£3,200,000
(£435.32/sq. ft)
Retail premises for saleWestfield Road, Woking GU22
8,040 sq. ft
About this property
The property comprises a mixed-use investment occupying a prominent corner position. Originally constructed in the 1930s and comprehensively repurposed in 2021, the building now provides a modern Co-op convenience store at ground floor level together with seven self-contained residential apartments arranged over the upper floors.
The residential accommodation comprises seven self-contained flats arranged over the upper floors. We understand the units are currently occupied and configured as two-bedroom flats, all finished to a modern specification and benefitting from allocated parking. The property retains attractive period character and provides a secure, diversified income stream.
Ground Floor let to Co-operative Group Food Limited on a 15-year lease (without breaks) from 26th August 2021, with cpi-linked reviews at a current rent of £94,885 per annum (next review August 2031).
7 x upper flats producing total of £140,100 per annum.
Total Income: £234,985 per annum.
The residential accommodation comprises seven self-contained flats arranged over the upper floors. We understand the units are currently occupied and configured as two-bedroom flats, all finished to a modern specification and benefitting from allocated parking. The property retains attractive period character and provides a secure, diversified income stream.
Ground Floor let to Co-operative Group Food Limited on a 15-year lease (without breaks) from 26th August 2021, with cpi-linked reviews at a current rent of £94,885 per annum (next review August 2031).
7 x upper flats producing total of £140,100 per annum.
Total Income: £234,985 per annum.
Mortgage calculator
Monthly repayment
£16,007 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}