About this property
Rare opportunity to acquire a town centre retail investment with vacant upper parts.
The premises are located within the centre of Dorking on the southern side of the High Street. Dorking benefits from good road and rail connections with Junction 9 of the M25 located just 6 miles to the north and the two Dorking train stations are just 0.6 miles to the north, and provide regular services to Croydon and London station via Redhill.
Dorking is a prosperous, affluent town with a large number of restaurants, bars, pubs and shops including a good mix of national and independent retailers.
Description & Accommodation
The property comprises an attractive Grade II listed, three storey building in the centre of Dorking.
The ground floor retail unit is currently let to an individual trading as Blacks II Jewellers with an attractive, recessed entrance way/ shop front.
The first and second floors are accessed from the rear of the property and provide attractive office accommodation with an internal staircase.
The area immediately to the rear of the subject premises provides space to park circa four vehicles.
The premises have the following net internal floor area:
Ground Floor (from VOA) 1,060 sq.ft 98.48 sq.m
First Floor 801 sq.ft 74.42 sq.m
Second Floor 587 sq.ft 54.53 sq.m Total 2,448 sq.ft 227.43 sq.m
Outside 4 onsite parking spaces
Both the ground floor retail unit and part of the first floor are let on a new 5 year leases at a combined passing rent of £22,000 per annum exclusive. The leases are held outside the 1954 Act and are subject to mutual break options on 6 month notice. The first and second floor offices are currently vacant
The freehold interest is available to purchase for £450,000 and is subject to the existing leases in relation to the ground floor and part of the first floor.
Subject to Contract
VAT - We understand that VAT is not applicable to the purchase
Costs - Each party is to pay their own fees in relation to the purchase
EPC Rating - D93
The Valuation Office Agency describes the premises as ''Office and Premises' with a 2017 rateable value of £27,000 the current UBR is 49.9 pence in the £.
Strictly by appointment with White and Sons
104 High Street Dorking Surrey RH4 1AZ
Very good estate agent. Efficient and kept us informed throughout the process to a successful sale in these difficult and uncertain economic times."
You are a lovely team of human beings and professionals. I've found White & Sons a pleasure to work with from start to finish""
Ms S Keith-Roach
I just wanted to say a huge thank you to you and your entire team. You have continually kept me advised as to viewings and worked tirelessly on my behalf. The result a purchase offer I never imagined."
You've been wonderful. To be honest, one of the best estate agents we have dealt with (and we have dealt with many!)""
It was a pleasure to deal with Whites again - I have now bought and sold through you and often recommend your services""