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Investment

Investment For Sale Woking

PROPERTY ID: 148098

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

1,939 sq.ft

Key Features

Prominent town centre position
Close proximity to M&S, Boots and Gails
Ground floor let at £29,000 per annum exclusive, rising to £32,000
1st & 2nd floor offices let at £24,588 per annum exclusive

Property Details

The Property Comprises A Ground-floor Lock-up Class E Unit With Use Of First-floor Wcs, Trading As Sterling Street (mortgage Brokers), Let On An Efri Lease For Five Years. The Passing Rent Is £29,000 (1 March 2025), Stepping Up To £30,000 (1 March 2026), £31,000 (1 March 2027) And £32,000 (1 March 2028). The Lease Is Contracted Out Of The Security Of Tenure Provisions Of The Landlord & Tenanct Act 1954.

The First And Second Floors Are Let To Enhance Media Limited On An Efri Lease For Five Years From 1 July 2021 To 30 June 2026, With Rent Commencing 1 November 2021. The Current Passing Rent To Be £24,588 P.a. The Lease Is Contracted Out Of The Security Of Tenure Provisions Of The Landlord & Tenanct Act 1954. The 1st And 2nd Floors Have Been Previously Let On A Seperate Basis.

The Property Fronts Commercial Way, The Town Centre’s Pedestrianised Retail Pitch. Nearby Occupiers Include Boots, Gail’s, Marks & Spencer And Lark.
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About the Agent

Curchod & Co

See Agent's Other Properties

Investment Unit

£545,000 Freehold

4 Commercial Way, Woking, GU21 6ET
Investment - Under Offer
1,939 sq ft
180 sqm
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