https://www.thelandsite.co.uk/files/properties/5f16f2634f2e11eaba390afeec538f48/1105-664576cd08331377316364196616-9ae4e6b7ea3e9ba0e22e69fdaf6ccde3-20230808-101824.jpg

Retail for sale in Woking

10 Creswell Corner, Anchor Hill, Woking, Surrey, GU21 2JD
For sale
£210,000
curchod-co
This property is marketed by:
Curchod & Co
Description

The property lies on the corner of the parade along Anchor Hill. The long leasehold of 999 years is from 25th December 1988, and includes the convenience store retailer with the existing lease running until 20th October 2028, paying £15,730 per annum, rent review October 2025, inside the LTA 1954 with no breaks.

The sale is of the long leasehold interest only for purely investment purposes, it does not include the convenience store business. Any purchasers will not have the right to occupy the property for their own use. The lease has security of tenure.

The current ground rent for the long leasehold interest is £50 per annum.

Location

The property is located within a prominent local parade of Creswell Corner along Anchor Hill which adjoins Knaphill High Street, and circa 3 miles from Woking town centre.

Key Points
  • Tenanted ground floor retail until October 2028
  • Good reversionary yield
  • Rental income £15,730 p.a.
  • 999 year long leasehold from 25th December 1988
Viewings

Strictly by appointment with the sole agents Curchod & Co.

Terms

Sale of the long leasehold interest with offers in the region of £210,000.

Legal Costs/VAT

Each party to be responsible for the payment of their own legal costs incurred in the sale.

Prices are quoted exclusive of VAT which may be charged.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.