123 Farnborough Road Farnham Surrey GU9 9AW

  • 123 Farnborough Road<br>Farnham<br>Surrey<br>GU9 9AW

123 Farnborough Road
Farnham
Surrey
GU9 9AW

Freehold Retail Investment with Development Potential

  • Let to Home Decor GB Limited until 2026
  • Detached two storey showroom/office with separate workshop building
  • Prior Approval Granted for Residential Conversion
  • Further Residential development potential of Car Park (Subject to Consents)
  • Site Area of Approx. 0.17 Acres
  • Affluent Surrey Location
  • Lot
    22
  • Auction
    9th May 2024
  • Rent
    £45,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold Retail Investment with Development Potential

  • Let to Home Decor GB Limited until 2026
  • Detached two storey showroom/office with separate workshop building
  • Prior Approval Granted for Residential Conversion
  • Further Residential development potential of Car Park (Subject to Consents)
  • Site Area of Approx. 0.17 Acres
  • Affluent Surrey Location
  • Lot 22
  • Auction 9th May 2024
  • Rent £45,000 per Annum Exclusive
  • Status Available
  • Guide* Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
34 miles south west of Central London, 9 miles west of Guildford
Roads
A31, A3, M3
Rail
Farnham Train Station, Aldershot Train Station
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is located in the affluent and historic market town of Farnham, approximately 34 miles south west of Central London. Farnham is popular with commuters as well as a shopping destination with good transport links to London and the south east. The property is situated on the western side of Farnborough Road (A325); a predominantly residential location.

Tenure

Freehold.

Location
Miles
34 miles south west of Central London, 9 miles west of Guildford
Roads
A31, A3, M3
Rail
Farnham Train Station, Aldershot Train Station
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is located in the affluent and historic market town of Farnham, approximately 34 miles south west of Central London. Farnham is popular with commuters as well as a shopping destination with good transport links to London and the south east. The property is situated on the western side of Farnborough Road (A325); a predominantly residential location.

Tenure

Freehold.

Description

The property comprises a ground floor showroom with office and ancillary accommodation on the first floor. There is also a single storey storage and workshop building to the rear with substantial on-site parking on a site area of approximately 0.17 acres.

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 showroom with office and ancillary accommodation on the first floor. There is also a single storey storage and workshop building to the rear with substantial on-site parking on a site area of approximately 0.17 acres.

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 sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x.
Ground
First
Ground
Showroom
Office
Workshop
92.40
84.50
55.00
(944)
(909)
(592)
HOME DECOR GB LIMITED (crn05268170)
t/a Spaceslide
(1)
10 years from 16/05/2016
(2)
£45,000
Total Approximate Floor Area  
231.90
(2,496)
(3)
   
£45,000

(1) Home Decor is one of Europe’s leading suppliers of contemporary bedroom furniture, supplying products into DIY, construction, new-build and online markets(www.hdhc.com). For the year ending 31/12/2022 Home Decor GB Ltd reported a Turnover of £26,458,459, a Pre-Tax Profit of negative £2,559,934 and a Net Worth of negative £3,710,323 (NorthRow 18/04/2024).
(2) The lease is outside of the security of tenure provisions of the Landlord and Tenant Act 1954.
(3) The floor areas stated above are Gross Internal Areas.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    08.05.24
    File Size
    25 MB
    Login to View
  • Brochure
    Updated Date
    10.05.24
    File Size
    5 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 020 8971 9520f.hussain@blackstonesolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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