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208 High St 880 SF 100% Leased Retail Building Dorking RH4 1QR $924,909 CAD ($1,051.03 CAD/SF)
Investment Highlights
- Retail Tenant on a new 21-year lease from June 2024 at £20,000pa.
- Total income of £34,160pa.
- Desirable location with retail vacancy rates within Dorking around 10% - 11% - well below the national average.
- Two-bedroom duplex apartment above let on an AST at £14,160pa.
- Business in situ operating for a number of years, having had a recent change in management.
Executive Summary
Set directly above and separately from the retail unit is a two-bedroom apartment set over both the first and second floors. This is currently occupied under and AST agreement and falls within the Homes Act 2018.
The town of Dorking is situated within the home counties, occupying a sought-after area within the Surrey Hills area of outstanding beauty.
Being a fifteen-minute drive from the M25 ring-road around London, fifteen minutes away from Reigate due East, as well as a short twenty-minute drive West towards Guildford.
Public transport connections include three national railway stations into the capital and on to the South Coast, as well as bus connections along the High Street to nearby towns.
Strictly by appointment only with Owen Isherwood as the Sole Agent.
C(62) - Retail Unit
C(69) - Apartment
Retail unit is let on a 21-year lease from June 2024 at £20,000pa.
Apartment above currently occupied under on an AST agreement and falls within the Homes Act 2018 at £14,160pa.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- -
- 871 SF
- -
- -
Notre succursale de Victoria Établie en 1992. Il offre un service complet de nettoyage à sec, de blanchisserie, de ramassage et de modification. Nous proposons même de récupérer et de retourner des articles à Victoria sur demande. Knights Drycleaners est le fournisseur révolutionnaire de nettoyage à sec pour l'an 2000 et au-delà... notre principale ambition était d'être l'un des principaux points de vente de nettoyage à sec et d'offrir un service haut de gamme à notre client exclusif, ce que nous avons pu obtenir sur une courte période de fidélité et de rétroaction pour vous période de temps.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
- | 871 SF | - | - |
Nearby Major Retailers
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Owen Isherwood Ltd
Presented by
208 High St
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