16 Farnham Business Centre, Dogflud Way

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Key Points

Summary

Long leasehold investment opportunity

Description

The subject property comprises a purpose built semi-detached industrial unit, with mezzanine throughout providing first floor storage. The unit is currently used by Wolseley Centres Limited as a trade counter. The neighbouring unit is also occupied by the same tenant and is interconnected.

Location

The property is located on the Farnham Business Centre built in the late 1980's comprising a small unit industrial development adjoining Riverside Park and the Farnham Sports Centre. The town centre is within a short distance and the mainline railway station (London Waterloo 55 minutes) is easily accessible. Nearby the A325/A31 give fast access to the A3(M) and Junction 4 of the M3.

Terms

The long leasehold interest is available to purchase. This is a 99 year lease running from 15/04/1996. A ground rent of £4,216 per annum is currently payable. This ground rent is reviewed every 5 years to 36.1% of the rack rent and was last reviewed in August 2018.

Price

We are instructed to quote a price of £97,500, subject to contract and exclusive of VAT.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.