17 Epsom Road Guildford Surrey GU1 3JT

  • 17 Epsom Road<br>Guildford<br>Surrey<br>GU1 3JT

17 Epsom Road
Guildford
Surrey
GU1 3JT

Freehold Estate Agency Investment

  • Ground Floor commercial unit and upper parts (sold off)
  • Let to Cavender Property Solutions Limited on a reversionary lease until September 2037 (subject to option in 2032)
  • The adjoining unit, under separate ownership, is on a parallell lease agreement
  • Highly Affluent and Desirable London Commuter and University Town
  • VAT-Free Investment
  • Nearby occupiers Stirling Ackroyd, Richer Sounds, Burns & Webber and Co-Op
  • Lot
    30
  • Auction
    3rd November 2022
  • Rent
    £24,500 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Estate Agency Investment

  • Ground Floor commercial unit and upper parts (sold off)
  • Let to Cavender Property Solutions Limited on a reversionary lease until September 2037 (subject to option in 2032)
  • The adjoining unit, under separate ownership, is on a parallell lease agreement
  • Highly Affluent and Desirable London Commuter and University Town
  • VAT-Free Investment
  • Nearby occupiers Stirling Ackroyd, Richer Sounds, Burns & Webber and Co-Op
  • Lot 30
  • Auction 3rd November 2022
  • Rent £24,500 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
6 miles south of Woking, 30 miles south-west of London
Roads
A3001, A25, A3
Rail
London Road Railway station & Guildford Railway station
Air
London Gatwick Airport, London Heathrow Airport
Situation

Guildford is a popular and affluent London commuter town benefiting from excellent transport links to London, with the A3 road link nearby and direct trains to London Waterloo with a fastest journey time of 32 minutes. The property is prominently situated on the north side of the busy Epsom Road (A246) with the surrounding area comprising a mix of residential dwellings, restaurants, retail and estate agents as well as G Live entertainment venue and the popular Harbour Hotel within 75 yards of the property. London Road (Guildford) is some 450 metres to the north. Nearby occupiers include Stirling Ackroyd, Richer Sounds, Burns & Webber and Co-Op. The town is also home to the University of Surrey.

Tenure

Freehold.

Location
Miles
6 miles south of Woking, 30 miles south-west of London
Roads
A3001, A25, A3
Rail
London Road Railway station & Guildford Railway station
Air
London Gatwick Airport, London Heathrow Airport
Situation

Guildford is a popular and affluent London commuter town benefiting from excellent transport links to London, with the A3 road link nearby and direct trains to London Waterloo with a fastest journey time of 32 minutes. The property is prominently situated on the north side of the busy Epsom Road (A246) with the surrounding area comprising a mix of residential dwellings, restaurants, retail and estate agents as well as G Live entertainment venue and the popular Harbour Hotel within 75 yards of the property. London Road (Guildford) is some 450 metres to the north. Nearby occupiers include Stirling Ackroyd, Richer Sounds, Burns & Webber and Co-Op. The town is also home to the University of Surrey.

Tenure

Freehold.

Description

The property comprises a mid terrace ground floor retail unit, currently occupied by an estate agent. The estate agent occupies the neighbouring property which has been interlinked in to the subject property following a Deed of Variation. The property benefits from rear storage both within the building demise and an external storage unit to the rear. The property has rear access and parking for a single vehicle.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a mid terrace ground floor retail unit, currently occupied by an estate agent. The estate agent occupies the neighbouring property which has been interlinked in to the subject property following a Deed of Variation. The property benefits from rear storage both within the building demise and an external storage unit to the rear. The property has rear access and parking for a single vehicle.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground Retail
Internal Storage
External Storage
45.03
4.50
23.43
(485)
(48)
(252)
Cavender Property Solutions Limited
(1)
20 years from 27/09/2017
(2)
£24,500
27/09/2027 and five yearly thereafter (3)
First Hair Salon (consent for residential granted)
-
(-)
INDIVIDUALS 999 years from completion
Peppercorn
 
Total Commercial Floor Area  
72.96 (4)
(785) (4)
   
£24,500
 

(1) Cavender Estate Agents trade from branches in Guildford and Kingston providing residential letting and sales agency advice.
(2) The property is let on a term of 20 years from 27/09/2017 by virtue of a Reversionary lease for a term of 10 years from 27/09/2027 until 26/09/2037.
(3) The lease provides for a tenant option to determine the lease on 26/09/2032 upon serving 6 months written notice.
(4) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

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.

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
DPM Legal Sutton House, Weyside Park, Cattershall Lane
Godalming
Surrey
GU7 1XE
David Kearsley 01483 521 597david.kearsley@dpmlegal.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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