9 Station Approach, Virginia Water GU25 4DW

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9 Station Approach, Virginia Water GU25 4DW

Retail 1550 Sq ft For Sale £770,000 + VAT

Key Points

  • Ground Floor Retail Tenant - Let at £55,000 per annum in 2018
  • Rent review every 5th anniversary of the lease (2023 review un-activated)
  • Strong local parade in popular, affluent area of Surrey
  • Potential for a number of uses (subject to planning)

Location

The town of Virginia Water is located on the South-Western outskirts of Greater London, situated outside of the M25 ring road and just north of the M3 motorway linking London and Southampton. Local transport links include National Rail Services running into London Waterloo, Reading and Weybridge, as well as bus links to the neighbouring towns of Staines, Sunningdale and Thorpe. Station Approach itself is central within the town, situated close to both local transport links and other retail offerings within the town as well as parking opposite.

Description

The premises are based the ground floor with the above apartment sold either separately (at a different asking price) of are of a brick-and-slate construction with traditional floor-to ceiling window frontage on the ground floor. Internally the premises have been kept in a good and tenantable condition. Current tenant operates a dry cleaners with the appropriate local planning consents.

Accommodation  

Available Sq ft Sq m 
9 (GF Retail) 1550 144.08
Total 1550 144.08

Terms

Available For Sale Freehold with a total income of £55,000 per annum.

Rent

£770,000 (+VAT)

Sale to be treated as a Transfer of a Going Concern (TOGC) to exclude VAT payment.

Business Rates

GF Rateable Value: £34,000

EPC

GF Unit - B - 37

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

Kieran Morgan

Kieran Morgan
Graduate Commercial Surveyor
07904377405
kieran@owenisherwood.com

Alex  Bellion

Alex Bellion
Director
07971 756068
alex@owenisherwood.com

  • Retail
  • 1004 Sq ft
  • For Sale
  • Freehold Price - £495,000

BACK ON THE MARKET

  • Retail
  • 1434 - 2429 Sq ft
  • To Let
  • £85,000 pax
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