FOR INVESTMENT, OCCUPATION AND/OR CONVERSION FREEHOLD FOR SALE
PRICE REDUCED
Income Producing Café and Vacant Shop on Ground Floor
3 Floors of Vacant Office Space with Potential to be Converted
153 sq m (1646 sq ft) Total Vacant Space
Central Location in Bramley High Street
£500,000 for Freehold Interest
Location
The property is situated in a central location on the west side of Bramley High Street (A281) about 3 miles away from Guildford and Godalming. Bramley village has a local shopping parade, public houses, schools and library.
Description
The property comprises two small retail units on the ground floor (a vacant shop and a tenanted café) and office space above. There is also a rear garden attached to the café which is used for seating in the summer.
Accommodation
The accommodation is approximately as follows:
Ground Floor
Shop 20.33 sq m (219 sq ft)
Cafe 36 sq m (388 sq ft)
Kitchen 7.20 sq m (45 sq ft)
Rear Store 15.38 sq m (165 sq ft)
1st Floor Offices 70.04 sq m (754 sq ft)
2nd Floor Offices 48.91 sq m (526 sq ft)
3rd Floor Offices 13.66 sq m (147 sq ft)
Total area 211.52 sq m (2,244 sq ft
Lease
There is vacant office space on the first, second and third floors of this attractive Victorian building, totalling 133 sq m (1,427 sq ft) with potential to convert into 3 residential flats or D1 use, subject to planning. Change of Use to residential use may be allowed under permitted development rights.
The café is leased for a term expiring 23 June 2015 to Peter Hirth on repairing and insuring terms at a passing rent of £9,250 p.a.
Accommodation
The accommodation is approximately as follows:
Ground Floor
Shop 20.33 sq m (219 sq ft)
Cafe 36 sq m (388 sq ft)
Kitchen 7.20 sq m (45 sq ft)
Rear Store 15.38 sq m (165 sq ft)
1st Floor Offices 70.04 sq m (754 sq ft)
2nd Floor Offices 48.91 sq m (526 sq ft)
3rd Floor Offices 13.66 sq m (147 sq ft)
Total area 211.52 sq m (2,244 sq ft)
Freehold Sale: £500,000
Rates
Rateable Value: £14,300 (Shop & Café).
Rates Payable: £6,892.60 (2014-2015)
Offices to be assessed.
EPC
Rating: C.
Legal Costs
The ingoing tenant to bear our client’s legal costs incurred in the transaction.