£1,000,000

Industrial for sale

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Freehold

Offers over

£1,000,000

(£97.09/sq. ft)

Industrial for sale

Unit B, Guildford Road Trading Estate, Farnham GU9

10,300 sq. ft

Local area information

Property location

Nearby amenities

  • St Polycarp's Catholic Primary School, Farnham 0.5 miles
  • Farnham 0.5 miles
  • South Farnham School 0.6 miles
  • Aldershot 2.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Offered for sale on a long leasehold basis (55 yrs) with vacant possession
  • Currently divided into 2 units each of the same size (approx 5,150 sq ft each). Can be opened up into a single unit.
  • Suited to an occupier requiring circa 5,150 sq ft and then let the adjoining unit as an investment
  • Forecourt parking plus allocated parking within the estate
  • Adjacent to Topps Tiles, Homebase and Farnham Retail Park
  • Vehicular access to rear for deliveries

  • Description

    Until recently both units were occupied separately and fitted with a showroom/display and stores area as well as a trade/customer counter.

    The property is also suitable for other commercial uses (subject to planning and superior landlords consent) including warehouse/storage, production and light industrial.

    The building is currently divided into two units, which are both offered with vacant possession. There will be potential to remove the dividing wall to create a larger single demise.

    Location

    Situated on the established Guildford Road Trading Estate the unit is in a prime trade warehouse location being next door to a number of national trade operators including Topps Tiles, Rexel, Homebase and Bathstore. Farnham retail park is also adjacent to Halfords and Pets at Home.

    Farnham town centre is close by (within 1 mile) and the A31 Farnham by-pass is within 0.5 mile. Guildford town centre is only 15 mins drive away (10 miles).

    Viewings

    By prior appointment with sole agents.

    Terms

    Offered For Sale, with vacant possession, on a long leasehold basis from Waverley Borough Council for a term expiring Sept 2079 - approx 55 years remaining. Current rent is £11,500 per annum with 5 yearly reviews to 22% of rack rented market rent. The next head lease review is September 2024.

    Specifications

    Internal eaves - 2.5m at ridge rising to 3.9m to haunch
    Customer parking to the front of the unit
    Additional allocated parking area
    Rear and front loading access
    Fitted with lighting, heating and power

    EPCs- From the on-line EPC Register - Unit B has a EPC rating of B49. The Benchmarx unit has a EPC rating of C61.

    Availability

    The property is held on a long lease from Waverley Borough Council for a term expiring Sept 2079 - approx 55 years remaining. Current rent is £11,500 per annum with 5 yearly reviews to 22% of rack rented market rent. The next head lease review is September 2024.

    Use

    The original permitted use on the lease, from the freehold landlord Waverley bc, was for 'factory and light industrial/manufacturing purposes'. The current permitted use is for trade warehouse/building supplies/timber/plumbing/heating supplies, or B1(c), B2 and B8 use. Others commercial uses may be permitted subject to the landlord (Waverley bc) consent and planning

    Best Bids

    Our client is seeking best bids by 12.00 noon Wednesday 12th June 2024.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Hurst Warne & Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hurst Warne & Partners for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Surrey
    4. Farnham
    5. Guildford Road
    6. Guildford Road Industrial Estate

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