Commercial Development for sale: 1 Long Garden Walk, Farnham, Surrey, GU9


  • reception rooms 14
  • bathrooms 6
Reference: 35561_20478351

Key Features

  • Planning Passed To Convert to 6 Dwellings
  • Income Producing Offices
  • Convenient Town Centre Location
  • On Site Parking
  • Toilet and Kitchen Facilities
  • Carpeted, Heated and Lit
  • Freehold Site
  • EPC: E 109
  • Total 389.20 SQ M (4,189 SQ FT)

Summary

* Income Producing Offices * Planning Passed To Convert to 6 Dwellings * Convenient Town Centre Location * On Site Parking * Toilet and Kitchen Facilities * Carpeted, Heated and Lit * Freehold Site * EPC: E 109 * Total 389.20 SQ M (4,189 SQ FT)Comprising a two-storey attached office building the premises are currently fully let on flexible leases and income producing with a range of tenants totaling just over £80,000 per annum gross. There is the opportunity to maintain the building as an investment although the property has Planning Passed To Convert to 6 DwellingsLocated just off Castle Street, in the centre of Farnham renowned for its Georgian architecture and street Scenes the property is close to Waitrose Supermarket and Lion and Lamb Yard shopping precinct. From Farnham there is easy access to the A31 by-pass which connects with the A331 and A3 with the motorway network beyond. The mainline station is within a short w...

Description

* Income Producing Offices * Planning Passed To Convert to 6 Dwellings * Convenient Town Centre Location * On Site Parking * Toilet and Kitchen Facilities * Carpeted, Heated and Lit * Freehold Site * EPC: E 109 * Total 389.20 SQ M (4,189 SQ FT)

Comprising a two-storey attached office building the premises are currently fully let on flexible leases and income producing with a range of tenants totaling just over £80,000 per annum gross. There is the opportunity to maintain the building as an investment although the property has Planning Passed To Convert to 6 Dwellings

Located just off Castle Street, in the centre of Farnham renowned for its Georgian architecture and street Scenes the property is close to Waitrose Supermarket and Lion and Lamb Yard shopping precinct. From Farnham there is easy access to the A31 by-pass which connects with the A331 and A3 with the motorway network beyond. The mainline station is within a short walk providing a fast and regular service to London Waterloo.

The property is of traditional construction with brick and shiplap elevations under a pitched tiled roof. The gross internal floor areas comprise: First Floor 195.40 SQ M (2,103 SQ FT) Ground Floor 193.80 SQ M (2,086 SQ FT) Total 389.20 SQ M (4,189 SQ FT) The property is not elected for VAT.

RATES: Each office is currently rated allowing individual occupiers to take advantage of exemption under the Small Business Rate regime.

TENANCY SCHEDULE - All the suites are occupied on effective annual rolling tenancies to local covenants, outside the Act.

Currently fully let and occupied. 1 Learnify £13,920.72 per annum 2-4 ReformPilates Studio £16,000.00 per annum 5 Falcon RJ £6,075.00 per annum 6 Hometown £6,500.00 per annum 7 Ruby Mane £11,596.56 per annum 8 Hometown £10,800.00 per annum 8A Corriamo Ltd (One Track) £3,634 per annum Rent to be paid after six months 8B Corriamo Ltd (One Track) £5,590.00 per annum 9 Idency £6,714.00 per annum

Current Planning Application PRA/2021/01064 - Valid From 21/04/2021 - Passed: General Permitted Development Order 2015 Schedule 2 Part 3 Class  - Prior Notification Application For Change Of Use From Offices (Class B1(A)) To 6 Dwellinghouses (Class C3).

VIEWING: By Appointment through joint sole agents Keats Fearn (01252 718018) & Park Steele (01252 717979)



Sat Nav - GU9 7HX



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Reference: 35561_20478351

Contact Agent

Farnham
Tel: 01252 718018