2 Church Street

Cobham, KT11 3EG

2,203 sq ft
For Sale
Investment Property / Offices / Retail

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REDUCED PRICE - Prime Freehold Retail Investment For Sale

Property Type Investment Property / Offices / Retail
Tenure For Sale
Size 2,203 sq ft
Price Offers in excess of £1,100,000.00
Business Rates Upon Enquiry
Service Charge n/a
Estate Charge n/a
Energy Performance Rating Upon enquiry

Key Features

  • Combined Annual Rent of £99,333 pax
  • Prominent corner location of Cobham High Street
  • Long term potential residential development (STP)
  • Asking price £1,100,000 (One million, one hundred thousand pounds) reflects an attractive net initial yield of 8.53% after allowance for purchaser costs
  • The property is situated on busy Cobham High Street and there may be long term development potential to alternative roadside retail uses or residential (STP)


2 Church Street is a building located on the corner of Church Street and Cobham High Street. The property comprises John D Wood (2 Church Street), One + Health (44 High Street) and Nail Spa Cobham (44A High Street).

The building itself comprises a self-contained retail unit on the ground floor, benefitting from return frontage, high-quality offices on 1st floor, and then a retail unit on the right of the property.

The property benefits from parking spaces at the rear.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Unit - 2 Church Street 733 68.10 Sold
Unit - 44 High Street 1,106 102.75 Sold
Unit - 44A High Street 364 33.82 Sold
Total 2,203 204.67


2 Church Street is located at the end of Cobham High Street approximately 2 miles from Junction 10 of the M25 motorway. Cobham itself is an attractive town offering numerous retailing and shopping amenities for staff.

Cobham and Stoke D'abernon mainline station is approximately 1 mile distant and provides a frequent direct service to London Waterloo.

Tenant Profiles

2 Church Street (Ground Floor retail) - Let to Countrywide Estate Agents Ltd T/A John D Wood (Part of Connells Group). The current lease expired 23/09/23 at a passing rent of £48,000 pax with the tenants holding over. A new 5-year lease is being put in place at the same rent.

44A High Street (Ground Floor retail) – Let to Ai Thanh Tran T/A Cobham Nail Spa for a term expiring 19/06/2038 at a rent of £28,000 pax. The lease contains break clauses at 5 & 10 years.

44 High Street (First Floor dentists) – Let to One+ Health Ltd for a term expiring 22/05/2028 and has a rent review and break clause on the 22/05/23. The rent rises from £20,000 pax in Y1 to £25,000 pax in years 2 and 3 = average £23,333 over the first 3 years.

Total annual rent roll = £99,333 pax.


Available for sale freehold at a guide price of offers in the region of £1,300,000 (One million, three hundred thousand pounds) subject to contract.