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138 Frimley Rd
Camberley GU15 2QN
Retail Property For Sale
Investment Highlights
- Street Parking within Frimley Road
- Long Term Occupational Lease on the shop to March 2038
- Rear Access and Loading
- Good Sized Lock-up Shop with Rear Ancillary Areas
- Self-Contained Flat Let Separately
- NO VAT
Executive Summary
The property comprises an extended terrace double fronted lock-up shop currently used as a fish and chip café and takeaway food shop, with rear preparation and storage rooms. On the first floor there is a 2 bedroom self-contained first floor flat which is accessed to the rear of the property via an external staircase, leading to a wide pathway over the flat roof extension leading to the access door of the flat.
The shop is let to a private individual t/a Mr. Cod until March 2038, with the lease incorporating 5 yearly rent reviews, the current rent is £18,000 pax.
Offers in the region of £350,000.
Each party to pay their own legal costs in the matter.
The shop is let to a private individual t/a Mr. Cod until March 2038, with the lease incorporating 5 yearly rent reviews, the current rent is £18,000 pax.
Offers in the region of £350,000.
Each party to pay their own legal costs in the matter.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
626 sq ft
Costar Property Class
B
Year Built
1924
Price
£350,000
Price per sq ft
£559.11
Yield
8.43%
NOI
£29,520
Tenancy
Single
Number of Floors
2
Plot ratio
0.05
Total Plot Size
0.30 ac
Parking
1 Spaces (1.15 Spaces per 1,000 sq ft Leased)
Frontage
15 ft on Frimley Rd
Amenities
- Signage
- EPC - B
- Storage Space
- Smoke Detector
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