COVID-19 – Important Auction Information
For Sale By Auction | 10:30, 27 October 2021 | Lot 48

Ground Floor, 86 High Street, Dorking, Surrey, RH4 1AY

*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

Auction Date

Wed 27/10/2021

Auction Time

10:30

Auction Venue

Live Stream

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.