Rare Freehold Vacant Retail Unit with Long Leasehold Uppers

Key Points

• Freehold retail shop with vacant possession
• Great owner occupier opportunity
• 4 above flats sold off on long leasehold with combined £400 per annum ground rent
• 2 designated car parking spaces with customer parking nearby
• Prominently located on established retail parade with extensive frontage
• Grade II Listed

Description

The available freehold is grade II listed and comprises of a large ground floor retail unit with vacant possession, and four residential flats above that have each been sold off on long leasehold.

The ground floor retail unit benefits from being carpeted and decorated throughout, LED striplights, and rear storage, kitchenette and W.C together with 2 car parking spaces with access from a service yard on White Hart Row.

Each flat is currently paying £100 per annum in ground rent, and have the following terms:
Flat 1: 150 years from January 2005
Flat 2: 150 years from August 2004
Flat 3: 125 years from June 2004
Flat 4: 150 years from July 2004

Available area

The accommodation comprises the following areas:

Location

The property is located in a terrace of retail units on Guildford Street, Chertsey. The local retail, leisure and hospitality amenities are all within easy walking distance. Chertsey railway station is approximately 5 minutes on foot from the subject property. Road communications are also excellent, with Junction 11 of the M25 just 1.5 miles away via A317 and A320.

Terms

The freehold of the property is available, held under title number SY716756.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Legal Costs/VAT

Each side to be responsible for their own legal costs incurred in this transaction.

All prices are quoted exclusive of VAT which may be charged.