High Street, Dorking, Surrey, RH4

High Street

investment for sale

  • Reference Number rps_was-DOR200394
  • Agent White & Sons Commercial Property
  • Agent Number 01306 743344

Guide price £450,000

About this property

Rare opportunity to acquire a town centre retail investment with vacant upper parts.

Location
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

Tenancies
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

Terms
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

Business Rates
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 £.

Viewings
Strictly by appointment with White and Sons

Key Features

High Street, Dorking, Surrey, RH4
  • Rare opportunity to acquire a town centre retail investment with vacant upper parts
  • Excellent town centre location
  • Ground floor retail unit let at £22,000 per annum
  • 4 parking spaces to the rear
  • Vacant first and second office space with net internal area of 1,388 sq.ft (129 sq.m)
  • Freehold interest available for £450,000

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Floorplan

Floorplan

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Address

104 High Street Dorking Surrey RH4 1AZ

Telephone

01306 743344

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