Location
The property occupies a prominent and strategic position directly opposite the entrance to Woking mainline station on the corner of The Broadway and Chertsey Road.
The station provides fast and frequent service to London Waterloo and Portsmouth Harbour.
The property is in the town centre which provides a variety of shops, restaurants and takeaway outlets.
Description
The property is a mixed -use building with a retail unit on the ground floor, and offices above on the upper four floors.
The offices have a separate entrance at 1 Chertsey Road. The ground floor retail unit which also has a basement used as storage address is 1 The Broadway.
An O.S plan is attached with the building edged in black.
Accommodation
The property has been measured on gross internal basis providing the following areas:
| Property | Floor | Sq. ft | Sq. m |
| 1 The Broadway | GF Retail | 1,637 | 152.08 |
| Half Landing | 61 | 5.66 | |
| Basement | 1,292 | 129.32 | |
| Total Retail | 2,990 | 287.06 | |
| 1 Chertsey Road, SAS House Offices | 1st-3rd Floors | 4,963 | 461 |
| Mezzanine 4th-5th Floors | 977 | 91 | |
| Total Officed | 5,940 | 552 |
Terms
The freehold of the property is offered for sale subject to the following tenancies-
1 The Broadway lease for a term of 25 years from 1st October 2019 at a rent of £66,000 per annum subject to upward only rent review every 5 years. The 2024 review has not been implemented. The Lease is effectively full repairing and insuring. The property is let to an individual trading as Budgens.
1 Chertsey Road , SAS House, Offices leased to three individuals and Barnett Waddingham Trustees Ltd for a term od 999 years from 25th March 1996 at a peppercorn. The tenants are responsible for the external decoration and repair of the property and building insurance. The office lease does not allow subletting of an individual floor or conversion of the offices to residential without the freehold consent.
The total income for the property is £66,000 pax.
Price
Seeking offers for the freehold interest subject to current rental of £66,000 pax in the region of £825,000 VAT may be payable.
Business Rates
The property has the following 2023 Rateable Values:
1 Chertsey Road 1st-5 th Floor - £67,500 RV
1 Broadway – Retail - £24,500 RV
UBR Multiplier is 54.6p
Anti Money Laundering Policy
In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.
Legal Costs
Each party to bear their own legal costs incurred in the transaction
Viewing
Strictly by appointment with the sole agents Owen Isherwood
01483 300 176
