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10 Creswell Corner, Anchor Hill, Woking, GU21 2JD

818 Sq Ft / Retail / General Retail

To Let - £210,000.00

Under Offer - Last updated: 21 March 2024

Summary

The property lies on the corner of the parade along Anchor Hill. The long leasehold of 999 years is from 25th December 1988, and includes the convenience store retailer with the existing lease running until 20th October 2028, paying £15,730 per annum, rent review October 2025, inside the LTA 1954 with no breaks.

The sale is of the long leasehold interest only for purely investment purposes, it does not include the convenience store business. Any purchasers will not have the right to occupy the property for their own use. The lease has security of tenure.

The current ground rent for the long leasehold interest is £50 per annum.


Key Points

  • Tenanted ground floor retail until October 2028
  • Good reversionary yield
  • Rental income £15,730 p.a.
  • 999 year long leasehold from 25th December 1988

  • Viewings

    Strictly by appointment with the sole agents Curchod & Co.


    Legal Costs/VAT

    Each party to be responsible for the payment of their own legal costs incurred in the sale.

    Prices are quoted exclusive of VAT which may be charged.


    Anti Money Laundering

    To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

    Location

    The property is located within a prominent local parade of Creswell Corner along Anchor Hill which adjoins Knaphill High Street, and circa 3 miles from Woking town centre.

    Terms

    Sale of the long leasehold interest with offers in the region of £210,000.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      To Let £210,000.00 NA

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    Contact agents

    Kyran Copestick

    Curchod & Co LLP (incorporating London Clancy)

    01483 677338

    Joseph Smith

    Curchod & Co LLP (incorporating London Clancy)

    01483 677460

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