Summary
Self-Contained Office Suite Investment
Location
The Monument occupies a prime position on Monument Hill, the principal thoroughfare of Weybridge Town Centre leading to the High Street. The building benefits from excellent transport links including; M25 (J11) 2 miles, A3 (at Cobham) 2.5 miles and M3 - 5 miles distant. Heathrow Airport is situated approx. 15 miles distant and Gatwick 31 miles distant. Weybridge itself is an affluent vibrant town boasting a number of quality retail and restaurant facilities.
The property comprises 2 office suites which occupy the majority of a ground floor of a larger 3-storey, detached office building set within attractive landscaped grounds and benefitting from a gated car park at the rear. The property also benefits from an attractive entrance foyer at the front of the building. The suites themselves have been knocked-through to provide one mainly open plan space together with various offices / meeting rooms. The office benefits from integral WC and kitchen facilities.
The specification includes;
- Comfort Cooling / Heating
- Suspended Ceilings / Recessed Lighting
- Perimeter Trunking
- Double Glazed Windows
- Passenger Lift
- 6 Designated Parking Spaces
Accommodation
Measured on a net internal basis, the combined suites measure approx. 1,780 sq ft (165 sq m).
Tenure
The suites are available by way of an assignment of the long-leasehold interest (balance of 999 yrs lease granted circa 2006), subject to the occupational lease. Details of the occupational lease is as follows;
A sublease vested in Heath Lodge Care Services Limited for a term of 5 years from 23rd October 2014, expiring 22nd October 2019 at a rent of £XXX per annum exclusive. The lease contains a mutual break clause dated 23rd October 2017 requiring 6 months notice. The lease also contains an upwards-only rent review at 23rd October 2017 which is RPI linked.
We believe that the estimated rental value, assuming refurbishment, is approx. £XXX per annum exclusive.
A copy of the occupational lease can be made available upon request OR downloaded from our property webpage. See www.hurstwarne.co.uk.
Price
£XXX plus VAT (if applicable) for the balance of a 999yr leasehold interest.
Viewings
Strictly by appointment with the sole selling agent Hurst Warne.