19/19a/19b High Street
Weybridge
Surrey
KT13 8AX

Prime Freehold Retail and Residential Investment

  • Shop let to Holland & Barrett Limited
  • Two flats above let on ASTs
  • Nearby occupiers include Waitrose, Boots the Chemist, WHSmith, Caffè Nero, Fat Face, White Stuff and Space NK Apothecary
  • Affluent Surrey commuter town
  • VAT-free Investment
  • Lot
    7
  • Auction
    14/Feb/2018
  • Rent
    £53,140 per Annum Exclusive
  • Status
    Sold
  • Price*
    £930,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • 19/19a/19b High Street<br>Weybridge<br>Surrey<br>KT13 8AX
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Property Information

Location
Miles
16 miles north-east of Guildford, 20 miles south-west of Central London
Roads
A3, M3, M25
Rail
Weybridge Railway Station
Air
London Heathrow and London Gatwick Airports
Situation

Weybridge is an affluent Surrey commuter town located some 20 miles south-west of Central London. The property is located in a prime trading position on the southern side of High Street, close to its junction with Elmgrove Road and east of Church street and north of Baker Street. Space NK Apothecary is adjacent to the property, with other nearby retailers including Waitrose, Boots the Chemist, WHSmith, Caffè Nero, Fat Face and White Stuff, with Prezzo, Pizza Express and Morrisons also represented within the town.

Tenure

Freehold.

Description

The property comprises a ground floor shop with two self-contained flats on the first and second floors, both of which underwent a refurbishment programme about five years ago.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

Bidder's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x
GroundRetail/Ancillary
99.03 sq m
(1,066 sq ft)
HOLLAND &
BARRETT LIMITED
(1)
10 years from 03/08/2011£34,000
FirstResidential - One
bedroom flat
40.97 sq m
(2)
(441 sq ft)
TWO INDIVIDUALSAST for 1 year from
10/05/2017 at £795 pcm
£9,540 (3)
SecondResidential - One
bedroom flat
40.97 sq m
(2)
(441 sq ft)
INDIVIDUALAST for 1 year from
15/08/2017 at £800 pcm
£9,600 (3)
Total Area
180.97 sq m
(1,948 sq ft)
  £53,140 (3)

(1) Holland & Barrett have over 145 years of industry experience and are of the world’s leading health and wellness retailers and the largest in Europe. They operate from over 1,360 stores around the world, with a presence in 16 country markets (Source: www.hollandandbarrett.com 16/01/2018).
(2) Gross Internal Area.
(3) Annual equivalent rent.

Property Documents

  • Site Plan
    Updated Date
    23.01.18
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    23.01.18
    File Size
    1,014 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George WatkinsGeorge Watkins +44 (0)20 7034 4861george.watkins@acuitus.co.uk
Associate Auctioneers
Leslie Perkins 65 Margaret Street
London
W1W 8SP
Graham Perkins 0207 478 4305grahamp@leslieperkins.co.uk
Seller's Solicitors
Cubism Law 1 Plough Lane
London
EC4A 1DE
William Simmonds 0207 831 0101william.simmonds@cubismlaw.com

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