For Sale By Auction | 09:30, 31 July 2024 | Lot 86

16 Farnham Business Centre, Dogflud Way, Farnham, Surrey, GU9 7UP

Sold £81,000

  • Industrial Park
  • Tenure: Leasehold. The property is held on a 99 year lease from 15th April 1996 (thus approximately 70 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 31/07/2024

Auction Time

09:30

Auction Venue

Live Stream

A Semi Detached Industrial Unit Subject to a Lease Producing £12,000 Per Annum

The property comprises a semi detached industrial unit arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 15th April 1996 (thus approximately 70 years unexpired).

Location

The property is situated on an industrial site close to local shops and amenities. The open spaces of Farnham Park are within easy reach. Transport links are provided by Farnham rail station.

Accommodation

Ground Floor Industrial Unit First Floor Ancillary Space

Exterior

The property benefits from off street parking.

Tenancy

The property is subject to a lease for a term of 5 years commencing 25th December 2020 at a rent of £12,000 per annum. We understand from the vendor there are recent comparables for similar units which have let for £18 per sq ft. This would reflect an estiamated rental value for this property of £23,634 per annum. Buyers should rely on their own enquiries.

Approximate G.I.A: 1,313 sq ft (121 sq m)

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.