5 The Parade is located in the Guildford suburb of Stoughton to the north of the town centre. It is situated in a primarily residential area close to the Queen Elizabeth Housing development. There is close access to both Worplesdon Road A322 and Woking Road A320.
This property is a two-storey, end of terrace, mixed-use building. It comprises a ground floor A2 use shop and a first floor two-bedroom flat. It is a brick construction with full height glazed shop frontage at the ground floor level and hanging tile above. The property has a shared rear access to the flat via an external staircase. There are also two on-site parking spaces associated with this freehold.
The accommodation is approximately:
| Ground Floor | ||
| Office | 79.43 sq. m. | 855 sq. ft. |
| First Floor | ||
| Flat | 48.56 sq. m. | 523 sq. ft. |
| Total | 128 sq. m. | 1,378 sq. ft. |
The Freehold of the property is available.
£395,000 for the Freehold interest. (no VAT)
£24,140 p.a.
Rating: C - 65
Shop:
Rateable value: £8,600
Rates Payable: £4,007.60 (2018/2019)
Flat: Council Tax Band C
Both parties to bear their own legal costs incurred in the transaction.
The ground floor shop is let on a 10 year lease from August 2019 at a stepped rent up to £11,000 p.a. The flat is currently let on an AST from 1st September 2018 producing £13,140 p.a. for a 1 year term.
Strictly by appointment with the sole agents
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01483 300 176
