113 Collingwood Crescent

share

bookmark

Key Points

Summary

Newly Let Retail Investment

Description

A ground floor lock up shop trading as Bevan Wilson Physiotherapy the internal accommodation was completely refurbished in 2016 to a high standard. As
you enter the property there is an open plan reception area with partitioned treatment rooms running down the right hand side of the building and additional treatment, staff and WC areas to the rear.

Location

113 Collingwood Crescent is a ground floor retail unit located in a busy neighborhood parade serving the surrounding, mainly residential, area Whilst located in Merrow Guildford Town Centre is just 2 miles away, with the A 3 London to Portsmouth Road, Royal Surrey Hospital and Surrey University also located equidistant around 2 miles from the subject property. The nearest form of public transport are bus stops located immediately adjacent with buses no 23 & 25 operating services between Merrow, Cranleigh and Guildford.

Tenure

The property is available on the basis of a “sale and leaseback” with a new 25 year internal repairing lease at 22 000 p a (with 5th year Rent Reviews Break Clauses) to be entered into by Bevan Wilson upon completion of the sale contracts.

The interest to be acquired is a 959 year unexpired long leasehold interest with 1/8th share of the Freehold.