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73-75 Lynchford Road, Farnborough, GU14 6EJ

1,304 Sq Ft / Retail / Investment

For Sale - £475,000.00

Available - Last updated: 16 September 2024

FOR SALE - Retail/Residential Buildings Freehold

A two storey Victorian era terrace double shop (two shops knocked through) with extensive storage and a large 2/3 bedroom first floor self-contained flat and a large rear private car park extending to around 1,900 ft². The premises will benefit from some refurbishment.

Location

The premises are located on Lynchford Road which is the main thoroughfare into North Camp Village… The main shopping centre for the village of North Camp is Camp Road just round the corner where retailers within the local area include Co-op, RSPCA, Debra, Budgens, Coral, Parity for the Disabled, and a good range of small retailers and café/restaurants.
 
Farnborough is well known for it’s Main Line Station to London/Waterloo, Airport and the excellent vehicle access to the A331 Blackwater Relief Road connecting to the M3 Junction 4 and 4a, A31 to Farnham and Guildford and beyond to the A3.

Accommodation

Approximate floor areas within the ground floor as follows:-
Shops 554 ft2 ( 51.46 m2)
Store Rooms 750 ft² ( 69.72 m²)
Total Built Area 1,304 ft² (121.16 m²)
 
Plus a large 2/3 self-contained first floor flat.

Terms

RATEABLE VALUE
A rateable value of £13,750 which will allow some rates relief which according to the small business rates relief chart will give a rates payable of £4002.37, on the basis that the property will be your only business premises.
 
FOR SALE
The freehold interest of the premises are For Sale “Offers in the Region of £500,000” with vacant possession.
 
VAT
We understand from our clients that they did not pay VAT on the purchase, so it is very unlikely that VAT will be chargeable, albeit this will be confirmed by our client’s solicitor.
 
ENERGY PERFORMANCE CERTIFICATES (EPC)
C-54
 
LEGAL COSTS
Each party to pay their own legal costs in the matter.

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
73-75 Lynchford Road For Sale Freehold £475,000.00 NA

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Contact agents

David Savage

Clare & Co

01252 216690



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