No longer on the market
This property is no longer on the market
MapRetail property (high street)
Retail property (high street)
2690
Features and description
- Freehold Investment Opportunity
- Scope for Future Redevelopment STPP
- Adjacent to Newly Constructed Residential Development
- Two Retail Units on Ground Floor
- Two Large One Bedroom Flats on First Floor
The property is a brick built two storey detached building containing two retail units on the ground floor and two one-bed flats with their own separate access on the first floor. There is a parking to the rear of the property which is included within the demise that allows parking for 2-4 cars.
Retail Unit 1 is let to a dry cleaners for a term of 15 years expiring March 2032 paying £10,000 per annum.
Retail Unit 2 is let to a Launderette user for 15 years until July 2030 at £8,000 per annum.
Both flats are occupied on AST’s providing a combined income of £18,900 per annum. Total income £36,900 per annum.
146 Frimley Road is located at the Southern edge of Camberley and is only a couple minutes drive from junction 4 of the M3. The property is located within a prominent parade of retail units and is adjacent to a newly constructed residential scheme that also features a co op convenience store on the ground floor.
Unit 1: B- 34
Unit 2: E-112
Flats: C
Retail Unit 1 is let to a dry cleaners for a term of 15 years expiring March 2032 paying £10,000 per annum.
Retail Unit 2 is let to a Launderette user for 15 years until July 2030 at £8,000 per annum.
Both flats are occupied on AST’s providing a combined income of £18,900 per annum. Total income £36,900 per annum.
146 Frimley Road is located at the Southern edge of Camberley and is only a couple minutes drive from junction 4 of the M3. The property is located within a prominent parade of retail units and is adjacent to a newly constructed residential scheme that also features a co op convenience store on the ground floor.
Unit 1: B- 34
Unit 2: E-112
Flats: C
Property information from this agent
About this agent
Owen Isherwood was formed in 2021 following the merger of Owen Shipp and Wadham & Isherwood, becoming one of the largest independent commercial agencies covering Surrey, West Sussex and Hampshire. This merger brings together two leading firms that each have over 30 years’ experience in providing expertise in all areas of commercial property. Operating from our base in Guildford, we provide expert advice in Commercial Agency, Investment Sales and Acquisitions, Valuations, Lease Renewals and Rent Reviews in all of the surrounding market towns, villages and hamlets stretching from the South of Hampshire to South London. Our experienced staff members have extensive knowledge and experience within the property industry and combined with our long established presence in the Surrey area are able to offer strong local market knowledge. Our aim is to provide our clients with an enthusiastic, effective and friendly service which allows them to make fully informed decisions in the purchase, disposal or enhancements of their property assets.