4,503 sq ft
Development (Land & Buildings) / Investment Property
|Property Type||Development (Land & Buildings) / Investment Property|
|Size||4,503 sq ft|
|Price||Price on application|
|Business Rates||£3.18 per sq ft|
|Energy Performance Rating||Upon enquiry|
The property is centrally located within Church Street, a quaint cobbled street which intersects the High Street towards the western end. Godalming is an affluent Surrey market town which lies approximately 5 miles southwest of neighbouring Guildford and benefits from excellent transport links via the A3 (London to Portsmouth trunk road) and regular mainline rail services to London Waterloo (40 mins approx.).
The accommodation comprises of the following
|Name||Sq ft||Sq m|
The existing property comprises an imposing, primarily two-storey building, formerly a public house until c1956 but has been occupied since in its entirety as a DIY store. The older two-storey section at the front has been extended at the rear by way of a single-storey section protruding back towards the rear boundary. There is also an area of hard-standing adjacent to the rear extension, which provides off-street parking and loading access.
To be arranged strictly via the sole selling agent, Hurst Warne.
Seeking offers in excess of £800,000 (plus VAT if applicable) for the freehold interest on a subject to contract basis only.
The freehold is subject to an existing lease over the entirety of the property dated 23rd March 2011 between Christopher & Suzanne Goulding and John & Janet Taylor. The salient terms of which are as follows;
Term: 10yrs from 31st January 2011 (now holding over under the l&t Act 1954
pending any formal notices).
Annual Rent: £21,104 (the rent does not represent a market rent due to previously related parties).
Permitted Use: As a retail shop or any use or uses that fall within Class A1 of the Use Classes Order 1987.
Tenant: John Frederick Taylor and Janet May Taylor t/a ‘Cornmeter’.
It should be noted that the existing tenant has indicated an interest in entering into a new tenancy or purchase of the proposed, reconfigured retail unit (as per the planning consent).
We understand the current planning use to be Class ‘E’ under the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020 which came into effect 1st September 2020.
The property has the benefit of planning consent ref: WA/2019/0939, granted 24th February 2021, for the extension and alterations to part of the building to provide four flats (1 x 2bed & 3 x 1bed) with associated parking and retaining a element of commercial space at ground floor (Class ‘E’).
Floor plans and other planning documents will be made available upon request.
We are in receipt of written confirmation from Waverley Borough Council that confirms the development is not liable to a CIL charge.