Auction House London

Lot 48

Retail Property (high street) - Commercial Property 

Ground Floor

86 High Street, Dorking, Surrey, RH4 1AY

£95,000+

Guide Price (plus fees)

A Commercial Investment Producing £16,000 per annum

Description

The property comprises a ground floor shop situated within a terrace building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 999 year lease from 23rd December 2020 (thus approximately 998 years unexpired).

Location

The property is situated on a busy commercial road. Nearby multiples include Sainsbury's, Starbucks and NatWest. The open spaces of Cotmandene are within easy reach. Transport links are provided by Dorking West rail station.

Accommodation

Ground Floor
Lock up Shop

Tenancy

The shop is let on a 15 year FRI lease from 1st October 2020 to an individual at a rent of £16,000 per annum with rent reviews every five years. The tenant has paid a £4,000 + Vat deposit.

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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Open Shop
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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