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Bishopsmead Parade, East Horsley

Wills & Smerdon, East Horsley

Retail Property (high street)


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Key features

  • Mixed Retail & Residential Freehold Opportunity
  • Let Shop & Vacant Offices
  • Ground Rent of 5 Modernised Apartments to the Upper Floors
  • Lease for Vacant Office will also be Considered


A mixed Retail/Office & Residential Freehold investment opportunity in this Landmark shopping parade. For sale subject to contract with existing leases.

Price: Offers Invited in Excess of £425,000 Plus VAT

It is expected that the sale will be treated as a transfer of a going concern (TOGC).

We are delighted to offer for sale the Freehold of both 5 & 6 Bishopsmead Parade which comprises two retail/office units to the ground floor - one providing a passing rent of £12,500 pa Exc + Vat and a larger retail/office space currently vacant and ERV of £18,000 pa Exc + Vat.

Forming part of this three storey classic Chown parade building, with the upper two levels having been completely remodelled and converted to five residential apartments which have been sold on long leases with a Ground Rent collection of £500 pa. The building is built of painted brick elevations with exposed timbers, under a pitched, tiled roof that was also replaced as part of the refurbishment.
No 5 comprises a ground floor commercial premises of 735 sq ft Let to Apple Tree Studios.
No 6 comprises a vacant ground and basement premises totalling 1,283 sq ft previously Let to Hedleys Solicitors.
The 5 flats are accessed from the rear and are spread across the 1st and 2nd floors of Nos 5 and 6. Each flat has a dedicated single parking space.

Lease Details:
Apple Tree Studio (No 5) - rent of £12,500 pa Exclusive - VAT on a full repairing and insuring lease. Terms agreed for new Lease. EPC C (60)
Ex Hedleys Solicitors (No 6) - Lease expired June 2023. ERV £18,000 pa Exclusive + VAT on a full repairing and insuring lease. Final refurbishment works in hand. EPC D (88)

All 5 flats are sold with long leases (circa 110 years unexpired)
Ground Rent Payable £500 pa (£100 pa per flat)

Rateable Values obtained from the 2023 rating list (Guildford Borough Council)
No 5 - £10,000 pa - shop & premises
No 6 - £10,250 pa - office and premises

Wayleaves, Easements, Covenants & Right of Way
The property is sold subject to and with the benefits of all existing wayleaves, easements, covenants and rights of way whether mentioned or not in these particulars.

Plans, Areas and Schedules:
Are available upon request and provided for reference purposes only. No warranty for accuracy can be given. Floor Plan for No 6 shown on Page 5 of this brochure.

VAT: The whole of the property is covered by an Option to Tax registered with HMRC in 2007.


Bishopsmead Parade, East HorsleyBrochure

Energy Performance Certificates

EE Rating

Bishopsmead Parade, East Horsley


Distances are straight line measurements from the centre of the postcode
  • Horsley Station0.9 miles
  • Effingham Junction Station1.8 miles
  • Bookham Station2.7 miles
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About the agent

Wills & Smerdon, East Horsley

6 Station Parade, East Horsley, KT24 6QN

Wills & Smerdon, East Horsley

Wills and Smerdon, which incorporates the residential sales business of Goodrick-Meech, are the longest established Estate Agents in the villages of East Horsley and Ripley. The two offices work hand in hand to specialise in the sale, letting and management of all types of property in the area.

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Industry affiliations

Ombudsman for Estate Agents and Lettings Estate AgentsNational Association of Estate AgentsAssociation of Residential Letting Agents


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Disclaimer - Property reference 32651881. The information displayed about this property comprises a property advertisement. 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 Wills & Smerdon, East Horsley. 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.

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