FREEHOLD SHOP INVESTMENT For Sale
COMMERCIAL PROPERTY CONSULTANTS & CHARTERED SURVEYORS 6 Minster Court, Tuscam Way, Camberley, Surrey, GU15 3YY EMAIL [email protected] TEL +44 (0)1276 FAX +44 (0)1276 675125 Basingstoke Camberley Southampton Winchester www.londonclancy.com
FREEHOLD SHOP INVESTMENT For Sale Total Floor Area 820 sq ft [76.18 sq m]
5 Frimley Road, Camberley Surrey GU15 3EN
ACQUISITIONS BUILDING SURVEYING BUSINESS RATES CONSULTANCY DEVELOPMENT INVESTMENTS LEASE RENEWALS LETTINGS PROPERTY AUDIT PROPERTY MANAGEMENT RELOCATION RENT REVIEWS SALES VALUATIONS
LOCATION The property is located in a prominent location on the B3411 Frimley Road within a local shopping parade. The M3 motorway can be accessed at junction 4 which is within 2 miles, Camberley Town Centre is also within 1 mile.
FLOOR AREAS Restaurant Area Kitchen Rear Stores Cellar Total Floor Area
DESCRIPTION A ground floor lock up shop currently used as a restaurant with a garden at the rear. There is a large public car park opposite and there is some restricted public parking on the road in front of the premises.
RENT/TERMS Offers invited in the region of £200,000 Freehold The property is currently let to Somsak Tamtong and Viranya Tamtong on a 20 year lease from 19th August 2004, with rent reviews every 5 years, at a current rent of £15,000 per annum exclusive of rates. The lease is excluded from the Security of Tenure Provisions of the Landlord and Tenant Act 1954 part ii sections 24-28 (as amended).
571 sq ft 53.05 116 sq ft 10.77 sq m 133 sq ft 12.36 sq m Not Measured. 820 sq ft 76.18 sq m
The upper residential accommodation has been sold on a long lease at a nominal ground rent.
AMENITIES Prominent location on the busy Frimley Road
Opposite a large public car park
Limited parking in the road
Well established restaurant business
EPC The properties have Energy Performance Ratings as follows F128 RATES 2017 Draft Valuation Rateable value Uniform Business Rate (2017/18) Rates Payable (estimated)
£11,000 46.6p/£ £5,126
These figures are not to be relied upon and it is recommended interested parties should make their own enquiries with the Local Rating Authority.
LEGAL COSTS Each party are to be responsible for their own legal costs involved in this transaction.
VIEWING Strictly by appointment through the sole agents: Keith Harpley London Clancy 01276 682055 Email: [email protected]
Misrepresentation Act 1967 – London Clancy for themselves and for the vendors/lessors of this property whose agents they are, give notice that: a) These particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute part of an offer or contract. b) All descriptions, dimensions, references to condition and necessary permissions for use and other details are given in good faith and are believed to be correct, but any intending purchaser or lessee should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of teach of tem. c) We have not tested any of the service installations and any purchaser/lessee must satisfy themselves independently as to the state and condition of such items. d) No person in the employment of London Clancy has any authority to make or give any representations or warranties whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction
FREEHOLD SHOP INVESTMENT For Sale Total Floor Area 820 sq ft [76.18 sq m]
5 Frimley Road, Camberley Surrey GU15 3EN
ACQUISITIONS BUILDING SURVEYING BUSINESS RATES CONSULTANCY DEVELOPMENT INVESTMENTS LEASE RENEWALS LETTINGS PROPERTY AUDIT PROPERTY MANAGEMENT RELOCATION RENT REVIEWS SALES VALUATIONS
LOCATION The property is located in a prominent location on the B3411 Frimley Road within a local shopping parade. The M3 motorway can be accessed at junction 4 which is within 2 miles, Camberley Town Centre is also within 1 mile.
FLOOR AREAS Restaurant Area Kitchen Rear Stores Cellar Total Floor Area
DESCRIPTION A ground floor lock up shop currently used as a restaurant with a garden at the rear. There is a large public car park opposite and there is some restricted public parking on the road in front of the premises.
RENT/TERMS Offers invited in the region of £200,000 Freehold The property is currently let to Somsak Tamtong and Viranya Tamtong on a 20 year lease from 19th August 2004, with rent reviews every 5 years, at a current rent of £15,000 per annum exclusive of rates. The lease is excluded from the Security of Tenure Provisions of the Landlord and Tenant Act 1954 part ii sections 24-28 (as amended).
571 sq ft 53.05 116 sq ft 10.77 sq m 133 sq ft 12.36 sq m Not Measured. 820 sq ft 76.18 sq m
The upper residential accommodation has been sold on a long lease at a nominal ground rent.
AMENITIES Prominent location on the busy Frimley Road
Opposite a large public car park
Limited parking in the road
Well established restaurant business
EPC The properties have Energy Performance Ratings as follows F128 RATES 2017 Draft Valuation Rateable value Uniform Business Rate (2017/18) Rates Payable (estimated)
£11,000 46.6p/£ £5,126
These figures are not to be relied upon and it is recommended interested parties should make their own enquiries with the Local Rating Authority.
LEGAL COSTS Each party are to be responsible for their own legal costs involved in this transaction.
VIEWING Strictly by appointment through the sole agents: Keith Harpley London Clancy 01276 682055 Email: [email protected]
Misrepresentation Act 1967 – London Clancy for themselves and for the vendors/lessors of this property whose agents they are, give notice that: a) These particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute part of an offer or contract. b) All descriptions, dimensions, references to condition and necessary permissions for use and other details are given in good faith and are believed to be correct, but any intending purchaser or lessee should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of teach of tem. c) We have not tested any of the service installations and any purchaser/lessee must satisfy themselves independently as to the state and condition of such items. d) No person in the employment of London Clancy has any authority to make or give any representations or warranties whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction
