Retail premises to let in Park Street, Camberley GU15
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Property features
- Existing Barber Business
- 2 Bedroomed Flat Included
- Prime Park Street Position
- 1 Parking Space
- Business & Lease For Sale • •
- EPC (Being Accessed)
- Close To The Square And The Atrium
- EPC "C" (64)
Property description
Location
Camberley is an expanding commercial centre forming part of the Blackwater Valley area adjacent to the A30, M3 motorway (junction 4) and A331 Blackwater Valley Relief Road. 7 Park Street is in a prominent position at the top of Park Street close to London Road in Camberley town centre, next to The Square covered shopping centre and opposite The Atrium.
Camberley is a very popular destination for restaurants, leisure activities and retail. In addition to the Vue Cinema and Bowlplex bowling centre, Camberley boasts a host of restaurants in Park Street/The Atrium including Bills, Wildwood, Zizzi, Pizza Express, Wagamama, Prezzo, Nandos, Chiquitos, Creams, Rotisserie Chicken, Five Guys and 7 Bone Burgers. Retailers close by also include Powerhouse Fitness, Pandora, Sports Direct, Primark and House of Fraser.
Description
7 Park Street is a self contained retail unit and 2 bedroom flat above, with brick elevations under a tiled roof and currently trades as a barbers “G S Adams Hairdressing For Gentlemen”. Behind the main retail area is a separate ancillary area, and stairs to the first floor flat, which provides a kitchen, bathroom, 2 bedrooms and a lounge. The existing business and the lease are offered for sale, accounts for the business are available.
Area
Maximum internal width 14 ft 10 in 4.53 m
Maximum retail sales area depth 34 ft 3 in 10.43 m
Retail Area 476 sq ft 44.2 sq m
Ancillary Area To The Rear 91 sq ft 8.5 sq m
Total Approximate Floor Area 567 sq ft 52.7 sq m
The above floor area has been calculated on a net internal basis from measurements taken on-site.
Lease
The whole property is held on an existing internal repairing and decorating lease which expires 15th June 2025. The landlords have confirmed, in principle, they are happy to grant a new lease in 2025. The lease is excluded from the Security of Tenure provisions of The Landlord and Tenant Act 1954. There is a landlords break option at anytime subject to providing not less than 6 months notice.
Rent/price
The existing rent is £19,500 per annum exclusive plus VAT. The tenant is offering the premises/lease and the business for sale and offers are invited in the region of £10,000.
Business rates
The Rateable Value for the shop is £6,400. The current small premises rate in the £ is 0.499p, as such the Business Rates payable will be approx. £3,200 for the year April 23/24. Note: Under current arrangements a small occupier (a business with only one premises) would not pay any Business Rates at all, further information is available from the sole agents. Council Tax will still be payable for the flat.
Possesion and viewing
The premises and the business are available straight away, subject to completion of legal formalities. Arrangements to look at the property can be made by contacting the sole agents;
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
DB Real Estate, GU15 on +44 1276 980671 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DB Real Estate, and do not constitute property particulars. Please contact DB Real Estate 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.