Ground floor office/shop for sale
The property is situated on Church Street in a prominent location near to the High Street. Weybridge benefits from excellent road networks with the town being 2 miles from Junction 11 of the M25 at Chertsey and the A3 is 4 miles distant at the Cobham junction. This in turn gives easy access to the national motorway network at Heathrow and Gatwick Airports. Weybridge also benefits from a mainline railway station approximately 5 minutes walk away providing a fast and frequent service to London Waterloo. Other local occupiers include Cotes Brasserie, The Queen's Head (The White Brasserie Company), Majestic Wine and A-Plan Insurance.
Two adjoining double fronted retail units
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.
Shop and flat for sale
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.
Freehold investment opportunity
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.
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.
Retail investment opportunity
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.
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. |
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.