Key Points

Summary

Self contained office building

Description

The property is a mid terraced, self contained office building arranged on ground and one upper floor, being built of red brick under a clay tiled roof. The accommodation is mainly open plan with a separate meeting room at first floor level and a kitchen/break out area on the ground floor.

Location

The property is situated within the highly acclaimed Borelli Yard courtyard development of office buildings within a few yards of The Borough and the Central car park. Improved road communications from Farnham provide easy access to the M3 via the A331 Blackwater Valley Relief Road and the M25 via the A31/A3. Farnham mainline railway station is within a short walking distance (Waterloo approximately 50 minutes).

Terms

Our instructions are to offer the building on the basis of an assignment of the current lease which expires on 14th June 2023 at a passing rent of £16,000 per annum exclusive of business rates, utilities, building insurance, service charge and VAT. The lease is contracted outside the Landlord & Tenant Act 1954 relating to security of tenure. Alternatively a new full repairing and insuring lease could be negotiated with the landlord.

Legal Costs/VAT

Each party to be responsible for the payment of their own legal costs incurred in the letting. Prices are quoted exclusive of VAT which may be charged.