Location
The property is located only a short walk to Waitrose and Sunningdale railway station It is only a short distance to Ascot Racecourse and offers good access to M3 and M25.
Description
The Galleries is a single storey office building with 5 car spaces within the freehold Additional parking is secured by a long leasehold interest at a peppercorn It is laid out as a combination of open plan areas and private offices.
Tenure
Freehold of the main building with a long lease on additional parking.
Tenant
The freehold property is let to Davis Burton Sellek on a 10 year lease from May 2017 expiring in May 2027 at a passing rent of £48,500 per annum exclusive. The lease is
on full repairing and insuring terms with the rent payable quarterly in advance An additional rent of £1,500 per annum is paid for the additional parking providing a total
income of £50,000 pax.
The additional parking is held under a lease for 99 years from December 1999 at a peppercorn.
EPC
An EPC has been commissioned and will be available on request.
Price
Offers are sought in excess of £735,000 plus VAT, if applicable, for the freehold and long leasehold interests.
Legal Costs
Each party to bear their own legal costs incurred in the transaction
Viewing
Strictly by appointment with the sole agents
01483 300 176
