CLASS 'E' INVESTMENT PREMISES FOR SALE
140 to 146 High Street, Godalming is a 1960’s built parade of shops with later
additions and a full make over on the upper floors in the early part of this Century. Now all fully let
with a nail bar, Insurance Brokers, Thai Spa, Hairdressers and Influencers business. The
buildings, both new and old are concrete and steel framed with parking at the rear and lower
ground floors.
Price: OFFERS OVER £900,000 STC
Address: 140 -146 High Street
Town: Godalming
County: Surrey
Postcode: GU7 1AB
Tenure: For sale
Approx. Square Feet: 3500 approx.
Approx. Square Metres: 325 approx.
PROPERTY DETAILS
ACCOMMODATION
Each of the 4 class E units is approximately 885 sq ft.
The Leases
1) 140 High Street: 5 year FRI lease from June 2024rent passing £19,000pax + vat + service
charge (£70 per quarter). Tenant only break after 1st June 2027
2) 142 High Street: Currently on annual licence (outside the Act) at £19000pax+vat from 31st
January 2024 The Licencee is expected to sign a 5 year lease as per no 140 ( he has spent a
fortune on the hairdressers and the studio downstairs for his Social media business)
service charge (£70 per quarter) .
3) 144 High Street: 10 year lease from April 2018 at £18,000pax + vat + service charge (£70 per
quarter) 5 year rent review and tenant only break.(passed)
4) 146 High Street: 12 year FRI lease from September 2016. Rent passing £19,000 pax + vat +
service charge (£70 per quarter) rent review done September 2023.
Flats above, 5 one bed flats and 3 two bed flats sold on long leases.
The Flats: Sold on 125 year leases from 2008, ground rents £2 per flat. Tenant funds stands at
£10,000.
Current income £75,000 pax
Copy leases available on request.
COSTS: Landlord and tenant each pay their own legal costs.
VIEWING STRICTLY BY APPOINTMENT THROUGH SOLE AGENTS
WESTWOOD AND COMPANY ON 01483 429393
Website www.westwoodandco.com
Important Note:
The information given here is for guidance purposes only and believed to be correct however it may be varied or changed. Prospective tenants/purchasers must carry out their own due diligence. All the information set out should not be construed as any form of offer or contract. No structural survey or investigations have been carried out and no services
or appliances tested or inspected. Whilst every care has been taken in the presentation of these particulars intending purchasers should satisfy themselves as to their accuracy. They do no constitute any form of offer or contract. All negotiations should be conducted through WESTWOOD AND COMPANY
WESTWOOD AND COMPANY