Property Description
The premises being sold comprise two retail units on ground floor level with exclusive car parking situated to the rear. There are two flats above the retail units which are not included which can be available subject to further specific enquiries.
Unit 31 is let to a local bakers/cafe who have been in occupation since 1998. The property is occupied under a lease due to expire on 11th January 2027 at an annual rental of £29,000.
Unit 31A is let to a privately owned chain of jewellers with a lease due to expire on 31st January 2026 at an annual rental of £15,000.
The two flats above are each held on a lease granted for a term of 125 years from 1st July 2016 subject to an annual rental of £250.00 per annum increasing by £250.00 per annum every 25 years.
Two car parking spaces are separately let at a rate of £100.00 per month (£1,200 per annum). A further car parking space is separately let at a rate of £60.00 per month (£720.00 per annum). Awaiting EPC.
Measurements
Two retail units 31 Camberley - On Application| Measurement | imperial | metric |
|---|
| Ground Floor | 1,464 sq.ft | 136 sq.m |
| Total Floor Area | 1,464 sq.ft | 136 sq.m |
Commercial - Commercial| Measurement | imperial | metric |
|---|
| Other 2 | | |
| Total Floor Area | Not measured | Not measured |
Commercial - Commercial| Measurement | imperial | metric |
|---|
| Other 3 | | |
| Total Floor Area | Not measured | Not measured |
Agent's Disclaimer
Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T)
Misrepresentation Act 1967 - Whilst all the information in these particulars is believed to be correct, neither the
agents nor their clients guarantee its accuracy, nor is it intended to form part of any contract. All areas quoted
are approximate. Finance Act 1989 - Unless otherwise stated, all prices and rents are quoted exclusive of Value
Added Tax (V.A.T). Any intending purchasers or lessees must satisfy themselves independently as to the
incidence of V.A.T. in respect of any transaction. In order to promote constructive and collaborative
negotiations when agreeing Heads of Terms, Curchod and Co confirm they follow the mandatory and best
practice requirements stated within the RICS Professional Statement (1st Edition) Code for Leasing Business
Premises 2020. www.rics.org.
Sale Terms
Offers are sought in excess of £500,000 subject to contract and exclusive of VAT.
Tenant, lease and rent summary
31 Camberley GU15 3RB
| Retail Unit | Tenant | Rental Income | Lease Dates |
|---|
| Two retail units |
On Application |
£29,000 |
0 -start
0 -expiry
0 -break |
| Commercial | Commercial | £12,750 | N/A |
| Commercial | Commercial | £6,300 | N/A |
| Total Rent |
|
£48,050 |
|
Covenant Information:
On ApplicationThe premises being sold comprise two retail units on ground floor level with exclusive car parking situated to the rear. There are two flats above the retail units which are not included which can be available subject to further specific enquiries.
Unit 31 is let to a local bakers/cafe who have been in occupation since 1998. The property is occupied under a lease due to expire on 11th January 2027 at an annual rental of £29,000.
Unit 31A is let to a privately owned chain of jewellers with a lease due to expire on 31st January 2026 at an annual rental of £15,000.
The two flats above are each held on a lease granted for a term of 125 years from 1st July 2016 subject to an annual rental of £250.00 per annum increasing by £250.00 per annum every 25 years.
Two car parking spaces are separately let at a rate of £100.00 per month (£1,200 per annum). A further car parking space is separately let at a rate of £60.00 per month (£720.00 per annum).
CommercialFrom 1st April 2023 - Unit 31 - £12,750/Unit 31A - £6,300 The premises being sold comprise two retail units on ground floor level with exclusive car parking situated to the rear.
CommercialFrom 1st April 2023 - Unit 31 - £12,750/Unit 31A - £6,300 The premises being sold comprise two retail units on ground floor level with exclusive car parking situated to the rear.
Agent's Disclaimer
Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T)
Misrepresentation Act 1967 - Whilst all the information in these particulars is believed to be correct, neither the
agents nor their clients guarantee its accuracy, nor is it intended to form part of any contract. All areas quoted
are approximate. Finance Act 1989 - Unless otherwise stated, all prices and rents are quoted exclusive of Value
Added Tax (V.A.T). Any intending purchasers or lessees must satisfy themselves independently as to the
incidence of V.A.T. in respect of any transaction. In order to promote constructive and collaborative
negotiations when agreeing Heads of Terms, Curchod and Co confirm they follow the mandatory and best
practice requirements stated within the RICS Professional Statement (1st Edition) Code for Leasing Business
Premises 2020. www.rics.org.
There are no plans available to view for this property. Contact the agent for further information
Property Location
The property is situated in the heart of Camberley High Street in one of the prime locations opposite the main entrance into The Mall Shopping Centre. Camberley is a thriving shopping centre and the High Street has recently been going through a significant refurbishment programme. Major plans for further regeneration and refurbishment of other areas of the town centre are being developed by the Local Authority and their development partners.
The town centre is home to many pubs, restaurants and multiple retailers such as Jackwills, Next, W H Smith, Boots, Sainsburys and House of Fraser.
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