Farnborough, GU14 6EW
|Size||865 sq ft|
|Price||Offers in the region of £200,000|
|Business Rates||£5,364.25 per annum 100% Small Business Rate Relief should be applicable, subject to status|
|Energy Performance Rating||Upon enquiry|
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 is currently occupied under licence such that full vacant possession can be provided in due course, or if purchased on an investment basis, there is an existing income, with a potential to obtain a replacement or new letting. It is our opinion that the rental value of the premises is in the region of £12,000 - £14,000 per annum exclusive.
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.
The accommodation comprises the following areas:
|Name||sq ft||sq m||Availability|
|Ground - Retail||865||80.36||Available|
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.
Offers invited in the region £200,000.
VAT is payable on the purchase price.
Each party to meet its own legal costs incurred in the transaction.
Full details upon application.
Rateable value - £10,750 per annum
Rates payable - £5,365 per annum
NOTE: 100% Small Unit Business Rate Relief should apply, subject to status.
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