16 - 18 Church Street Weybridge Surrey KT13 8DX

16 - 18 Church Street
Weybridge
Surrey
KT13 8DX

Freehold Retail and Residential Investment

  • Well located Korean and Japanese restaurant let until 2028
  • Includes 3 residential flats let on AST’s
  • Affluent Surrey commuter town
  • Nearby occupiers include Starbucks, Barclays Bank , Laura Ashley, Lloyds Bank and Robert Dyas
  • Six Week Completion
  • Lot
    37
  • Auction
    9th July 2014
  • Rent
    £65,620 per Annum Exclusive
  • Status
    Sold
  • Price
    £840,000
  • Sector
    Restaurant
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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      Freehold Retail and Residential Investment

      • Well located Korean and Japanese restaurant let until 2028
      • Includes 3 residential flats let on AST’s
      • Affluent Surrey commuter town
      • Nearby occupiers include Starbucks, Barclays Bank , Laura Ashley, Lloyds Bank and Robert Dyas
      • Six Week Completion
      • Lot 37
      • Auction 9th July 2014
      • Rent
      • Status Sold
      • Price £840,000
      • Sector
        Restaurant
      • Auction Venue
        The Millennium Hotel
        44 Grosvenor Square
        London W1K 2HP

      Property Information

      Location
      Miles
      20 miles south-west of Central London, 8 miles east of Woking
      Roads
      M3, M25, A3
      Rail
      Weybridge Rail Station
      Air
      Heathrow (8 miles) Gatwick Airport (32 miles)
      Situation

      Weybridge is an affluent Surrey commuter town 20 miles south-west of Central London. The property is situated on the north side of Church Street close to its junction with the High Street in the heart of the town centre. Nearby occupiers include Starbucks, Barclays Bank, Laura Ashley, Lloyds Bank and Robert Dyas.

      Tenure

      Freehold.

      Location
      Miles
      20 miles south-west of Central London, 8 miles east of Woking
      Roads
      M3, M25, A3
      Rail
      Weybridge Rail Station
      Air
      Heathrow (8 miles) Gatwick Airport (32 miles)
      Situation

      Weybridge is an affluent Surrey commuter town 20 miles south-west of Central London. The property is situated on the north side of Church Street close to its junction with the High Street in the heart of the town centre. Nearby occupiers include Starbucks, Barclays Bank, Laura Ashley, Lloyds Bank and Robert Dyas.

      Tenure

      Freehold.

      Description

      The property comprises a ground floor restaurant, together with 3 residential flats on two floors above with separate access from the side of the property. Each flat has two rooms, kitchen and bathroom/shower room.

      VAT

      VAT is not applicable to this lot.

      EPC

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

      Description

      The property comprises a ground floor restaurant, together with 3 residential flats on two floors above with separate access from the side of the property. Each flat has two rooms, kitchen and bathroom/shower room.

      VAT

      VAT is not 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/(Reversion)
      Ground
      Part First
      Restaurant
      Ancillary -
      restricted
      headroom
      85.01 sq m
      19.60 sq m
      (915 sq ft)
      (211 sq ft)
      CHOI’S LIMITED (t/a Soya Korean and Japanese Restaurant) (1) 15 years from 11/10/2013 until 10/10/2028 £40,000 10/10/2018 and
      10/10/2023
      Upward Only
      First
      16A
      Residential
      Not Measured
      INDIVIDUAL AST 1 year from 07/07/2014 £8,220 (06/07/2015)
      Second
      16B
      Residential
      Not Measured
      INDIVIDUAL AST 1 year from 10/07/2014 £8,700 (09/07/2015)
      Third
      16C
      Residential
      Not Measured
      INDIVIDUALS AST 1 year from 04/04/2014 £8,700 (03/04/2015)
      Totals
      104.61 sq m
      (1,126 sq ft)
          £65,620

      (1) The lease has a personal guarantee from Mr Choi and a 3 month rent deposit.

      Property Documents

      • Catalogue Page
        Updated Date
        18.06.14
        File Size
        586 KB
        View PDF
      • Site Plan
        Updated Date
        18.06.14
        File Size
        88 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

      Seller's Solicitors
      Bruce Lance & Co 87 Easton Street
      High Wycombe
      Buckinghamshire
      HP11 1NF
      Mark Cairns 01494 450 494mdc@brucelance.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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