£695,000

Retail premises for sale

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Freehold

£695,000

(£258.36/sq. ft)

Retail premises for sale

Frimley Road, Camberley GU15

2,690 sq. ft

Local area information

Property location

Nearby amenities

  • South Camberley Primary and Nursery School 0.3 miles
  • Kings International College 0.4 miles
  • Camberley 0.8 miles
  • Blackwater 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Freehold Investment Opportunity
  • Scope for Future Redevelopment STPP
  • Adjacent to Newly Constructed Residential Development
  • Two Retail Units on Ground Floor
  • Two Large One Bedroom Flats on First Floor

  • Description

    The property is a brick built two storey detached building containing two retail units on the ground floor and two one-bed flats with their own separate access on the first floor. There is a parking to the rear of the property which is included within the demise that allows parking for 2-4 cars.

    Retail Unit 1 is let to a dry cleaners for a term of 15 years expiring March 2032 paying £10,000 per annum.
    Retail Unit 2 is let to a Launderette user for 15 years until July 2030 at £8,000 per annum.
    Both flats are occupied on AST’s providing a combined income of £18,900 per annum. Total income £36,900 per annum.

    Location

    146 Frimley Road is located at the Southern edge of Camberley and is only a couple minutes drive from junction 4 of the M3. The property is located within a prominent parade of retail units and is adjacent to a newly constructed residential scheme that also features a co op convenience store on the ground floor.

    EPC

    Unit 1: B- 34
    Unit 2: E-112
    Flats: C

    More information

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    1. Zoopla
    2. Commercial for sale
    3. Surrey
    4. Camberley
    5. Frimley Road

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