Frimley, GU16 7JE
|1,358 sq ft
|See further comments
|Energy Performance Rating
A three-storey end of terrace building occupying a prominent position in High Street, Frimley, adjacent to the post office.
The ground floor is let to a ladies hairdresser who is long established in the building, with a lease currently terminating in March 2025, although the tenant wishes to take a further lease. The current rent is £10,500 per annum exclusive.
The first and second floors have been used as offices for many years, but planning consent has been obtained for residential use, such that the premises can be used for either purpose. It comprises 3 large rooms on the first floor with WC and kitchenette, and 2 further rooms on the second floor, with a private front lobby entrance at the front of the building. It is presented in good order, with a gas central heating system, modern LED lighting, carpeting etc.
In addition, there are advertising hoardings on the side of the building, currently producing a rent of circa £2,562 per annum, with RPI rent review every 3 years, then next being in 2026.
It includes a private car parking area to the rear.
The accommodation comprises the following areas:
|Ground - Retail
|Building - First & second floors
£395,000 for the freehold interest.
Details upon application.
Rateable value - £11,500 pa
Payable - £5,738 pa
Rateable value - £8,100 pa
Payable - £4,041 pa
Note: Small Unit Business Rate Relief may applicable, subject to status.
Each party to meet its own legal costs incurred in the transaction.
Get in touch to find out how we can help you.Contact Us