29 High Street
GU15 3RE

Prominent Freehold Bank Investment

  • Let to HSBC Bank Plc
  • Tenant break option in 2016 not exercised
  • Directly opposite entrance to The Mall Shopping Centre
  • Nearby retailers include McDonald's, WHSmith, Waterstones, Costa Coffee, TK Maxx and Wilko
  • Future potential to convert upper parts to residential (subject to lease and consents)
  • VAT-free investment
  • Popular Surrey commuter town
  • Lot
  • Auction
  • Rent
    £50,000 per Annum Exclusive
  • Status
    Contact Us
  • Price*
  • Sector
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • 29 High Street<br>Camberley<br>Surrey<br>GU15 3RE
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  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

15 miles south-east of Reading
30 miles south-west of London
A331, M3
London Heathrow

Camberley is a well established office and retail centre, situated on the western edge of Surrey, some 15 miles south-east of Reading and 30 miles south-west of London. The town benefits from excellent transport communications, being just three miles north of Junction 4 of the M3, as well as regular rail services to London Waterloo. The property is very well located in a prominent corner position on the east side of High Street, opposite the entrance to the The Mall Camberley Shopping Centre. Nearby retailers include McDonald's, WHSmith, Waterstones, Costa Coffee, TK Maxx and Wilko.




The property is arranged on ground and two upper floors. The ground floor provides a banking hall, with office accommodation on the first floor and a staff room on the second floor. The property benefits from a small yard to the rear accessed via Bissingen Way which provides parking for two cars.


VAT is not applicable to this lot.


Available from the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x.
Banking Hall
160.81 sq m
79.03 sq m
18.50 sq m
(1,731 sq ft)
(851 sq ft)
(199 sq ft)
PLC (1)
15 years from
02/08/2006 until
01/08/2021 on a full
repairing and insuring
lease (2)
258.34 sq m
(2,781 sq ft)

(1) For the year ending 31st December 2018, HSBC Bank Plc reported a turnover of £5,407,000,000, pre-tax profits of £1,974,000,000 and a total net worth of £24,252,000,000 (source: Experian Group 14/02/2020).
(2) The lease is full repairing and insuring, subject to a schedule of condition. At the end of the lease, the tenant has an option to take a new 15 year lease on the same terms, with a rent review on the second day of the term.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    File Size
    7 MB
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  • Catalogue Page
    Updated Date
    File Size
    934 KB
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  • Site Plan
    Updated Date
    File Size
    936 KB
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  • Common Auction conditions
    Updated Date
    File Size
    150 KB
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  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
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  • Money Laundering Regs
    Updated Date
    File Size
    694 KB
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  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Child and Child Nova North , 11 Bressenden Place
Shinead Wilson 0207 201 1898Shineadwilson@childandchild.co.uk

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