Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity occupying a prominent pitch in the affluent town of Farnham.
Arranged across ground, first and second floors, the property is fully let to A2Z Exclusive Household Limited on a 10 Year Lease Expiring 05.01.2032 and paying £45,000 per annum.
We consider the property benefits from asset management potential via the 2027 rent review, with several recent lettings in the town exceeding the passing rent. Furthermore
We understand the second floor is currently not being used by the tenant, offering the potential for conversion/development (subject to the existing lease and any requisite consents).
Farnham is an affluent market town within Surrey and is popular with professional families due to the direct train links to London Waterloo.
The property occupies a prominent pitch fronting The Borough, forming part of the principal retail amenity within Farnham which features a number of local and national occupiers including Caffe Nero, Subway, Gails and Boots.
Tenure
Freehold
Rent
Notes
We understand the property is elected for VAT. It is anticipated the sale will be treated as a Transfer of a Going Concern (TOGC).