Retail premises for sale in 10 Creswell Corner, Anchor Hill, Woking GU21

Offers in region of £210,000 (£256.72/sq. ft)
Interested in this property? Call +44 1483 665824 * or Request Details

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Retail premises for sale

818 sq. ft*

Property description

Key Points

  • Tenanted ground floor retail until October 2028
  • Good reversionary yield
  • Rental income £15,730 p.a.
  • 999 year long leasehold from 25th December 1988
  • Description

    The property lies on the corner of the parade along Anchor Hill. The long leasehold of 999 years is from 25th December 1988, and includes the convenience store retailer with the existing lease running until 20th October 2028, paying £15,730 per annum, rent review October 2025, inside the lta 1954 with no breaks.

    The sale is of the long leasehold interest only for purely investment purposes, it does not include the convenience store business. Any purchasers will not have the right to occupy the property for their own use. The lease has security of tenure.

    The current ground rent for the long leasehold interest is £50 per annum.

    Location

    The property is located within a prominent local parade of Creswell Corner along Anchor Hill which adjoins Knaphill High Street, and circa 3 miles from Woking town centre.

    Viewings

    Strictly by appointment with the sole agents Curchod & Co.

    Terms

    Sale of the long leasehold interest with offers in the region of £210,000.

    Availability_Text

    The accommodation comprises the following areas:

    Legal Costs/VAT

    Each party to be responsible for the payment of their own legal costs incurred in the sale.

    Prices are quoted exclusive of VAT which may be charged.

    Anti Money Laundering

    To comply with Anti Money Laundering regulations, Curchod & Co undertake id checks for all successful purchasers and tenants where legislation requires us to do so.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Curchod & Co, GU21 on +44 1483 665824 * (local rate)

    Contact Curchod & Co about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Curchod & Co, and do not constitute property particulars. Please contact Curchod & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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