Freehold Retail Investment
Freehold Retail Investment
The property is situated less than 1 mile to the north-east of Camberley town centre on the roundabout at the intersection of the A30 (Chandon Road) and A325 (Portsmouth Road). There are a number of golf clubs located in the surrounding area with Fitness First and Falcon Fitness Camps also nearby.
Freehold.
The property is situated less than 1 mile to the north-east of Camberley town centre on the roundabout at the intersection of the A30 (Chandon Road) and A325 (Portsmouth Road). There are a number of golf clubs located in the surrounding area with Fitness First and Falcon Fitness Camps also nearby.
Freehold.
The property comprises a large ground floor retail unit with basement storage and ancillary accommodation on the first floor.
Planning permission has been granted for the erection of a single storey side extension, installation of an air conditioning unit and changes to the car parking layout – for more information go to http://www.surreyheath.gov.uk (Ref: 12/0855). The property also benefits from a site area of approximately 0.125 hectares (0.31 acres) providing 17 car parking spaces.
Six Week Completion
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a large ground floor retail unit with basement storage and ancillary accommodation on the first floor.
Planning permission has been granted for the erection of a single storey side extension, installation of an air conditioning unit and changes to the car parking layout – for more information go to http://www.surreyheath.gov.uk (Ref: 12/0855). The property also benefits from a site area of approximately 0.125 hectares (0.31 acres) providing 17 car parking spaces.
Six Week Completion
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground Basement First |
Retail Storage Ancillary |
258.00 sq m 20.25 sq m 47.00 sq m |
(2,777 sq ft) (218 sq ft) (506 sq ft) |
AMERICAN GOLF DISCOUNT CENTRE LIMITED (1) |
25 years from 03/10/2001 until 02/10/2026 on a full repairing and insuring lease (2) |
£69,500 | 02/10/2011 and five yearly |
| Totals | 325.25 sq m |
(3,501 sq ft) |
£69,500 | ||||
(1) For the year ending 7th January 2013, American Golf Discount Centre Limited reported a turnover of £97,336,000, pre-tax profits of £4,672,000 and a total net worth of £18,407,000. (Source: www.riskdisk.com 10/11/2014)
(2)The lease is subject to a Schedule of Condition.
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