31 Chertsey Road, Woking, GU21 5AJ

  • Retail
  • 2,581 sq ft
  • For Sale
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Property Type Retail
Tenure For Sale
Size 2,581 sq ft
Price Offers in the region of £395,000
Business Rates Interested parties are advised to make their own enquiries with the local authority.
Service Charge TBC
Energy Performance Rating This property has been graded as C (55)

Freehold Investment
Ground Floor retail unit with ancillary offices on the 1st and 2nd floors

Key Features

  • A3 and A5 Use
  • Accommodation split over ground, 1st and 2nd floors
  • Prominent position on retail parade
  • Air Conditioning and WCs
  • Lease to KFC
  • Possible future residential redevelopment opportunities subject to planning

Description

The property is located on a prominent position on the retail parade and is occupied by KFC who have been trading from the property for many years with the current lease expiring in July 2027.

The property is one half of the KFC restaurant and consists of the restaurant's seating area with all cooking facilities located in the other half outside of the properties demise. The offices were recently refurbished to provide Grade A specification with LED lighting, suspended ceilings and Air Conditioning.

Available area

The accommodation comprises the following areas on a Net Internal Area basis:

Name sq ft sq m
Ground 1,195 111.02
1st 976 90.67
2nd 410 38.09
Total 2,581 239.78

Location

The property is situated in an established trading area in Woking Town Centre. Retailers nearby include McDonalds, Nando's, Slug & Lettuce, Subway and others.

Woking mainline station is located at the end of the Chertsey Road and is a 300 meter walk away from the property. There are a number of pay and display car parks within Woking Town Centre meaning the property is easily accessible and benefits from strong levels of footfall.

Terms

Seeking offers in the region of £395,000.

Lease to KFC currently expires in July 2027 at a passing rent of £30,000 per annum contracted inside the 1954 Act.