12B Worplesdon Road

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Key Points

Summary

Rare freehold sale opportunity

Description

The property lies within the middle of a parade along Worplesdon road. The Freehold includes the ground floor cake and coffee shop retailer with the existing lease running until 1st September 2030, outside the LTA 1954 with a mutual break option on 1st September 2025. The ground floor retail includes a quality fitted out customer and retail display area, with rear kitchens and stores.

The above large 3-bedroom flat has a 99-year lease from 24th June 1997, with current annual ground rents of £100. The occupier has previously requested for an extension of the long leasehold.

The large rear yard provides plentiful customer parking, with scope for additional development akin to the works completed by the neighbouring property.

Viewings

Strictly by appointment with the sole agents Curchod & Co.

Location

The property is located within a prominent local parade along the Southern end of Worplesdon Road, less than a mile from the A3 access at Cathedral Hill and two miles from Guildford Town centre.

The unit is set back from the road and benefits from a forecourt area to the front plus a large parking area to the rear which could accommodate roughly 8 car parking spaces.

Terms

Sale of the Freehold at the quoting price of £360,000

Legal Costs/VAT

Each party to be responsible for the payment of their own legal costs incurred in the sale.

Prices are quoted exclusive of VAT which may be charged.

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.