Unit 1+Unit 2+Land

Hollycombe Liphook Hampshire GU30 7PL

Investment Property For Sale: £425,000
Total Floor Area: 926 sq.m/9,967 sq.ft
Net Investment Income: £37,000 per annum
Net Investment Yield: 8.28%




Last updated: 11 Mar 2014 Ref: Hollycombe

Property Description

Measurements

  • Net Internal Floor Area
Unit 1 Hollycombe Liphook - Countrywide Farmers plc
Measurementimperialmetric
Industrial/Warehouse4,862 sq.ft452 sq.m
1st Floor Offices1,312 sq.ft122 sq.m
Sales2,067 sq.ft192 sq.m
Total Floor Area8,241 sq.ft766 sq.m

Unit 2 - Countrywide Farmers plc
Measurementimperialmetric
Industrial/Warehouse1,726 sq.ft160 sq.m
Total Floor Area1,726 sq.ft160 sq.m

Land - Countrywide Farmers plc
Measurementimperialmetric
Site Area0.61 acres0.248 hectares
Total Floor Area0 sq.ft0 sq.m


Agent's Disclaimer

Gascoignes for themselves (and joint agents where applicable) and for the vendor or lessors of this property whose sole agents they are give notice that; (i) the particulars are produced in good faith, and are set out as a general guide only and do not constitute any part of a contract; (ii) All areas/dimensions quoted are approximate; (iii) the agents have not tested any of the services and no warranty is given or implied by these particulars; (iv) All prices or rents quoted as exclusive of VAT which may be applicable to transactions involving commercial property; (v) no person in the employment of Gascoignes has the authority to make or give any representation or warranty whatsoever in relation to this property. Gascoignes is a trading name of Gascoignes Commercial Ltd which is registered in England No. 4336372.


Sale Terms

Offers are sought in excess of £425,000 subject to contract and exclusive of VAT. A purchase at this price would reflect a net initial yield of 8.28% after allowing for usual purchaser’s costs of 5.8%, and a capital value of £43 per sq ft.




Tenant, lease and rent summary

Hollycombe Liphook GU30 7PL
UnitTenantRental IncomeLease Dates
Unit 1 Countrywide Farmers plc £25,000
£3.03 psf
02.02.2009 -start
02.02.2019 -expiry
02.02.2014 -break
Unit 2Countrywide Farmers plc £10,000
£5.8 psf
02.02.2009 -start
02.02.2014 -expiry
No -break
LandCountrywide Farmers plc £2,000
£INF psf
-start
-expiry
No -break
Total Rent £37,000


Covenant Information and other comments:

Countrywide Farmers plc

Countrywide Farmers plc have a D & B rating of 4A2. In the year to May 2009 group turnover was stated at £215M with pre-tax profits stated at £2.527m. The company has 3 principal business sectors in Agriculture, Energy and Retail with over 40 stores throughout England. Dene Country Stores business was acquired by Countrywide in 2009 since when the sales area has been extended. The sales focus is horse tack, feeds and equipment.


Agent's Disclaimer

Gascoignes for themselves (and joint agents where applicable) and for the vendor or lessors of this property whose sole agents they are give notice that; (i) the particulars are produced in good faith, and are set out as a general guide only and do not constitute any part of a contract; (ii) All areas/dimensions quoted are approximate; (iii) the agents have not tested any of the services and no warranty is given or implied by these particulars; (iv) All prices or rents quoted as exclusive of VAT which may be applicable to transactions involving commercial property; (v) no person in the employment of Gascoignes has the authority to make or give any representation or warranty whatsoever in relation to this property. Gascoignes is a trading name of Gascoignes Commercial Ltd which is registered in England No. 4336372.


There are no plans available to view for this property. Contact the agent for further information

Property Location

The property is located 1 mile south of Liphook as shown on the location plan. The A3 Trunk road is within 1.5 miles which will provide first class access to London, Guildford and the M25 following completion of the Hindhead Tunnel. Liphook has been identified as a growth location in the South East Regional Plan. East Hants District Council have allocated 430 new homes on 3 sites. The property is located on an established industrial estate close.

Map



Gascoignes
Agents Contact Details

Name: James Gray
Company: Gascoignes
Address: 2 Gillingham House Pannells Court Guildford Surrey GU1 4EU
Email:
Email the agent
Direct Dial: (01483) 538131
Mobile: 07473 183645


Second Contact

Name: Andy Russell
Company: Gascoignes
Address: 2 Gillingham House Pannells Court Guildford Surrey GU1 4EU
Email:
Email the agent
Direct Dial: (01483) 538131
Mobile: 07956 618662




Download pdf brochure Brochure for: Land Hollycombe  Liphook Hampshire  GU30 7PL. Investment Property For Sale: £425,000. Total Floor Area: 926 sq.m/9,967 sq.ft. Net Investment Income: £37,000 per annum

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