p.a.) every 33 years from commencement.

Legal Costs

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

Viewing

Strictly by appointment with the sole agents

Accommodation

The useable floor area is approximately as follows:

|  Retail Area  |  44.2 sq. m.  |  475 sq. ft. |
|  Office  |  2.3 sq. m.  |  25 sq. ft. |
|  Kitchenette  |  2.5 sq. m.  |  27 sq. ft. |
|  WC  |  1.4 sq. m.  |  15 sq. ft. |
|  Total  |  50.4 sq. m.  |  542 sq. ft. |

5 Ewhurst Road, Cranleigh, GU6 7AA
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 5 Ewhurst Road, , Cranleigh, GU6 7AA
Size: 542 Sq Ft
Images: 3
Brochures: 1
View Property
For Sale£1,250,000.00
Summary
Affluent South East town

Ten years unexpired to Pizza Express

Prominent site with large surface car park offering medium term development potential

Offers in the region of £1,250,000, subject to contract

7.5% Net Initial Yield

Location
Woking is an affluent South East town in Surrey which forms part of the London commuter belt. It is approximately 48 km (30 miles) south-west of Central London, 39 km (24 miles) south-east of Reading and 10 km (6 miles) north of Guildford.

Woking benefits from extensive transport communications and is approximately 8 km (5 miles) south-west of Junction 11 of the M25 Motorway. Junction 3 of the M3 Motorway is some 11 km (7 miles) to the north-west. The town is also served by the A3 which is approximately 6.4 km (4 miles) to the south.

Heathrow Airport is situated approximately 22 km (14 miles) to the North and Gatwick Airport 48 km (30 miles) to the south-east. There is a direct, mainline rail service to London Waterloo plus fast, regular services to the south coast and the South West. Trains depart for the capital every few minutes, throughout the day, and the journey takes 25 minutes.

Woking is a dynamic growth town, ranked in the top 20% of UK local authorities for economic vibrancy. Over the last decade, Woking’s population has grown by 9% (NOMIS) with 56.1% of those working in the town in managerial, professional and technical occupations; 11% above the British average. Moreover, 45.7% of the population is qualified to NVQ Level 4 and above; 8.6% above the British average. Several global names have invested in their operations in the town, including McLaren, Asahi, Petrofac, Cap Gemini, WWF-UK and Mustang Engineering. Woking has one of the largest concentrations of knowledge sector businesses in the UK (Source: Woking Works).

Situation
The subject property occupies a prominent position on the corner of Goldsworth Road and Oaks Road. Woking Train Station and Woking Shopping Centre are both less than 0.8 km (0.5 miles) away.

Nearby occupiers close by include Zizzi (opposite), Kwik Fit.

Victoria Square Development

The subject property is within 300 metres of the Victoria Square development which is on track for phased completion in 2020. Sir Robert McAlpine is spearheading the £500 million pound transformation, which is a joint venture between Woking Borough Council and Moyallen Group.

At 34 and 32 storeys high, the two residential towers will feature over 400 high specification apartments which will benefit from full concierge facilities, an external garden, and an amenity space for residents.

The 23 storey third tower will be home to a 189 room flagship Hilton Hotel which will include senior and junior suites, a new lobby bar, all-day dining restaurant, sky bar, conference facilities and an on-site café.

The new development will be anchored by 11,612 sq m (125,000 sq ft) of commercial space featuring a new Marks & Spencer food and clothing store across 4,645 sq m (50,000 sq ft), multi-storey car park, a medical centre and two public plazas.

In addition to the new car park, sited under the M&S and retail units, the project has also incorporated the demolition and redevelopment of the Shoppers’ Red car park. When combined, the rebuilt 1,382 space Shoppers’ Red car park and the new M&S car park, will provide an additional 740 car parking bays for Woking town centre. (Source: Woking.gov.uk)

Description
The property comprises a prominent terrace, of restaurant, bar and residential accommodation, arranged over ground and two upper floors, occupying a prominent corner position.

The ground floor comprises a Pizza Express restaurant at 65-67 Goldsworth Road and “Archee’s” bar at 69-71 Goldsworth Road.

The upper floors provide five self-contained residential flats accessed from the rear of the property. Three have been sold off on long leases (but these are within the lease of the entire property to Pizza Express).

Furthermore, the property benefits from a large surface car park at the rear.

Accommodation
The property has been measured by BKR Floor Plans and provides the following Net Internal Areas:

No 65 – 67
Gross Frontage 48 ft 1 inch 14.65 m
Net Frontage 44ft 6 inches 13.56 m

No 69-71
Gross Frontage 40ft 9 inches 12.42 m
Net Frontage 37 ft 11 inches 11.56 m

No 65 – 67: Ground Floor
Zone A 638 sq ft 59.27 sq m
Zone B 846 sq ft 78.59 sq m
Zone C 435 sq ft 40.41 sq m
Remainder 7 sq ft 0.65 sq m
ITZA 1,170
Total Net Internal Area 1,926 sq ft 178.93 sq m
Total Gross Internal Area 2,257 sq ft 209.68 sq m

No 65b: First Floor
Gross Internal Area 576 sq ft 53.51 sq m

No 65a: Second Floor
Gross Internal Area 304 sq ft 28.24 sq m

No 69 - 71: Ground Floor
Zone A 758 sq ft 70.42 sq m
Zone B 518 sq ft 48.12 sq m
Zone C 414 sq ft 38.46 sq m
ITZA 1,120

Total Gross Internal Area 5,278 sq ft 490.33 sq m
A set of floor plans is available to download and the measured survey report will be assigned to a purchaser at a cost of £550 + VAT.

Tenure
With the exception of Number 67 Goldsworth Road, the entire property is held freehold.

Number 67 Goldsworth Road is held on a 200 year leasehold from 1st March 1991 at a fixed rent of £16,000 per annum.

Tenancy
The entire accommodation, including the residential upper floors, is let on full repairing and insuring terms to Pizza Express Limited (Co. no 01404552) for a term of 25 years from 30th June 2004 expiring 29th June 2029. The current passing rent is £115,207.61 per annum with the lease providing for five yearly upward only rent reviews.

Hence, the total investment gross income for a purchaser will be £115,207.61 per annum and the net income £99,207.61 per annum.

Sub-Tenancy
The ground floor accommodation at 65/67 Goldsworth Road has been sublet to Pizza Express Restaurants Limited under a sublease dated 21 December 1994 between S Long and K Chapman (1) Pizza Express (Soho ) Limited ( company no. 00646528 ) (2) for a term expiring on 28 September 2019. This sublease is now vested in Pizza Express (Restaurants) Limited (company no. 02805490 )

The ground floor accommodation at 69/71 Goldsworth Road has been sub-let by Pizza Express Limited to Archees Bar & Restaurant Limited (Co. no. 04286065) from 4th January 2017 to 14th June 2029 at a rent of £32,000 per annum, subject to rent reviews on 30th June 2019 and 30th June 2024.

The residential accommodation at numbers 65a and 65b Goldsworth Road, which is let to Pizza Express, has a subtenant (AST) in respect of No 65a paying £725 per month. We are advised that Flat 65b is vacant.

Summary of Tenure, Tenancy and Occupation
Ownership Ground Floor First Floor (Flat a) Second Floor (Flat b)
No 65 Freehold Freehold Freehold
No 67 Leasehold Leasehold Leasehold
No 69 Freehold Freehold Freehold
No 71 Freehold Freehold Freehold


Occupation Ground Floor First Floor (Flat a) Second Floor (Flat b)
No 65 Pizza Express Individual Individual
No 67 Pizza Express sold off sold off
No 69 Archees sold off sold off
No 71 Archees sold off sold off


Letting Ground Floor First Floor (Flat a) Second Floor (Flat b)
No 65 Pizza Express Pizza Express Pizza Express
No 67 Pizza Express Pizza Express Pizza Express
No 69 Pizza Express Pizza Express Pizza Express
No 71 Pizza Express Pizza Express Pizza Express


Sub-Letting Ground Floor First Floor (Flat a) Second Floor (Flat b)
No 65 N/A Individual Individual
No 67 N/A sold off sold off
No 69 Archees sold off sold off
No 71 Archees sold off sold off

Covenant
Pizza Express opened its first restaurant in London on Wardour Street in 1965. The company floated on the London Stock Exchange in 1993, become private again in 2003, before re-floating in 2005. The company was acquired in 2007 by private equity group Cinven and more recently acquired in 2014 by Hony Capital at a figure reported of £900m. It is reported that the company has 470 restaurants across the United Kingdom with a further 100 overseas.

For the year ending 31st December 2017, Pizza Express (Restaurants) Limited (Co. no 02805490) reported a pre-tax profit of £68.473m on turnover of £396.559m, with a balance sheet of £713.637m.

For the year ending 31st December 2017, Pizza Express Limited (Co. no 01404552) reported a pre-tax loss of -£4.519m. The accounts report that the loss is based upon the disposal of Firezza Holdings including a write off of intercompany balances and costs which amounted to -£11.295m. In the meantime, the balance sheet is reported at £106.198m.

For further information see www.pizzaexpress.com

Archees Bar & Restaurant Limited (Co. no. 04286065) has reported for the year ending 30th November 2017 shareholder’s funds of -£13,161.

VAT
The property is elected for VAT. We anticipate that the sale should be capable of being treated as a Transfer of Going Concern (TOGC).

Proposal
We are instructed to seek offers in the region of £1,250,000 (One million, Two hundred and Fifty Thousand Pounds), subject to contract, reflecting a net initial yield of 7.50%, assuming standard purchaser’s costs of 5.96%.

Please note that a purchaser will be re-charged the costs of searches and surveys which are provided in the data room.

Please note that a purchaser will be charged a Transaction Fee of £5,000 plus VAT.

Investment Considerations
An opportunity to purchase an investment in an affluent South East town

Ten years unexpired lease term to Pizza Express

Prominent site with a large surface car park offering medium term development potential

There is an opportunity to obtain vacant possession of the two residential flats above Number 65 Goldsworth Road at lease expiry. We suggest that the potential value of these flats is in the region of £400-500,000

£1,250,000, subject to contract

7.50% Net Initial Yield
Attractive Leisure/Restaurant South East Investment Opportunity
Type: Retail, Flat, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Residential, Licensed & Leisure
Location: 65-67 Goldsworth Road, GU21 6LJ
Size: 304 - 2257
Images: 28
View Property
For SalePOA
Must See
Planning permission for conversion to 5 townhouses

10 private car parking spaces

Circa 371.6 sq m (4,000 sq ft) over two floors

Grade II listed building

Available with vacant possession
FOR SALE - Residential Development Opportunity - West Dorking Surrey RH4 2AA
Type: House, Residential
Location: Horsham Road, RH4 2AA
Size: 4000 Sq Ft
Images: 1
View Property
For Sale£250,000.00
Long Leasehold Shop For Sale. Offers in the region of £250,000. Ground floor shop/office 676 sq ft. Stores 157 sq ft. Basement 334 sq ft. Situated to the eastern end of Dorking High Street.
241 High Street, Dorking
Type: Office, Offices
Location: 241 High Street, RH4 1RT
Size: 833 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£765,000.00
Freehold For Sale. Offers in the region of £765,000. Comprising two shops, one office and one flat. Located in the town centre with established tenants.
74 -78 South Street, Dorking
Type: Office, Offices
Location: 74 -78 South Street, Dorking, RH4 2HD
Images: 1
Brochures: 1
View Property
For SalePOA
OR
For Rent£14.00 Per Sq Ft



(From Caldes Software. Property Ref: N1516. Apr 19 2019 12:40PM)
Unit 1 Bourneside Estate, Station Road, Woking, GU24 8AS
Type: Industrial Park, Industrial
Location: Unit 1 Bourneside Estate, Station Road, Chobham, Woking, GU24 8AS
Size: 1041 - 4178 Sq Ft
Images: 2
View Property
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