To Let
Large Lock-Up Shop/Restaurant/ Takeaway With Hot Food Consent
Location
Frimley is a small and affluent town in west Surrey, situated close to the Hampshire border. It is approximately 2 miles north of Farnborough and Junction 4 of the M3 is within a mile of the town’s centre. The subject property occupies a prime position on the High Street which is anchored by Waitrose. Other occupiers of note include Boots, Post Office, Londis, Oxfam and Betfred, together with several other good quality operators. A privately run public car park is immediately behind this parade of shops, plus further parking within the High Street.
Accommodation
Approximate areas and dimensions as follows:
Internal Width 17’ 1” ft (5.2 m)
Shop Depth 104’ ft (31.7 m)
Shop Area 1,774 ft2 [164.84 m²)
Terms
RENT
A rent of £28,000 pax plus VAT.
TERMS
The property is available by way of a new, effectively, full repairing and insuring lease for a term of years to be agreed, subject to 5 yearly upward only rent reviews.
SERVICE CHARGE
There is a service charge in relation to external repairs and various other items, this is currently running at a figure of £3,348.24 plus VAT per annum.
BUILDINGS INSURANCE
October 2021 to October 2022 is £1,373.98 plus VAT.
VAT
We understand that the property is registered for VAT, so VAT will be chargeable on the rent, service charge and buildings insurance. BUSINESS RATES Rateable Value (2017): £20,000 Uniform Business Rates £XXX/£ Rates payable (approximate) £9,980
LEGAL COSTS
Each party are to be responsible for their own legal costs involved in this transaction.
Specification
- HOT FOOD CONSENT ALREADY IN PLACE
- BUSY HIGH STREET LOCATION
- LARGE SHOP
- 2 PARKING SPACES – PLUS LARGE REAR CAR PARK
- NEARBY OCCUPIERS (inc. Waitrose, Boots and Post Office)