Old Church & Rotunda, The Burys Godalming, GU7 1FN

Old Church & Rotunda, The Burys Godalming, GU7 1FN

  • Investment
  • o
  • 9185 Sq ft
  • o
  • For Sale
  • o
  • £1,850,000

Key Points

  • Converted 19th Century Church Building
  • Long Term Lease to The Cotswold Company 
  • Producing £130,000 p.a. 
  • Prominent Location close to Town Centre 
  • 9,185 sq. ft. / 853.32 sq. m

Location

The subject property is located in the heart of Godalming Town Centre, adjacent to Waitrose and within a prominent location on The Burys, close to the junction with Bridge Street, Bridge Road and Flambard Way. To the rear of the property is Godalming Library and surrounding occupiers include Waitrose, Magimix (UK) Headquarters, Waverley Borough Council, Homebase and Pets at Home. 

Description

A beautifully restored Grade II Listed congregational, along with The Rotunda; which was historically designed for use as a school. Part of the Rotunda building is included within the lease to The Cotswold Company (100/100 Experian Credit Rating - Very Low Risk) with the balance sold on a long lease which has been converted into a residential unit. 

Accommodation

The useable floor areas are approximately as follows: 

Old Church 621.06 sq m 6,685 sq ft
Rotunda 232.26 sq m 2,500 sq ft
Total 853.32 sq m 9,185 sq ft

Rotunda 2 has been sold on a long lease for residential use. 

Tenure

Old Church & Rotunda are let on a lease dated February 2019 for a term of 10 years at a passing rent of £130,000 p.a. There is an Open Market Rent Review and Tenant Only Break in Year 5.

Rotunda 2 has been sold on a 999 year long lease dated 11th December 2015.

Price

The Freehold interest is available with a Guide Price of £1,850,000 

Legal Costs

Each party to bear their own legal costs incurred in the transaction

EPC

N/A as Grade II listed

Viewings

Strictly by Appointment with the Sole Agents

 

Alex  Bellion

Alex Bellion
BSc (Hons) MRICS
07971 756068

7 Church Street, Godalming, Surrey, GU7 1EQ

  • Retail
  • 1763 Sq ft
  • To Let/For Sale
  • £22,500 p.a./£395,000

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