8 Camp Road
Farnborough, GU14 6EW
| Property Type | Retail |
| Tenure | For Sale |
| Size | 865 sq ft |
| Price | Offers in the region of £167,500.00 |
| Business Rates | £5,364.25 per annum 100% Small Business Rate Relief should be applicable, subject to status |
| Energy Performance Rating | Upon enquiry |
Retail unit for sale
Key Points
- Modern retail unit
- Prominent trading position in Camp Road
- Currently let and income producing but can also be purchased with full vacant possession
Description
The subject premises form the ground floor of a development completed in 2005, occupying a prominent position in Camp Road, opposite Budgens foodstore, in the vibrant North Camp business area.
The shop will be sold with full vacant possession, and based on recent letting activity in the local area recently, it is our view that a new lease should attract a rent in the region of £12,000 - £14,000 per annum exclusive, if purchased on an investment basis.
The retail area is presented in generally open plan format, with a small return frontage, and modern shop front. It includes a kitchenette and WC to the rear.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground - Retail | 865 | 80.36 | Available |
| Total | 865 | 80.36 |
Terms
For Sale by way of a ground lease of 125 years from 08 August 2005, at a current passing ground rent of £25 per annum.
price
Offers invited in the region £167,500.
VAT is payable on the purchase price.
legal costs
Each party to meet its own legal costs incurred in the transaction.
EPC
Full details upon application.
Business rates
Rateable value - £10,750 per annum
Rates payable - £5,365 per annum
NOTE: 100% Small Unit Business Rate Relief should apply, subject to status.
