Land previously used as a car park (approximately 50 spaces)
Approximately 1,138.11 sq m / 12,250 sq ft (0.28 acres / 0.11 Hectares)
Affluent and popular Surrey commuter town
400 metres from Lion & Lamb Yard Shopping Centre
Opposite major Berkeley group development comprising 11 commercial units and 138 apartments
Nearby occupiers include Barclays, Santander, Subway, GAIL's Bakery and Domino's
Lot 27
Auction 25th March 2021
Vacant Possession
Status Sold
Price £495,000
Sector Development
Auction Venue Live Streamed Auction
On behalf of a major Fund Manager
Property Information
Location
Miles
7 miles south of Farnborough
9 miles west of Guildford,
40 miles south-west of Central London
Roads
A325, A31, M3
Rail
Farnham Rail
Air
London Heathrow, London Gatwick
Situation
Farnham is an affluent and popular Surrey commuter town located to the west of Guildford. The property is prominently situated on the north side of Woolmead Road, approximately 600 meters from Farnham railway station and approximately 400 metres from Lion & Lamb Yard Shopping Centre, which houses occupiers including Waterstones, Laura Ashley, Cte and provides direct access to Waitrose. Other nearby occupiers include Barclays, Santander, Subway, GAIL's Bakery and Domino's. The property is located directly opposite The Woolmead Scheme by Berkeley Group, which comprises 11 ground floor commercial units and 138 upper floor residential apartments. (Source: osparchitecture.com 19/20/2021)
Tenure
Freehold. The asset is held part freehold and part long leasehold from Waverley Borough Council. The ownership is split across three titles; two freehold and one leasehold. The Long leasehold is held for a term of 125 years from January 1966 at a peppercorn rent.
Location
Miles
7 miles south of Farnborough
9 miles west of Guildford,
40 miles south-west of Central London
Roads
A325, A31, M3
Rail
Farnham Rail
Air
London Heathrow, London Gatwick
Situation
Farnham is an affluent and popular Surrey commuter town located to the west of Guildford. The property is prominently situated on the north side of Woolmead Road, approximately 600 meters from Farnham railway station and approximately 400 metres from Lion & Lamb Yard Shopping Centre, which houses occupiers including Waterstones, Laura Ashley, Cte and provides direct access to Waitrose. Other nearby occupiers include Barclays, Santander, Subway, GAIL's Bakery and Domino's. The property is located directly opposite The Woolmead Scheme by Berkeley Group, which comprises 11 ground floor commercial units and 138 upper floor residential apartments. (Source: osparchitecture.com 19/20/2021)
Tenure
Freehold. The asset is held part freehold and part long leasehold from Waverley Borough Council. The ownership is split across three titles; two freehold and one leasehold. The Long leasehold is held for a term of 125 years from January 1966 at a peppercorn rent.
Description
The property, a site comprising approximately 1,138.11 sq m 12,250 sq ft (0.28 acres / 0.11 Hectares) is currently a surface car park with capacity for approximately 50 cars.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a site comprising approximately 1,138.11 sq m 12,250 sq ft (0.28 acres / 0.11 Hectares) is currently a surface car park with capacity for approximately 50 cars.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
