Plumb Center Portsmouth Road Ripley, Nr Guildford Surrey GU23 7JY

  • Plumb Center<br>Portsmouth Road<br>Ripley, Nr Guildford<br>Surrey<br>GU23 7JY

Plumb Center
Portsmouth Road
Ripley, Nr Guildford
Surrey
GU23 7JY

Freehold Trade Counter/Warehouse Investment

  • Entirely let to Wolseley UK Ltd on a 25 year lease until 2025 (subject to option)
  • Prominent corner position on Portsmouth Road (B2215) leading directly to the A3
  • Approximate site area of 0.22 hectares (0.54 acres)
  • Benefits from excellent communication links with the A3 and M25 (Junction 10)
  • Six Week Completion Available
  • Lot
    13
  • Auction
    6th December 2012
  • Rent
    £98,500 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On behalf of The Co-operative Estates
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Trade Counter/Warehouse Investment

  • Entirely let to Wolseley UK Ltd on a 25 year lease until 2025 (subject to option)
  • Prominent corner position on Portsmouth Road (B2215) leading directly to the A3
  • Approximate site area of 0.22 hectares (0.54 acres)
  • Benefits from excellent communication links with the A3 and M25 (Junction 10)
  • Six Week Completion Available
  • Lot 13
  • Auction 6th December 2012
  • Rent £98,500 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    Trade Counter/Builders Merchants
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On behalf of The Co-operative Estates

Property Information

Location
Miles
4.8 miles north-east of Guildford, 15 miles south-west of Kingston upon Thames, 25 miles south-west of Central London
Roads
A3, A247, M25 (Junction 10)
Rail
Clandon Railway Station
Air
London Heathrow, London Gatwick
Situation

The property is situated in a prominent position on the southern side of Portsmouth Road (B2215) some 100 metres from the A247 and less than 900 metres to the A3 which leads directly into Central London. The surrounding area offers office and residential property with a Shell Petrol Station immediately adjoining the property.

Tenure

Freehold.

Location
Miles
4.8 miles north-east of Guildford, 15 miles south-west of Kingston upon Thames, 25 miles south-west of Central London
Roads
A3, A247, M25 (Junction 10)
Rail
Clandon Railway Station
Air
London Heathrow, London Gatwick
Situation

The property is situated in a prominent position on the southern side of Portsmouth Road (B2215) some 100 metres from the A247 and less than 900 metres to the A3 which leads directly into Central London. The surrounding area offers office and residential property with a Shell Petrol Station immediately adjoining the property.

Tenure

Freehold.

Description

The property comprises a purpose built ground floor trade counter/warehouse unit. The property benefits from a secure yard to the rear, a separate customer car parking area with space for approximately 10-15 cars and a total approximate site area of 0.22 hectares (0.54 acres).

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises a purpose built ground floor trade counter/warehouse unit. The property benefits from a secure yard to the rear, a separate customer car parking area with space for approximately 10-15 cars and a total approximate site area of 0.22 hectares (0.54 acres).

VAT

VAT is 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) Tenant Term Rent p.a.x Reviews
Ground
Trade Counter/
Warehouse
938.80 sq m
(10,106 sq ft)
 WOLSELEY UK LTD (1) 25 years from 25/03/2000
until 24/03/2025 on a full
repairing and insuring lease (2)
£98,500
 25/03/2015
and 25/03/2020
Totals  
938.80 sq m
(10,106 sq ft)
    £98,500

(1) Wolseley UK Limited is the UK operating company of Wolseley plc, the world’s number one distributor of heating and plumbing products and a leading supplier of builders’ products to the professional market. (www.wolseley.co.uk) For the year ending 31st July 2011, Wolseley UK Limited reported a turnover of £1,906,668,000, pre-tax profits of £1,987,000 and a total net worth of £945,541,000. (Source: www.riskdisk.com 09/11/2012)
(2)The lease provides for a tenant option to determine on 24th March 2016.
(3)In addition there is a further 5,020 sq ft mezzanine level that is a tenants improvement.

Contacts

Seller's Solicitors
Weightmans Solicitors Pall Mall Court, 61-67 King Street
Manchester
M2 4PD
Steven Silver 0161 233 7330steven.silver@weightmans.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?