Dorking Road, KT23

Offers in excess of £395,000- Please view by appointment only and do not disturb the tenants.

This attractive mixed-use freehold investment is fully let and situated in the sought-after residential area of Bookham.

Currently leased to a dog grooming business on a 10-year lease commencing October 2020, the commercial unit generates a rental income of £8,000 per annum. The lease includes rent reviews at the 3rd, 6th, and 9th anniversaries and is drafted inside the Landlord and Tenant Act 1954. The property benefits from convenient off-street parking at the front, available for shop customers. Please be advised that Franklin Commercial have not reviewed the lease. The shop measures approximately 507 sq ft.

The first-floor flat is let separately under an Assured Shorthold Tenancy (AST) at £850 per calendar month. It features a private entrance, offering added privacy and appeal to tenants. The flat features a double bedroom, a spacious front-facing living room, a separate kitchen, and a bathroom, with a total area of approximately 495 square feet.

We are advised that a previous planning application was submitted for the construction of an additional flat to the rear of the premises. Although the application has since lapsed, it may present future development potential subject to renewing the planning permission.

Shop EPC Band - C

Flat EPC Band - D