Owen Isherwood, Guildford

3A, 3B and Monument House, Monument Way West, Woking, GU21 5EN

£1,750,000

Under offer

Size

2,809 - 36,497

Tenure

Freehold

EPC

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Parking

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Primary use
Warehouse
Other use(s)
Light industrial

No floor / site plan

Key features

  • Established commercial area
  • Excellent access to the A3

Description

Plot 3B (Warwick House) fronts Monument Way West and comprises a two-storey brick building with a pitched roof and parking to the front. Plot 3A (Morrison House), accessed to the right hand side of Warwick House, is located to the rear and includes a two-storey prefabricated concrete industrial unit with a flat roof and large yard. Monument House is a multi-storey brick commercial building with gated parking and a covered loading area.

The units are located on Monument Way West, Woking, within an established commercial area. The site offers excellent access to the A3 and Junction 11 of the M25, with Woking town centre and mainline rail services to London Waterloo nearby.

Plot 3A is let to Turf Machinery on a lease expiring in 12th March 2033 at a passing rent of £47,000 p.a. with 5th yearly Rent Reviews the next being 12th March 2028. No Breaks, Inside the 1954 LL&T Act.

Plot 3B is let to Storm Lighting on lease expiring 31st August 2029 at a passing rent of £77,410.75 p.a. There is a rolling Tenant Only Break at any time from 1st September 2024 with 9 months notice in advance. Inside the 1954 LL&T Act.

Monument House is sold on a long lease dated 24th June 1993 for 125 years (92 years unexpired). Ground Rent of £5,000 p.a. with review dates in 30th September 2062 and every 10 years thereafter.

Total Income: £129,410.75 p.a.

3A (Morrison House) - Rateable Value (26/27): £48,000
3B (Warwick House) - Rateable Value (26/27): £91,000
Owen Isherwood, Guildford

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Brochure

3A, 3B and Monument House, Monument Way West, Woking, GU21 5EN

NEAREST STATIONS

National Rail

Woking Station

0.83 miles

National Rail

West Byfleet Station

1.89 miles

National Rail

Worplesdon Station

3.11 miles

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Disclaimer - Property reference 362690-1. 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.