MapOffers in region of
£155,000Hairdresser and barber shop for sale
Godalming GU7
Hairdresser and barber shop
1257
Features and description
- Fantastic Investment Opportunity
- Immediate Income
- Yield of Approx 8%
- Mixed Development
- Annual Income £12,550
- 100% Occupancy
- Located in Farncombe, Surrey
- Prime Location with Ample Footfall
- Low Incoming Costs
- End of Terrace
Description
The Vault Real Estate is delighted to present this exceptional mixed-use investment opportunity located in the sought-after village of Farncombe, Godalming. Offering an impressive yield exceeding 8%, the property provides immediate income with full occupancy.
The commercial unit has been used as a hairdressers for over 50 years!
It is our understanding that this property may be suitable for inclusion within a SIPP or SSAS pension scheme; however, prospective purchasers should seek independent professional advice before proceeding.
Specification
Size
1258 sqft
Tenure
This property is believed to be a freehold.
Tenancies
Ground Floor Unit – Currently leased on an FRI basis, generating £12,500 per year. Under the terms of the lease, there should be a rent review in 2027 and 2030.
First Floor Flat – Sold on a long lease with a ground rent of £50 per year.
Planning & Usage
Ground Floor – A1/A2 Retail and Financial/Professional Services
First Floor Flat – Residential C3
VAT
It is believed that VAT is not payable.
Services
None of the appliances and/or services have been tested and we advise any incoming buyer(s) to conduct their own assessments or tests.
Legal Costs
Each party is liable for their own legal and conveyancing costs.
Buyer Fees
Buyer fees are payable following the acceptance of an offer.
Council Tax & Rateable Value
Ground Floor Premises Rateable Value - £7800
First Floor Flat Council Tax Band - C
Local Authority - Waverley
EPC
Ground Floor - C 73 - See attachments
First Floor - C 70 (Potential 75) - See attachments
Title Split
The current owner will be retaining the land directly behind the premises. See attachments.
Anti-Money Laundering
To comply with the Anti Money Laundering Regulations 2017, all clients and parties will be asked to verify their identify and address. For limited companies, this applies to all directors and shareholders that hold more than 25% ownership.
Disclaimer
Although we have made every effort to ensure the information in this brochure is accurate, we encourage all interested parties to verify the details, including the description and floorplan, through inspection or other means. Any fixtures and fittings mentioned should be considered excluded from the sale unless explicitly stated. We have not tested any appliances or services and cannot guarantee their functionality.
The Vault Real Estate is delighted to present this exceptional mixed-use investment opportunity located in the sought-after village of Farncombe, Godalming. Offering an impressive yield exceeding 8%, the property provides immediate income with full occupancy.
The commercial unit has been used as a hairdressers for over 50 years!
It is our understanding that this property may be suitable for inclusion within a SIPP or SSAS pension scheme; however, prospective purchasers should seek independent professional advice before proceeding.
Specification
Size
1258 sqft
Tenure
This property is believed to be a freehold.
Tenancies
Ground Floor Unit – Currently leased on an FRI basis, generating £12,500 per year. Under the terms of the lease, there should be a rent review in 2027 and 2030.
First Floor Flat – Sold on a long lease with a ground rent of £50 per year.
Planning & Usage
Ground Floor – A1/A2 Retail and Financial/Professional Services
First Floor Flat – Residential C3
VAT
It is believed that VAT is not payable.
Services
None of the appliances and/or services have been tested and we advise any incoming buyer(s) to conduct their own assessments or tests.
Legal Costs
Each party is liable for their own legal and conveyancing costs.
Buyer Fees
Buyer fees are payable following the acceptance of an offer.
Council Tax & Rateable Value
Ground Floor Premises Rateable Value - £7800
First Floor Flat Council Tax Band - C
Local Authority - Waverley
EPC
Ground Floor - C 73 - See attachments
First Floor - C 70 (Potential 75) - See attachments
Title Split
The current owner will be retaining the land directly behind the premises. See attachments.
Anti-Money Laundering
To comply with the Anti Money Laundering Regulations 2017, all clients and parties will be asked to verify their identify and address. For limited companies, this applies to all directors and shareholders that hold more than 25% ownership.
Disclaimer
Although we have made every effort to ensure the information in this brochure is accurate, we encourage all interested parties to verify the details, including the description and floorplan, through inspection or other means. Any fixtures and fittings mentioned should be considered excluded from the sale unless explicitly stated. We have not tested any appliances or services and cannot guarantee their functionality.
About this agent
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