American Golf A3, Guildford Bypass Guildford Surrey GU2 7RY

  • American Golf<br>A3, Guildford Bypass<br>Guildford<br>Surrey<br>GU2 7RY

American Golf
A3, Guildford Bypass
Guildford
Surrey
GU2 7RY

Freehold Retail/Roadside Investment

  • Let to American Golf Discount Centre Limited until September 2024 (subject to option)
  • Prominent position on A3 Guildford Bypass
  • Site area of 0.37 acres - low site cover
  • Customer car parking for approximately 28 cars
  • Future alternative use potential, subject to consents (previous A3 consent)
  • Affluent Surrey location
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    18
  • Auction
    7th July 2016
  • Rent
    £100,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,100,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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Freehold Retail/Roadside Investment

  • Let to American Golf Discount Centre Limited until September 2024 (subject to option)
  • Prominent position on A3 Guildford Bypass
  • Site area of 0.37 acres - low site cover
  • Customer car parking for approximately 28 cars
  • Future alternative use potential, subject to consents (previous A3 consent)
  • Affluent Surrey location
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 18
  • Auction 7th July 2016
  • Rent £100,000 per Annum Exclusive
  • Status Sold
  • Price £1,100,000
  • Sector
    Retail Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
2 miles south-west of Guildford, 9 miles south of Woking
Roads
A3, A31
Rail
Guildford Railway Station
Air
Heathrow Airport, Gatwick Airport
Situation

The property is situated in a prominent location on the southern side of the busy A3 Dual Carriageway, close to its junction with the A31 and 2 miles south-west of Guildford town centre. The A3 is a major road connecting London and Portsmouth and passing close to Kingston upon Thames, Guildford, Haslemere and Petersfield.

Tenure

Freehold.

Location
Miles
2 miles south-west of Guildford, 9 miles south of Woking
Roads
A3, A31
Rail
Guildford Railway Station
Air
Heathrow Airport, Gatwick Airport
Situation

The property is situated in a prominent location on the southern side of the busy A3 Dual Carriageway, close to its junction with the A31 and 2 miles south-west of Guildford town centre. The A3 is a major road connecting London and Portsmouth and passing close to Kingston upon Thames, Guildford, Haslemere and Petersfield.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with customer car parking for approximately 28 cars.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor retail unit with customer car parking for approximately 28 cars.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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 Review
Ground Retail/Ancillary
293.95 sq m
(3,164 sq ft)
 AMERICAN GOLF
DISCOUNT CENTRE
LIMITED (1)		 15 years from 10/09/2009 until 09/09/2024 (2)
on a full repairing and insuring lease		 £100,000 10/09/2019
Total  
293.95 sq m
(3,164 sq ft)
     £100,000

(1) For the year ending 24th January 2016, American Golf Discount Centre Limited reported a turnover of £98,213,000, pre-tax profits of £2,277,000 and a total net worth of £20,087,000. They currently trade from about 106 stores in the UK and Ireland. (Sources: Experian Group and www.americangolf.co.uk 10/06/2016)
(2) The lease is subject to a tenant option to determine on 10th September 2019, on not less than 9 months’ notice.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Forsters LLP 31 Hill Street
London
W1J 5LS
Katherine Ekers 0207 863 8563katherine.ekers@forsters.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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