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Retail Investment, Dobbe House, Ewhurst Road, Cranleigh, GU6 7AA

1,080 Sq Ft / Retail / Investment

Sold - Last updated: 20 May 2020

The property for sale is a detached single storey retail building, clearly with scope to extend upwards, built originally by Dobbe florist and greengrocers, now let in its entirety to Woodford Family Funeral Services on a new 10 year full repairing and insuring lease.

Location

Located on a prominent site with excellent visibility all round, vehicular and pedestrian access to Ewhurst Road, on site car parking, and casual parking to one side. Nearby traders include. Content a Pet, The White Hart, Cranleigh Funerals, and just down the street Cranleigh’s only fuel station (Esso).

Accommodation

Net internal Area: 1080 sq ft (100.4 sq m)
Together with side vehicular access and parking for two cars.

Terms

THE INVESTMENT
The property is agreed to let to Woodford Family Funeral Services on a new 10 year full repairing and insuring lease, with a 5 year upward only rent review and a three year Tenant only break clause (subject to 6 months prior notice). The rent is £26,000 pax no vat.

RATEABLE VALUE
£18,XXXa subject to re-assessment.

EPC
D 91.

PRICE
Offers over £400,000 stc and no vat for this fully let investment with potential.


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