16 Farnham Business Centre, Dogflud Way
Farnham, GU9 7UP
| Property Type | Investments / Warehouse & Industrial |
| Tenure | For Sale |
| Size | 1,368 sq ft |
| Price | £97,500 |
| Business Rates | Upon Enquiry |
| Service Charge | 4.67% of the service charge for the estate. |
| Energy Performance Rating | This property has been graded as D (85) |
Long leasehold investment opportunity
Key Points
- Let to Wolseley UK Limited
- 5 year lease expiring 24/12/2026
- Passing rent of £12,000 pa
- Located in central Farnham on established estate, close to new Brightwells development
- On site parking
Description
The subject property comprises a purpose built semi-detached industrial unit, with mezzanine throughout providing first floor storage. The unit is currently used by Wolseley Centres Limited as a trade counter. The neighbouring unit is also occupied by the same tenant and is interconnected.
Available area
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground | 684 | 63.55 | Available |
| Mezzanine | 684 | 63.55 | Available |
| Total | 1,368 | 127.10 |
Location
The property is located on the Farnham Business Centre built in the late 1980's comprising a small unit industrial development adjoining Riverside Park and the Farnham Sports Centre. The town centre is within a short distance and the mainline railway station (London Waterloo 55 minutes) is easily accessible. Nearby the A325/A31 give fast access to the A3(M) and Junction 4 of the M3.
Terms
The long leasehold interest is available to purchase. This is a 99 year lease running from 15/04/1996. A ground rent of £4,216 per annum is currently payable. This ground rent is reviewed every 5 years to 36.1% of the rack rent and was last reviewed in August 2018.
Price
We are instructed to quote a price of £97,500, subject to contract and exclusive of VAT.
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents: