1 London Road Camberley Surrey GU15 3UZ

1 London Road
Camberley
Surrey
GU15 3UZ

Freehold Retail Investment

  • Entirely let to American Golf Discount Centre Limited on a 25 year lease until 2026
  • Prominent position on main road (A30)
  • Approximate site area of 0.125 hectares (0.31 acres) providing car parking for approximately 17 cars
  • Lot
    32
  • Auction
    11th December 2014
  • Rent
    £69,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £980,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • Entirely let to American Golf Discount Centre Limited on a 25 year lease until 2026
  • Prominent position on main road (A30)
  • Approximate site area of 0.125 hectares (0.31 acres) providing car parking for approximately 17 cars
  • Lot 32
  • Auction 11th December 2014
  • Rent
  • Status Sold
  • Price £980,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
5 miles north of Farnborough, 9 miles north-west of Woking, 19 miles south-west of Reading
Roads
A325, A322, A30, M3 (Junction 3)
Rail
Bagshot Railway Station, Camberley Railway Station
Air
London Heathrow
Situation

The property is situated less than 1 mile to the north-east of Camberley town centre on the roundabout at the intersection of the A30 (Chandon Road) and A325 (Portsmouth Road). There are a number of golf clubs located in the surrounding area with Fitness First and Falcon Fitness Camps also nearby.

Tenure

Freehold.

Location
Miles
5 miles north of Farnborough, 9 miles north-west of Woking, 19 miles south-west of Reading
Roads
A325, A322, A30, M3 (Junction 3)
Rail
Bagshot Railway Station, Camberley Railway Station
Air
London Heathrow
Situation

The property is situated less than 1 mile to the north-east of Camberley town centre on the roundabout at the intersection of the A30 (Chandon Road) and A325 (Portsmouth Road). There are a number of golf clubs located in the surrounding area with Fitness First and Falcon Fitness Camps also nearby.

Tenure

Freehold.

Description

The property comprises a large ground floor retail unit with basement storage and ancillary accommodation on the first floor.
Planning permission has been granted for the erection of a single storey side extension, installation of an air conditioning unit and changes to the car parking layout – for more information go to http://www.surreyheath.gov.uk (Ref: 12/0855). The property also benefits from a site area of approximately 0.125 hectares (0.31 acres) providing 17 car parking spaces.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a large ground floor retail unit with basement storage and ancillary accommodation on the first floor.
Planning permission has been granted for the erection of a single storey side extension, installation of an air conditioning unit and changes to the car parking layout – for more information go to http://www.surreyheath.gov.uk (Ref: 12/0855). The property also benefits from a site area of approximately 0.125 hectares (0.31 acres) providing 17 car parking spaces.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Basement
First
Retail
Storage
Ancillary
258.00 sq m
20.25 sq m
47.00 sq m
(2,777 sq ft)
(218 sq ft)
(506 sq ft)
AMERICAN GOLF
DISCOUNT CENTRE
LIMITED (1)
25 years from 03/10/2001 until
02/10/2026 on a full repairing
and insuring lease (2)
£69,500 02/10/2011 and
five yearly
Totals
325.25 sq m
(3,501 sq ft)
    £69,500

(1) For the year ending 7th January 2013, American Golf Discount Centre Limited reported a turnover of £97,336,000, pre-tax profits of £4,672,000 and a total net worth of £18,407,000. (Source: www.riskdisk.com 10/11/2014)
(2)The lease is subject to a Schedule of Condition.

Property Documents

  • Site Plan
    Updated Date
    18.11.14
    File Size
    51 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    647 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Benson Mazure LLP 66-70 Baker Street
London
W1U 7DJ
A Levy 0207 486 8091amlevy@bensonmazure.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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