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Reference M5730
Situated in a Parade, excellent High Street trading position, residential, office and commercial area, Surrey.
Price Offers / £250,000
Features
Retail / office Premises (ground Floor Only)
The front space in the region of 350 ft² approx.
Toilet with w.c. and wash hand basin.
Kitchen
The rear section (benifiting from its own entrance door opening to the back courtyard plus a connecting door to the primary space) is in the region of 315 ft² with the option of being part of the larger front shop or could in our opinion be let as office space.
Toilet with w.c. and wash hand basin plus Shower.
Kitchen sink
Accommodation
Above the ground floor, there is a two-bedroom flat which has been given on a long lease of 125 years in 2002.
There is a ground rent payable to the freehold of the grond floor of £50 per annum.
Outside
The back courtyard, is 2-3m x 17m with Parking for 2 cars.
Tenure
The vendor owns the FREEHOLD and subject to satisfactory references are prepared to grant a new 12 years full repairing and insuring lease ON THE GROUND FLOOR ONLY with rent reviews every 4 years at a rent of £16,500 p.a. for the first 4 years.
Price
TO NIL PREMIUM FOR THE LEASE
OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £250,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 175,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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