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Investment For Sale, Woking, Surrey

Investment in Woking
Investment in Woking

Property ID: 158360

£1,270,000 Freehold

36-42 Commercial Way, Woking, Surrey, GU21 6EN

Type Investment
Status Available
Size 6,131 sq ft

Key Features

  • Prominent parade of three retail units in the heart of Woking town centre
  • Fully let to three tenants at a combined passing rent of £134,750 per annum exclusive
  • WAULT of approximately 9.3 years to expiries and 6.0 years to breaks
  • Price reflecting a net initial yield of 10%
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Description

The Property Comprises A Parade Of Three Retail Units. 36 And 38 Commercial Way Each Provide Ground Floor Retail Accommodation With Ancillary Space Uppers. 40/42 Commercial Way Occupies A Prominent Corner Position With An Extended Double Aspect Frontage Onto Commercial Way And Church Path, And Is Arranged Over Ground And Two Upper Floors.

36 Commercial Way Is Let To Bourne Estate Agents Ltd On A Lease For A Term Of 5 Years From 25 March 2026, At A Passing Rent Of £24,000 Per Annum Exclusive.

38 Commercial Way Is Let To The Chancellors Group Of Estate Agents On A Lease From 30 November 2016, At A Passing Rent Of £30,750 Per Annum Exclusive.

40/42 Commercial Way Is Let To Iro Sushi Franchisor Ltd On A Lease For A Term Of 15 Years From 18 September 2025 At A Passing Rent Of £80,000 Per Annum Exclusive.

The Combined Passing Rent Is £134,750 Per Annum Exclusive. Each Lease Is Outside Of The Security Of Tenure Provisions Of The Landlord & Tenant Act 1954. A Full Tenancy Schedule Is Available Upon Request.
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Curchod & Co
Curchod & Co View all properties

Property ID: 158360

Investment For Sale, Woking, Surrey
£1,270,000 Freehold

36-42 Commercial Way, Woking, Surrey, GU21 6EN

Investment · Available · 6,131 sq ft

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Curchod & Co
Curchod & Co View all properties
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