7 High Street Camberley Surrey GU15 3QU

  • 7 High Street<br>Camberley<br>Surrey<br>GU15 3QU

7 High Street
Camberley
Surrey
GU15 3QU

Freehold Retail and Residential Investment

  • Prominent High Street location
  • Nearby occupiers include Dreams Beds, KFC and Halifax Bank
  • Affluent Surrey town
  • Additional income from car parking spaces at rear
  • Lot
    54
  • Auction
    18th October 2011
  • Rent
    £39,300 per Annum Exclusive
  • Status
    Sold
  • Price
    £350,000
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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Freehold Retail and Residential Investment

  • Prominent High Street location
  • Nearby occupiers include Dreams Beds, KFC and Halifax Bank
  • Affluent Surrey town
  • Additional income from car parking spaces at rear
  • Lot 54
  • Auction 18th October 2011
  • Rent £39,300 per Annum Exclusive
  • Status Sold
  • Price £350,000
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
1 mile from M3, 10 miles from the M25, 29 miles from Central London
Roads
M3, M25
Rail
Camberley Rail Station, 300 metres
Air
London Gatwick, London Heathrow
Situation

The property is situated on the High Street, in an established retail area. Nearby occupiers include McDonald's, Santander, W H Smith and KFC. The Mall Camberley Shopping Centre is located approximately 100 metres from the property with occupiers including Waterstones, Burger King and HMV.

Tenure

Freehold.

Location
Miles
1 mile from M3, 10 miles from the M25, 29 miles from Central London
Roads
M3, M25
Rail
Camberley Rail Station, 300 metres
Air
London Gatwick, London Heathrow
Situation

The property is situated on the High Street, in an established retail area. Nearby occupiers include McDonald's, Santander, W H Smith and KFC. The Mall Camberley Shopping Centre is located approximately 100 metres from the property with occupiers including Waterstones, Burger King and HMV.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with a one bedroom flat and a two storey masionette above, together with 8 parking spaces to the rear.

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 ground floor retail unit with a one bedroom flat and a two storey masionette above, together with 8 parking spaces to the rear.

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 Shop
x 3 car parking spaces
52.74 sq m
568 sq ft
SAXON INVESTMENTS
LIMITED (t/a Martin & Co) (1)
10 years from
26/03/2010
£18,000 26/03/2015 (2)
Flat 1 Residential
x 1 car parking space
37.47 sq m
403 sq ft
PETER KNOTT (3) 6 month AST from
09/04/2011
£8,100
Flat 2 Residential
x 1 car parking space
60.98 sq m
656 sq ft
BRUCE CHESSER AND
JOANNE KIERNAN (4)
12 month AST
from 02/04/2011 (5)
£8,400
Rear
Area
3 car parking spaces
held under licence
COUNTRYWIDE ESTATE
AGENTS
From month to
month
£4,800
+ VAT (6)
Totals

151.19 sq m

(1,627 sq ft)
£39,300 (7)

(1) The lease is personally guaranteed by Giles Mugford and Emilie Mugford and also by Anderson Surveys Limited under an Authorised Guarantee Agreement. There is also a Rent Deposit of £10,800.
(2) The lease provides for an option to determine on the 26th March 2015 subject to 6 months' prior notice being given.
(3) There is a rent deposit of £1,013.
(4) There is a rent deposit of £1,050.
(5) There is a mutual option to determine on 60 days prior notice.
(6) The licence can be determined by either party giving to the other not less than one calendar month's previous notice in writing.
(7) The rent is displayed as an annualised sum.

Contacts

Acuitus
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Seller's Solicitors
Goodman Derrick LLP 10 St Brides
London
EC4A 4AD
Greg Hamlen 0207 421 7911ghamlen@gdlaw.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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