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Property details
Map & nearby

Retail premises for sale in 3 School Hill, Wrecclesham, Farnham

Investment

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Retail premises for sale

1,673 sq. ft*

Property description

Key Points

Let to Alliance Property Holdings Ltd (Part of the Morrisons Group) Trading as Morrisons Daily

Fri Lease, inside the act expiring April 2034 with tenant only breaks in April 2027 & 2031

£12,700 per annum exclusive

Separate first floor, three bedroom apartment

5th year rent review, cap & collared at 2% and 4% and compounded annually

Offers invited in excess of £350,000

Description

3 School Hill consists of a retail unit let to Alliance Property Holdings ltd (Part of the Morrisons Group), trading as Morrisons Daily. Prominently located, with parking available off and on road immediately adjacent the unit. The premises have been operated as a convenience store for well over 50 years. The shop consists of a main sales area with storage, a managers office and staff welfare facilities at the rear.

The first floor apartment which is over 900 sq ft, is accessed separately from the shop. It benefits from a very spacious living room, 3 bedrooms, with a WC off the main bedroom, kitchen and bathroom. Street parking is nearby.

Location

The subject premises are located 1.5 miles west of central Farnham. Situated less than 50m from the roundabout that connects School Hill with the A325, which in turn conveniently links to the A31.

Viewings

Viewings on an appointment only basis via the sole selling agent Hurst Warne.

VAT

The property is not elected for VAT.

Service Charges

There is a service charge in place, further information is available through the selling agent.

Property info

Brochure

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hurst Warne & Partners, and do not constitute property particulars. Please contact Hurst Warne & Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.