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For Sale£440,000.00

5 & 6 High Street, Bramley, Surrey, GU5 0HB

Retail , 1818 Sq Ft
Property type: Retail
Tenure: For Sale Freehold
Size: 1818 Sq Ft
Price: £440,000.00
Location: 5 High Street, GU5 0HB
Freehold Retail Investment For Sale

Two Commercial Tenancies Producing £27,200 p.a.
Centrally Located in Bramley High Street
Close Proximity to Guildford and Cranleigh
168.98 sq. m. 1,818 sq. ft.

The properties are located in a prominent position on Bramley High Street; approximately 3.5 miles south of Guildford Town Centre. Bramley is accessible by car along the A281 Horsham Road and is situated almost equidistance between Guildford and Cranleigh. Nearby retailers include Boots, Nisa, and The Bramley Barber shop with free local parking available opposite at Bramley Library.

This freehold sale includes two retail units occupied by Kilfeather & Dunbrill and The Jade Inn with The Jade Inn’s tenancy including a 2 bed flat forming the upper parts.

5 High Street: 67.67 sq. m. / 728 sq. ft.
6 High Street: 41.47 sq. m. / 446 sq. ft.

2 Bed Flat: 59.84 sq. m. / 644 sq. ft.

Total 168.98 sq. m. / 1,818 sq. ft.

Commercial Leases
5 High Street is occupied on a 10 year eFRI lease dated 4th February 2014 at an annual rent of £11,000 p.a. with a tenant only break and open market rent review in 2019.

6 High Street is let on a 20 year eFRI lease dated 3rd September 2001 at an annual rent of £16,200 p.a. with open market rent review due every 4th anniversary of the term. There are no breaks applicable on this tenancy.

£440,000 (No VAT).

Rating: 6 High Street: G -172
5 High Street: D - 79

5 High Street:
Rateable Value: £13,000
Rates Payable: £6,058 (2017/18)

6 High Street:
Rateable Value: £9,300
Rates Payable: £4,333.80 (2017/18)

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

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