2, Sanway Close, WEST BYFLEET, Surrey, KT14 7SP
KT14 7SP · Barnard Marcus · South East
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Freehold listed
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medium confidence, Auction listing
EPC not confirmed
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low confidence, Auction listing enrichment
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About this lot
Freehold mixed-use premises (commercial and residential), Planning permission granted for the erection of three terrace houses, Investment, By order of the Executors
:A freehold mixed-use investment comprising commercial premises with ancillary residential accommodation, benefiting from planning permission for the erection of three terraced houses.Existing Accommodation:The property comprises a ground floor retail shop with ancillary store accommodation together with a self-contained residential flat, providing three bedrooms, a kitchen/dining room, bathroom/WC, hallway andstorage cupboards.Existing Gross Internal Area GIA (Source: Planning plans):Approximately 159.67 sq m (1,719 sq ft), Store extending to approximately 21.33 sq m (230 sq ft),Providing a total approximate internal area of 180.99 sq m (1,949 sq ft)EPC rating: TBCTenancy:The property is let on a full repairing and insuring (FRI) lease dated 9th October 2017 for a term of 15 years from 29th September 2014, expiring on 28th September 2029, at a current rent of £19,995.96 per annum, payable quarterly in advance (although it was being paid monthly - £1666.33). The lease provides for rent reviews on 29th September 2019 and 29th September 2024 which are outstanding. We understand that the tenant is currently in rent arrears of approximately £24,678.99. Prospective purchasers should refer to the legal documentation for full lease details and tenant information.Rent reserved:£19,995.96 per annumPlanning:Planning permission was granted by Woking Borough Council on 10th July 2026 under…
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