Retail premises for sale in Station Approach, Woking GU22

Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

Exceptional Investment Opportunity - Portfolio of 9 Apartments in Block A, Centrium, Station Approach, Woking, Surrey, GU22 7PB

We are pleased to offer to auction this prime portfolio of 9 apartments within the prestigious Block A of the Centrium development, located in the heart of Woking. Comprising 8 one-bedroom apartments and 1 two-bedroom apartment, this portfolio has already achieved an impressive rental turnover of over 96,000 by August 2024, making it an outstanding investment prospect.

With proven rental success and immediate income generation, this portfolio represents a solid opportunity for investors looking to capitalize on the strong demand for rental properties in Woking.

All apartments are finished to a high standard, featuring floor-to-ceiling windows, high-quality fixtures, and a modern, stylish design.

Block A offers a 24-hour concierge service, and beautifully maintained communal gardens, enhancing the lifestyle appeal for tenants.

This portfolio offers an exceptional opportunity to invest in a high-demand location with proven rental returns. Woking's continued development and regeneration make it a prime location for property investment, and the Centrium development, with its combination of modern amenities, secure living, and unbeatable location, is particularly attractive to tenants. The apartments' strong rental history and high yield potential make this portfolio an excellent addition to any property investor's portfolio.

For further details or to arrange a viewing, please contact us today.

Please note we have not inspected these property.

Location

Woking is a thriving commuter hub, with direct train services to London Waterloo in under 30 minutes. The station is just a short walk from the Centrium development, making these apartments particularly attractive to commuters. Woking has seen significant regeneration in recent years, including a newly developed town centre with shops, restaurants, and entertainment options, increasing its appeal to tenants and ensuring strong future demand for rental properties. Residents of Centrium enjoy easy access to a variety of local amenities, including high street shops, cafes, and leisure facilities, as well as green spaces like Woking Park.

Accommodation

The property features 8x 1 bedroom, 1 bathroom apartments and offers contemporary open-plan living spaces, fully equipped kitchens, spacious bedrooms, and sleek modern bathrooms. These units are highly desirable for young professionals and couples.

The 2 bedroom, 1 bathroom apartment compromises a generously sized apartment with a large living area, modern kitchen, and ample storage, appealing to small families or those needing extra space.

A rare and valuable feature in central Woking.

Tenure

5x leasehold titles. Title numbers SY864479, SY866538, SY866112, SY866071 & SY763323.

Council Tax

7a: Band B
7b: Band B
8a: Band C
8b: Band B
9a: Band C
10: Band C
10b: Band C
11a: Band C
11b: Band D

EPC

7b: Rating C
7b: Rating D
8a: Rating D
8b: Rating D
9a: Rating D
10a: Rating D
10b: Rating C
11a: Rating D
11b: Rating C

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.