Commercial Property in GU23 available for sale
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Commercial Property for Sale near the GU23, Woking

Explore the Latest GU23 Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the GU23, Woking

More details for 37 Chertsey Rd, Woking - Retail for Sale

37 Chertsey Rd

Woking, GU21 5AJ

  • Retail for Sale
  • £1,200,000
  • 872 sq ft

Woking Retail for Sale

The subject property is a four storey mixed used building with rear access from the Local Authority. Car Park also available. The ground floor is formed of an A3 /A5 retail unit currently trading as Roosters Piri Piri with the upper floors occupied as a licenced HMO, with 6 rooms let out on AST contracts on a room by room basis on all inclusive rents.<br /><br />37 Chertsey Road is located in a busy trading location on the edge of Woking Town Centre. Nearby occupiers include Weatherspoon's, Jaipur Indian, KFC, Thali, William Hill, Ladbrokes, Taco Bell, McDonalds, Subway and Nando's. In terms of local transport links the A3 is located 5 miles to the East, with links to London and the South Coast, the M3 6 miles.<br /><br />The freehold interest is available subject to the below tenancies.<br /><br />The ground floor is let to Farid Ahmed t/a Roosters Peri Peri on a 16 year FRI lease inside the Landlord Tenant Act from 25/12/16 with stepped increases every 4 years. The current passing rent is £38,066 stepping to £41,827 (2024) and £46,509 (2028).<br /><br />A rent deposit is £17,303 (6 months ) is also held on account.<br /><br />The upper parts are let out on an all inclusive AST rents in line with the below 1 month's deposit is held for each tenant and the appropriate HMO certificate has been obtained by the council for this use:<br /><br />Room 1: £600 pcm<br />Room 2: £750 pcm<br />Room 3: £700 pcm<br />Room 4: £750 pcm<br />Room 5: £500 pcm<br />Room 6: £750 pcm<br />Total income is therefore £4,050 pcm or £48,600 per annum (less outgoings.)<br /><br />The outgoings for the property are approximately £13,000 pa resulting in a net income on the upper parts of £34,600 per annum and an overall net income of circa £60,000 per annum.

Contact:

Owen Isherwood Ltd

Property Subtype:

Shopfront

Date on Market:

24/08/2025

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More details for Merrow Ln, Guildford - Office for Sale

Merrow Business Centre - Merrow Ln

Guildford, GU4 7WA

  • Office for Sale
  • £225,000 - £870,000
  • 725 - 3,682 sq ft
  • 3 Units Available
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More details for 43-47 High St, Cobham - Office for Sale

Tgp House - 43-47 High St

Cobham, KT11 3DP

  • Office for Sale
  • £3,500,000
  • 9,008 sq ft
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More details for 40-42 St. Martins Close, East Horsley - Light Industrial for Sale

40-42 St. Martins Close

East Horsley, KT24 6SU

  • Light Industrial for Sale
  • £500,000
  • 2,274 sq ft
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FAQs about Commercial Properties For Sale in GU23

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How many Commercial Property listings are available for sale in GU23?
There are currently 1 Commercial Properties available for sale near GU23. These GU23 Commercial Property listings have an average size of. The largest available listing in GU23 is. The thriving commercial centre and excellent transport links in GU23 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in GU23?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in GU23 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in GU23?
There is a diverse range of commercial properties available in GU23 to suit various business needs. GU23 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 GU23 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the GU23, Woking

You searched for commercial property for sale in GU23. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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