5 The Parade, Burden Way, Guildford, Surrey GU2 9PB

5 The Parade, Burden Way, Guildford, Surrey GU2 9PB

  • Investment
  • o
  • 1378 Sq ft
  • o
  • For Sale
  • o
  • £395,000 for the Freehold

Key points

  • Mixed Use Freehold Property
  • Ground Floor Office and Two Bedroom Flat
  • 128 sq. m. / 1,378 sq. ft.
  • 2 On-Site Car Parking Spaces

Location

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.

Description

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.

Accommodation

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.

Tenure

The Freehold of the property is available.

Price

£395,000 for the Freehold interest. (no VAT)

Income

£24,140 p.a.

EPC

Rating: C - 65

Rates

Shop:

Rateable value: £8,600

Rates Payable: £4,007.60 (2018/2019)

Flat: Council Tax Band C

Legal Costs

Both parties to bear their own legal costs incurred in the transaction.

Tenancies

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.

Viewing

Strictly by appointment with the sole agents 

 

 

George  Musgrave

George Musgrave
BA (Hons) MSc
07841 372888

Sean Bellion

Sean Bellion
BA
01483 450 115

37 Chertsey Road, Woking, Surrey, GU21 5AJ

  • Investment
  • 2000 Sq ft
  • For Sale
  • £1,200,000
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