Prime High Street Retail Investment Freehold For Sale
• Farnborough is a highly affluent South East Town • Strategically located between two shopping centres, generating significant footfall • Direct train service to London Waterloo in 34 minutes • 100% prime retailing location on the pedestrianised The Mead • Long WAULT of 9.9 years to expiry and 9.6 to tenant break options (excluding the residential ground rents) • A recently developed building providing well configured retailing space • Secured to national multiple retailers with strong covenants • Situated adjacent to a large development site, which will comprise further retail, leisure and residential space • Prime freehold parade with some elements sold off a long leasehold
Self-contained office unit with 10 parking spaces
The premises are located on the established Links Business Centre in Old Woking, a small development of office buildings backing onto Hoebridge Golf Course. Woking town centre is approximately 7 minutes by car, with its fast and frequent train service to London Waterloo of approximately 27 minutes. Road communications are excellent, with the A3 at Send just 3.5 miles distant, and in turn the national motorway network.
This single storey office building is configured in an 'L' shape, fronting an attractive courtyard area. The larger office has a partitioned area at the rear to create a meeting room, whilst the smaller office is currently open plan. There are 2 further rooms off the reception area, together with a kitchenette, and male/female/disabled WC facilities. May Court benefits from 10 on site parking spaces, 5 in the adjacent car park, and the remaining 5 allocated in the raised gravelled car park.
The offices will be offered by way of a sale of the long leasehold interest, with vacant possession. The lease is 125 years from 8th June 2001, at a rental of £1 per annum. There are therefore 109 years remaining. This lease is outside the security provision of the Landlord and Tenant Act 1954. Note:- Frobisher Capital occupy the smaller suite (324 sq ft), and would be keen to remain in occupation, should the purchaser not require occupation of the whole building.
Strictly by appointment via sole agents - Hurst Warne Peter Morgan or Clare Charrett 01483 723344