*Guide | £125,000+ (plus fees)
- Retail Property (high street)
- Tenure: Leasehold. The property is held on a 999 year lease from 23rd December 2020 (thus approximately 998 years unexpired).
Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £16,000 per annum
The property comprises a ground floor shop situated within a terrace building arranged over ground and first floors.
Tenure
Leasehold. The property is held on a 999 year lease from 23rd December 2020 (thus approximately 998 years unexpired).
Location
The property is situated on a busy commercial road. Nearby multiples include Sainsbury's, Starbucks and NatWest. The open spaces of Cotmandene are within easy reach. Transport links are provided by Dorking West rail station.
Accommodation
Ground Floor Lock up Shop
Tenancy
The shop is let on a 15 year FRI lease from 1st October 2020 to an individual at a rent of £16,000 per annum with rent reviews every five years. The tenant has paid a £4,000 + Vat deposit.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
