Retail premises for sale in Berkshire Road, Camberley GU15

Location

Camberley is an expanding commercial centre in north Surrey forming part of the Blackwater Valley area adjacent to the A30, the M3 motorway (junction 4) and the A331 Blackwater Valley Relief Road. Dean Parade is a neighbourhood shopping area in “Old Dean” east of the town. Existing occupiers already include a pharmacy, a Co-Op convenience store, a barber, a Chinese takeaway, a butchers, a fish and chip shop and a café.

Camberley, as a whole, is a very popular destination for restaurants, leisure activities and retail and is also the home of the Sandhurst Military Academy.

Description

3 & 4 Dean Parade provides 2 x ground floor shop units which have been combined to provide a larger shop and which have more recently been occupied as an Indian Restaurant. Above each shop is a 2 bedroomed flat (3A & 4A) each with a lounge, a separate kitchen and bathroom and two bedrooms, which are accessed separately via a first floor walkway and each flat also incorporates an open first floor terrace area at the rear. The freehold includes vacant possession of the two shops and one flat, Flat 3A. Flat 4A was sold on a 125 year ground lease in 1984, but the freehold includes the right to receive £25 a year ground rent from the long leaseholder. There is public parking close by and a single parking space with the flat (3A). There is also access to the rear of each shop.

The shop units incorporate ancillary areas at the rear which are currently laid out as a kitchen, prep areas and refrigeration areas but could be easily used for storage, office use, other ancillary uses, etc., subject to undertaking works. There are also existing W.C. Facilities.

Areas Unit 3 838 sq ft (77.9 sq m)
Unit 4 834 sq ft (77.5 sq m)
Total approx. Area 1,672 sq ft (155.4 sq m)

Internal width of each shop approx. 15 feet 5 inches / 4.7m
Gross depth of each shop approx. 54 feet 2 inches / 16.5m

The above areas have been calculated on a gross internal basis from measurements taken on-site.

Freehold for sale

The freehold of 3/3A and 4/4A is being offered for sale (please note 4A has been sold off on a long leasehold basis) and offers are invited in excess of £440,000 plus VAT.

Business rates

As at April 2023 the Rateable Value for the retail premises is £9,900, the rate in the £ is 0.499 pence and the rates payable, for the year April 2023/24, should be approx. £4,950. Please note: A ‘small business (a business with only one premises) would not pay any Business Rates at all under current arrangements.

Possesion and viewing

The premises are available immediately. Arrangements to look at the premises can be made by contacting the sole agents;