Property photos
Offers in region of
£395,000
(£307.15/sq. ft)
Retail premises for sale
Frimley Road, Camberley GU151,286 sq. ft
Local area information
Property location
Nearby amenities
- South Camberley Primary and Nursery School 0.2 miles
- Kings International College 0.3 miles
- Camberley 0.8 miles
- Blackwater 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Camberley to find out more about the local area.
Features and description
- Premises with A busy roadside location
- Of interest to investors/builders etc
- Shop plus offices and storage
- Excellent potential to split the shop from the original house (house currently U
The property comprises an attractive two storey semi-detached property (originally built as a house) having it’s own private mature rear garden, detached garage and driveway. To the front of the property a prominent single storey shop was constructed in the past and tied into the original semi-detached property.
Location
The property occupies a prominent location on Frimley Road, within easy travelling distance of both Camberley and Frimley town centres, and with swift vehicular access to both the A30 London Road, and to the A331 Blackwater Valley Road. Junction 4 of the M3 is within a few miles. There are local shopping facilities in the immediate vicinity and a new Co-operative supermarket has recently opened further up the road.
Accommodation
Shop Area 277 ft² (25.79 m²)
Ancillary Shop/Office 97 ft² ( 9.00 m²)
Total 375 ft² ( 34.79 m²)
Rear Building (excluding the rear ancillary shop/office)
Ground Floor 470 ft² (43.6 m²)
First Floor 441 ft² (41 m²)
Total 1,286 ft² ( 119.39 m²)
Outside
There is a mature private garden and a detached garage and driveway.
Potential future development – subject to planning & building regulations
In our view at the end of the lease, we believe there is excellent potential to split the shop from the rear building retaining the shop and the adjacent office to the front as continued retail use, and to convert the rear property to a 3 bedroom house, which will include the private garden, garage and driveway.
As we see it the works will involve physically blocking up the two door openings with the rear office, installation of a toilet within the rear office in order to serve the shop, and the splitting of services where required. Obviously subject to planning and building regulations.
Estimated future values if property is split
Obviously interested parties will have to come to their own conclusion on re-sale values on the basis of splitting and refurbishing the premises and of course this will be at a future day following the expiry of the lease, but our “guesstimate” at current day prices show the shop to be around £125,000 and the rear building around £350/375,000 depending on finish and specification.
Price
Offers in the region of £395,000 for our client’s freehold interest.
VAT
The property is elected for VAT, however, the investment can be sold as a Transfer as a Going Concern (togc), or our client is willing to de-register the property from VAT if preferred.
Business rates
The premises are currently rated as a shop and premises with a Rateable Value of £8,900, which brings the premises into the small business rates relief.
Energy performance certificates (EPC)
Shop & Premises
d-89
Legal costs
Each party to pay their own legal costs in the matter.
Location
The property occupies a prominent location on Frimley Road, within easy travelling distance of both Camberley and Frimley town centres, and with swift vehicular access to both the A30 London Road, and to the A331 Blackwater Valley Road. Junction 4 of the M3 is within a few miles. There are local shopping facilities in the immediate vicinity and a new Co-operative supermarket has recently opened further up the road.
Accommodation
Shop Area 277 ft² (25.79 m²)
Ancillary Shop/Office 97 ft² ( 9.00 m²)
Total 375 ft² ( 34.79 m²)
Rear Building (excluding the rear ancillary shop/office)
Ground Floor 470 ft² (43.6 m²)
First Floor 441 ft² (41 m²)
Total 1,286 ft² ( 119.39 m²)
Outside
There is a mature private garden and a detached garage and driveway.
Potential future development – subject to planning & building regulations
In our view at the end of the lease, we believe there is excellent potential to split the shop from the rear building retaining the shop and the adjacent office to the front as continued retail use, and to convert the rear property to a 3 bedroom house, which will include the private garden, garage and driveway.
As we see it the works will involve physically blocking up the two door openings with the rear office, installation of a toilet within the rear office in order to serve the shop, and the splitting of services where required. Obviously subject to planning and building regulations.
Estimated future values if property is split
Obviously interested parties will have to come to their own conclusion on re-sale values on the basis of splitting and refurbishing the premises and of course this will be at a future day following the expiry of the lease, but our “guesstimate” at current day prices show the shop to be around £125,000 and the rear building around £350/375,000 depending on finish and specification.
Price
Offers in the region of £395,000 for our client’s freehold interest.
VAT
The property is elected for VAT, however, the investment can be sold as a Transfer as a Going Concern (togc), or our client is willing to de-register the property from VAT if preferred.
Business rates
The premises are currently rated as a shop and premises with a Rateable Value of £8,900, which brings the premises into the small business rates relief.
Energy performance certificates (EPC)
Shop & Premises
d-89
Legal costs
Each party to pay their own legal costs in the matter.
More information
Listed by
Clare & Company
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