Owen Isherwood, Guildford

208 High Street, Dorking, RH4 1QR

Offers in region of

£450,000

Size

1,353

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Other use(s)
Other, Residential development
Frontage
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No floor / site plan

Key features

  • Retail Tenant on a new 21-year lease from June 2024 at £20,000pa.
  • Fixed 5th year rent review on the retail premises to £24,500pa.
  • Two-bedroom duplex apartment above let on an AST at £14,160pa.
  • Total income of £34,160pa.
  • Business in situ operating for a number of years, having had a recent change in management.
  • Desirable location with retail vacancy rates within Dorking around 10% - 11% - well below the national average.

Description

The premises are occupied by a retail tenant on the ground floor operating as a dry cleaner with all appropriate fixtures, fittings and equipment in situ. The unit is set over a single ground floor separated by stairs to the rear, with the initial shop floor having partition walls separating the front from the rear.
Set directly above and separately from the retail unit is a two-bedroom apartment set over both the first and second floors. This is currently occupied under and AST agreement and falls within the Homes Act 2018.

The town of Dorking is situated within the home counties, occupying a sought-after area within the Surrey Hills area of outstanding beauty.
Being a fifteen-minute drive from the M25 ring-road around London, fifteen minutes away from Reigate due East, as well as a short twenty-minute drive West towards Guildford.
Public transport connections include three national railway stations into the capital and on to the South Coast, as well as bus connections along the High Street to nearby towns.

Strictly by appointment only with Owen Isherwood as the Sole Agent.

C(62) - Retail Unit
C(69) - Apartment

Retail unit is let on a 21-year lease from June 2024 at £20,000pa.
Apartment above currently occupied under on an AST agreement and falls within the Homes Act 2018 at £14,160pa.
Owen Isherwood, Guildford

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Additional information
Service charge
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Business rates
£7,610
Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

208 High Street, Dorking, RH4 1QR

NEAREST STATIONS

National Rail

Dorking (Deepdene) Station

0.44 miles

National Rail

Dorking West Station

0.52 miles

National Rail

Dorking Station

0.59 miles

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Disclaimer - Property reference 348676-1. 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 Owen Isherwood, Guildford. 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.