Commercial properties for sale in Cherry Tree Lane, GU7
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Weybridge is a prosperous town located some 20 miles south-west of Central London, 2 miles from Junction 11 of the M25 and 4 miles from Junction 2 of the M3. Heathrow Airport is approximately 8 miles north and the town benefits from a rail service to London Waterloo. The property is situated in a first class position on the southern side of the High Street close to the junction with Baker Street. Many multiple retailers are located close by including Waitrose, Boots Chemist, Santander, Natwest, Café Nero, Age UK and White Stuff amongst others.
The property is arranged on ground and two upper floors to provide a ground floor retail unit with anciallry accommodation on part of the first floor. The shop has the benefit of rear servicing via Baker Street. The remainder of the first and second floors provides 8 self-contained flats, sold off on long leases.
Freehold subject to the various leases detailed within these particulars.
Ground/Part first floors Let on a 10 year lease from 4.02.2014, so expires 3.02.2024 to WH Smith Retail Holdings Ltd. The lease has the protection of the Landlord & Tenant Act 1954. The passing rent, £92,000 was agreed with effect from the last rent review 4 February 2019. There are no further reviews or break clauses.
First/Second floor 8 flats – each flat has been sold on a long lease for a term of 125 years from 2013.
WH Smith dates back to 1792 Nationwide presence on High Street, Airports & Railway stations
WH Smith Retail Holdings Ltd (00471941) incorporated 17.08.49
Further financial info available at Companies House
For Y/E 31 August 2018, pre-tax profit – £115,766,000.
The ground/part first floor occupied by WH Smith has an EPC rating D98. A copy of the Certificate is available upon request.
£1,200,000 subject to contract and the tenancy details described above.
VAT is applicable, but if appropriate the sale could be treated as the Transfer of a Going Concern.
The property is located in the cathedral town of Guildford with a population of 65,000. Guildford is the County town of Surrey and a major commercial centre located on the A3 dual carriageway, 30 miles south-west of Central London. The town benefits from excellent communications with the A3, providing a direct link to the M25 London Orbital to the north and to the south coast. The property occupies an established trading location on the south side of North Street and close to the junction with Market Street. Nearby retailers include Sanrizz, Sevenoaks Hi-Fi, Maison Blanc, Laura Ashley and The Royal Bank of Scotland.
Wallis House comprises a four-storey building built in 1986 and comprises three upper floors of residential apartments and a ground floor retail unit let to bookmakers Done Brothers Limited. The ground floor shop has an Energy Performance Certificate rating of C55.
Please see PDF brochure for Tenancy & Covenant Information and contact details
MIXED RETAIL & RESIDENTIAL INVESTMENT - GUILDFORD TOWN CENTRE
Type: Residential, Retail
76 North Street, Guildford, GU1 4AWGBGuildfordSurreyGU1 4AW76, North Street
Investment/ break up opportunity for the forward purchase of 51 private residential units arranged over 2 blocks in central Farnborough.
The 51 flats are arranged over Blocks A and B. Block A comprises 40 private units and Block B comprises 11 private units . The opportunity for sale relates to the entirety of Block A (40 units; all private tenure) and the private tenure units of Block B (11 units). The affordable units are not included within the sale.
The flats are available with new 999 year leases, with vacant possession upon completion.
Works are underway and practical completion is due in June 2019.
Investment bulk purchase of 51 private residential units