1A, 1B & 1C, The Square

Bagshot, GU19 5AX

3,370 sq ft
For Sale
Investment Property / Retail

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Freehold retail/restaurant investment in a prime location in the centre of Bagshot.
Income of £73,500 p.a.x.

Property Type Investment Property / Retail
Tenure For Sale
Size 3,370 sq ft
Price Offers in excess of £1,000,000
Business Rates Further details upon application
Energy Performance Rating Upon enquiry

Key Features

  • Prominent location in the centre of The Square Bagshot
  • Fully let to 3 tenants
  • Income of £73,500 p.a.x
  • Guide price - Offers in excess of £1,000,000 STC
  • Net initial yield of approx. 7%.

Description

The main property (being both 1A and 1B The Square) comprises Roka The Square Restaurant (1A The Square) and Katys Nails (1B The Square). The adjoining attached property (1C The Square) is a retail unit occupied by Bagshot Carpets.

Available area

This investment asset includes 2 adjoining two storey retail/commercial properties in the main square of Bagshot village centre.

Name sq ft sq m Availability
Unit - 1A The Square (Roka Restaurant) 1,850 171.87 Let
Unit - 1B The Square (Katys Nails) 720 66.89 Let
Unit - 1C The Square (Bagshot Carpets) 800 74.32 Let
Building - Total All Units 3,370 313.08 Let

Location

The premises are located at The Square, which is just off the High Street (B3029) in the centre of Bagshot. Road access is excellent with easy access to London Road (A30) and in turn the M3 motorway less than 1 mile distant. Bagshot railway station is within easy walking distance, with Camberley being some 3 miles distant. The properties are within the Bagshot Village Conservation Area and an Area of High Archaeological Potential. The buildings are locally listed structures.

Viewings

Strictly by appointment via sole agents - Hurst Warne.

Tenancies

Please see tenancy schedule for full rent and lease terms.

Terms

Offered For Sale Freehold as a fully income producing investment with a total combined income of £73,500 per annum excl.
Guide Price; Offers in excess of £1,000,000 (one million pounds) which reflects a net initial yield of approx. 7%.