Entirely let to Lloyds Bank plc on a renewed 10 year lease until 2022 (subject to option)
Attractive building in prominent corner position
Includes an additional sublet retail unit and two bedroom flat
Nearby occupiers include Boots the Chemist, The Co-operative Food and William Hill
Lot 1
Auction 22nd May 2014
Rent £29,500 per Annum Exclusive
Status Sold
Price £565,000
Sector Bank
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
2 1/2 miles south-west of Leatherhead
9 1/2 miles north-east of Guildford
20 miles south-west of Central London
Roads
A246, A24, M25 (Junction 9)
Rail
Bookham Railway Station (approx 52 mins direct to London Waterloo)
Air
London Heathrow Airport, London Gatwick Airport
Situation
Great Bookham is located in the affluent commuter belt of Surrey some 20 miles south-west of Central London. The property is situated in a prominent corner position on the west side of the High Street, the principal retailing thoroughfare, at its junction with Lower Road and Church Road. Neighbouring occupiers include Boots the Chemist, The Co-operative Food and William Hill.
Tenure
Freehold.
Location
Miles
2 1/2 miles south-west of Leatherhead
9 1/2 miles north-east of Guildford
20 miles south-west of Central London
Roads
A246, A24, M25 (Junction 9)
Rail
Bookham Railway Station (approx 52 mins direct to London Waterloo)
Air
London Heathrow Airport, London Gatwick Airport
Situation
Great Bookham is located in the affluent commuter belt of Surrey some 20 miles south-west of Central London. The property is situated in a prominent corner position on the west side of the High Street, the principal retailing thoroughfare, at its junction with Lower Road and Church Road. Neighbouring occupiers include Boots the Chemist, The Co-operative Food and William Hill.
Tenure
Freehold.
Description
The property, an attractive corner building, comprises a ground floor banking hall with ancillary accommodation on the first and second floors. In addition there is also a separate retail unit and two bedroom residential flat on the first floor which has been sublet. The property benefits from six car parking spaces.
VAT
VAT is not applicable to this lot.
Viewings
To be arranged by prior appointment. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Telephone: +44 (0)20 7034 4858.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, an attractive corner building, comprises a ground floor banking hall with ancillary accommodation on the first and second floors. In addition there is also a separate retail unit and two bedroom residential flat on the first floor which has been sublet. The property benefits from six car parking spaces.
VAT
VAT is not applicable to this lot.
Viewings
To be arranged by prior appointment. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Will Moore. Telephone: +44 (0)20 7034 4858.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground Ground First First Second
Banking Hall Retail Ancillary 2 x Bedroom Flat Ancillary
118.87 sq m 27.34 sq m 61.46 sq m 51.87 sq m 45.46 sq m
10 years from 24/06/2012 until 2022 on a full repairing and insuring lease (2)
£29,500
24/06/2017
Totals
305.00 sq m
(3,283 sq ft)
£29,500
(1) For the year ending 31/12/2013, Lloyds Bank plc reported pre-tax profits of £894,000,000 and a total net worth of £34,109,000,000. (Source: www.riskdisk.com 24/04/2014) (2)The lease provides for a tenant option to determine the lease on 24th June 2017.
