3 School Hill, Wrecclesham, Farnham, GU10 4PU
1,673 Sq Ft / Other / Investment
For Sale
- £350,000.00
Available - Last updated: 17 September 2024
Summary
3 School Hill consists of a retail unit let to Alliance Property Holdings ltd (Part of the Morrisons Group), trading as Morrisons Daily. Prominently located, with parking available off and on road immediately adjacent the unit. The premises have been operated as a convenience store for well over 50 years. The shop consists of a main sales area with storage, a managers office and staff welfare facilities at the rear.
The first floor apartment which is over 900 sq ft, is accessed separately from the shop. It benefits from a very spacious living room, 3 bedrooms, with a WC off the main bedroom, kitchen and bathroom. Street parking is nearby.
Key Points
Let to Alliance Property Holdings Ltd (Part of the Morrisons Group) Trading as Morrisons DailyFRI Lease, inside the act expiring April 2034 with tenant only breaks in April 2027 & 2031£12,700 per annum exclusiveSeparate first floor, three bedroom apartment5th year rent review, cap & collared at 2% and 4% and compounded annuallyOffers invited in excess of £350,000
Viewings
Viewings on an appointment only basis via the sole selling agent Hurst Warne.
VAT
The property is not elected for VAT.
Service Charges
There is a service charge in place, further information is available through the selling agent.
Location
The subject premises are located 1.5 miles west of central Farnham. Situated less than 50m from the roundabout that connects School Hill with the A325, which in turn conveniently links to the A31.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£350,000.00
| NA |
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