8 West Street, Farnham, Surrey GU9 7DN

Key Points

• Farnham is an attractive and affluent market town
• Situated in Prime location opposite Lion and Lamb Yard shopping centre
• Attractive Grade 2 listed building, adjacent to Space NK and Elphicks Department store
• Let to Sweaty Betty and British Heart Foundation plus 3 self contained spacious flats
• Potential to create 4 flats after conversion
• Offers in the region of £1.45 million, Subject to Contract

Farnham Town

Farnham has an attractive shopping environment with several historic buildings housing an interesting mix of retail occupiers.
The A31 is close by providing good access to the motorway network. Farnham mainline station to London Waterloo and Portsmouth Harbour is within a few minutes walk.

Description

This Grade 2 listed building comprises 2 shops and 3 flats arranged on basement, ground, first and second floors. Access to 2 of the flats is from West Street whilst the 3rd flat arranged on first floor only is accessed at the rear of the property.

Situation

The subject property occupies an excellent location in the Town Centre close to the junction of the Borough and Downing Street whilst being opposite the entrance to the Lion and Lamb Yard shopping centre anchored by Waitrose and a large attached shopper's surface car park. The property is adjacent to Space NK and Elphicks Department store whilst other close by occupiers include Oliver Bonas, Waterstones, White Company, Mint Velvet, and Jigsaw.

Accommodation

Farnham Residential Market

The flats at 8 West Street are spacious with good natural light and views to the rear towards the church and to the front the shopping areas of Lion & Lamb Yard and West Street.

The sale market for flats in Farnham is strong with local agents advising figures of £450 psf plus capital value. The three flats are let producing a total of £ 52,200 per annum.

Proposal

Offers are invited in the region of £1.45 million, Subject to Contract.

Tenure

Freehold, subject to the tenancies with a total current rental income of £ 119,200 pax.

EPC

Available on request.

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