£3,400,000

Retail premises for sale

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Offers in region of

£3,400,000

(£42,500.00/sq. ft)

Retail premises for sale

Westfield Road, Woking GU22

8,040 sq. ft

Local area information

Property location

Nearby amenities

  • Westfield Primary School 0.3 miles
  • Barnsbury Primary School and Nursery 0.5 miles
  • Worplesdon 1.2 miles
  • Woking 1.3 miles

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

Features and description

  • Freehold mixed-use investment
  • Arranged over three floors totalling 8,040 sq ft
  • Ground floor retail let to Co-Op
  • 15-year indexed-linked lease expiring Aug 2036
  • 7 Flats all let on various AST's
  • Total rent of £215,000 p.a.
  • Woking, a thriving town in Surrey
Description

Freehold mixed-use investment
Ground floor supermarket of 3,347 sq ft
7 flats arranged over the two upper floors with seperate side access
Onsite parking for 18 vehicles

Tenancy

Ground floor let to Co-Operative Group Food Limited on a 15 year term expiring 25th August 2036 (c.12 years unexpired)
Initial rent of £83,000 p.a. With uplift to c.£95,000 p.a. In August 2026
cpi linked rent reviews in 2026 and 2031 (collar and cap of 1% and 3%)
7 flats all let on various AST's
Total combined income of £215,000 p.a.

Location

Located in the thriving community of Westfield, Woking
The strong local economy, combined with nearby residential developments, ensures consistent foot traffic
Neaby occupiers include McLaren HQ, Mercedes-Benz World and Fairoaks Private Airport
View in Google Maps

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. Woking
  5. Westfield Road