
Wey Hill, Haslemere, GU27
- PROPERTY TYPE
Commercial Property
- SIZE
2,095 sq ft
195 sq m
Key features
- Mixed-Use Investment Opportunity
- Three Established Retail Units
- Excellent Transport Links
- Road Connectivity
- Income of £41,700 per annum
Description
Prime Multi-Let Mixed-Use Investment Opportunity - Clay Hill House, Haslemere
Clay Hill House presents a unique and well-positioned mixed-use investment property in the heart of Haslemere. This mid-20th century property consists of 3 x tenanted ground floor commercial units.
Located in a prominent position on Wey Hill, a bustling commercial and residential area in Haslemere, the property benefits from excellent footfall, surrounded by cafés, restaurants, supermarkets, and other local amenities. The retail units are well-established, with reliable tenants contributing to a steady income stream. The current contractual income from these units is £39,000 per annum, which will be topped up by the landlord to £41,700.
Haslemere continues to experience strong local demand for both commercial and residential properties, ensuring the long-term appeal of this investment. The property is also ideally located just 0.5 km from Haslemere Train Station, providing direct services to London Waterloo in approximately 50 minutes. Additionally, it is only 3.6 km from the A3, offering easy access to the M25, M3, and beyond.
The property has benefited from ongoing maintenance and upgrades, including recent exterior redecoration and refurbishments to the communal areas, ensuring its upkeep and enhancing its overall appeal. With its mix of residential and commercial spaces, this property offers a solid potential for consistent rental income and long-term value growth.
This mixed-use development presents an exciting opportunity for investors seeking a property in a thriving location with diverse income potential.
The property benefits from mains -connected utilities, including water, drainage, gas, and electricity.
No warranties are provided regarding the condition or suitability of these services; however, based on our inspection, all services appeared to be operational.
The investment opportunity is offered to the market seeking offers in excess of £695,000, subject to contract, on a new 999-year head lease subject to the subsisting tenancies.
This reflects a highly attractive Net Initial Yield (NIY) of 6.00% on the contracted income.
Pre-auction sales are invited.
The Property is sold on an unconditional basis, purchasers considering alternative uses or even development are deemed to rely upon their own enquiries.
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation.
Wey Hill, Haslemere, GU27
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Haslemere Station0.3 miles
- Liphook Station3.5 miles
- Witley Station4.7 miles
Notes
Disclaimer - Property reference 502012_000295. 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 Barney Estates and Auctioneers, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barney Estates and Auctioneers, London on 020 8432 7330.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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