RETAIL & RESIDENTIAL BUILDING FOR SALE, FARNBOROUGH

• Located in North Camp Village
• 2 Retail Units – Self-Contained First Floor Flat
• Excellent Potential to Extend and Redevelop the Rear of the Site
• Vacant Possession
• Large Rear Car Park
• A Rare Freehold Opportunity

LOCATION
The premises are located on Lynchford Road which is the main thoroughfare into North Camp Village… The main shopping centre for the village of North Camp is Camp Road just round the corner where retailers within the local area include Co-op, RSPCA, Debra, Budgens, Coral, Parity for the Disabled, and a good range of small retailers and café/restaurants.
Farnborough is well known for it’s Main Line Station to London/Waterloo, Airport and the excellent vehicle access to the A331 Blackwater Relief Road connecting to the M3 Junction 4 and 4a, A31 to Farnham and Guildford and beyond to the A3.

ACCOMMODATION
Approximate floor areas within the ground floor as follows:-
Shops 554 ft2 ( 51.46 m2)
Store Rooms 750 ft² ( 69.72 m²)
Total Built Area 1,304 ft² (121.16 m²)
Plus a large 2/3 self-contained first floor flat.

DESCRIPTION
A two storey Victorian era terrace double shop (two shops knocked through) with extensive storage and a large 2/3 bedroom first floor self-contained flat and a large rear private car park extending to around 1,900 ft². The premises will benefit from some refurbishment.

RATEABLE VALUE
A rateable value of £13,750 which will allow some rates relief which according to the small business rates relief chart will give a rates payable of £4002.37, on the basis that the property will be your only business premises.

FOR SALE
The freehold interest of the premises are For Sale “Offers in the Region of £500,000” with vacant possession.

VAT
We understand from our clients that they did not pay VAT on the purchase, so it is very unlikely that VAT will be chargeable, albeit this will be confirmed by our client’s solicitor.

LEGAL COSTS
Each party to pay their own legal costs in the matter.

ENERGY PERFORMANCE CERTIFICATE
C-54