31-31A High St | Camberley GU15 3RB
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31-31A High St
Camberley GU15 3RB
Retail Property For Sale
Investment Highlights
- Prime location
- Close proximity to local amenities and shops
- Large frontage
Executive Summary
The premises being sold comprise two retail units on ground floor level with exclusive car parking situated to the rear. There are two flats above the retail units which are not included which can be available subject to further specific enquiries. Unit 31 is let to a local bakers/cafe who have been in occupation since 1998. The property is occupied under a lease due to expire on 11th January 2027 at an annual rental of £29,000. Unit 31A is let to a privately owned chain of jewellers with a lease due to expire on 31st January 2026 at an annual rental of £15,000. The two flats above are held on a lease granted for a term of 125 years from 1st July 2016 subject to an annual rental of £250.00 per annum increasing by £250.00 per annum every 25 years. Two car parking spaces are separately let at a rate of £100.00 per month (£1,200 per annum). A further car parking space is separately let at a rate of £60.00 per month (£720.00 per annum).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,464 SF
Building Class
B
Year Built
1929
Price
£500,000
Price Per SF
£342
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Parking
4 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
22 ft on High St
Amenities
- Dedicated Turn Lane
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