Retail Property (high street) for sale

24 High Street, Camberley, Surrey, GU15 3RS

Under Offer 725 sq. ft. | £275,000

Property Description

Commercial information

  • 725 sq ft (67 sq m)

Key features

  • PROMINENT TOWN CENTRE LOCATION
  • WELL ESTABLISHED RETAIL, HOT FOOD AND A2 LOCATION
  • IDEAL FOR TYPE A2 USE OR HOT FOOD USE SUBJECT TO PLANNING CONSENT
  • ONE/TWO PARKING SPACES
  • FIRST TIME ON THE MARKET FOR OVER 20 YEARS

Full description

Tenure: Freehold

LOCATION
The premises are set in a busy High Street location, with neighbours including WH Smiths, McDonalds, KFC, Robert Dyas, plus you are a few minutes' walk to Main Square Shopping Centre where the occupiers cover most of the spectrum of household name retailers.

DESCRIPTION
A well known three storey character building, set within a busy part of the High Street. The property on the ground floor provides open plan space that can be adapted to suit an occupier's needs.

ACCOMMODATION
The premises are arranged on the ground floor with an approximate floor area
as follows:-

Ground Floor 725 ft 67.2 m
Shop Frontage 12 ft 8" 3.89 m
Shop Depth 61 ft 18.8 m

FREEHOLD
The property is available freehold subject to two ground lease flats on the first and second floors which have their own access to the rear. We understand from our clients that both ground leases have been sold on 125 year leases, and have been running for around 4 to 5 years, the ground rent is currently 175 pa per flat, rising to 250 pa after 25 years from lease commencement, then up to 500 pa after this period.

FREEHOLD PRICE
Offers in the region of 275,000 for the freehold interest of the premises with vacant possession and subject to the upper floor ground leases.

TO LEASE
Alternatively the premises are available on a new lease with length of lease term by negotiation, at an annual rent of 23,000 exclusive of all other outgoings.

VAT
We understand from our clients that VAT is not chargeable.

BUSINESS RATES
A Rateable Value of 23,250, with approximate rates payable of 11,555.25.

LEGAL COSTS
Each party to bear their own legal costs in the matter.

26 HIGH STREET CAMBERLEY
Please note that our clients also own next door 26 High Street where the ground
Floor is subject to a lease to Chancellors Estate Agents, and the two upper floors
are being vacated within the near future, and we believe there is strong potential to redevelop the upper floors to provide two, two bedroom flats (subject to planning). For further information please call David Savage at Clare & Co.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Camberley (0.1 mi)
  • Blackwater (1.5 mi)
  • Frimley (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clare & Co, Farnborough

7 Alexandra Road, Farnborough, GU14 6BU

01252 915173 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Camberley (0.1 mi)
  • Blackwater (1.5 mi)
  • Frimley (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clare & Co, Farnborough

7 Alexandra Road, Farnborough, GU14 6BU

01252 915173 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 24HighStreetCamberley. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Clare & Co, Farnborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.