Property photos
Freehold
Non quoting
Retail premises for sale
1 The Broadway, Woking GU218,930 sq. ft
Local area information
Property location
Nearby amenities
- Woking 0.1 miles
- The Park School (SEN) 0.3 miles
- Maybury Primary School 0.4 miles
- Worplesdon 2.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Woking to find out more about the local area.
Features and description
- Freehold
- Town Centre Retail Investment
Description
The property is a mixed-use building with a retail unit on the ground floor, and offices above on the upper four floors.
The offices have a separate entrance at 1 Chertsey Road. The ground floor retail unit which also has a basement used as storage address is 1 The Broadway.
An O.S plan is attached with the building edged in black.
Location
The property occupies a prominent and strategic position directly opposite the entrance to Woking mainline station on the corner of The Broadway and Chertsey Road.
The station provides fast and frequent service to London Waterloo and Portsmouth Harbour.
The property is in the town centre which provides a variety of shops, restaurants and takeaway outlets.
Terms
The freehold of the property is offered for sale subject to the following tenancies-
1 The Broadway lease for a term of 25 years from 1st October 2019 at a rent of £66,000 per annum subject to upward only rent review every 5 years. The 2024 review has not been implemented. The Lease is effectively full repairing and insuring. The property is let to an individual trading as Budgens.
1 Chertsey Road, sas House, Offices leased to three individuals and Barnett Waddingham Trustees Ltd for a term of 999 years from 25th March 1996 at a peppercorn. The tenants are responsible for the external decoration and repair of the property and building insurance. The office lease does
not allow subletting of an individual floor or conversion of the offices to residential without the freehold consent.
The total income for the property is £66,000 pax.
Rating Assessment
The property has the following 2023 Rateable Values:
1 Chertsey Road 1st-5th Floor - £67,500 rv
1 Broadway – Retail - £24,500 rv
ubr Multiplier is 54.6p
The property is a mixed-use building with a retail unit on the ground floor, and offices above on the upper four floors.
The offices have a separate entrance at 1 Chertsey Road. The ground floor retail unit which also has a basement used as storage address is 1 The Broadway.
An O.S plan is attached with the building edged in black.
Location
The property occupies a prominent and strategic position directly opposite the entrance to Woking mainline station on the corner of The Broadway and Chertsey Road.
The station provides fast and frequent service to London Waterloo and Portsmouth Harbour.
The property is in the town centre which provides a variety of shops, restaurants and takeaway outlets.
Terms
The freehold of the property is offered for sale subject to the following tenancies-
1 The Broadway lease for a term of 25 years from 1st October 2019 at a rent of £66,000 per annum subject to upward only rent review every 5 years. The 2024 review has not been implemented. The Lease is effectively full repairing and insuring. The property is let to an individual trading as Budgens.
1 Chertsey Road, sas House, Offices leased to three individuals and Barnett Waddingham Trustees Ltd for a term of 999 years from 25th March 1996 at a peppercorn. The tenants are responsible for the external decoration and repair of the property and building insurance. The office lease does
not allow subletting of an individual floor or conversion of the offices to residential without the freehold consent.
The total income for the property is £66,000 pax.
Rating Assessment
The property has the following 2023 Rateable Values:
1 Chertsey Road 1st-5th Floor - £67,500 rv
1 Broadway – Retail - £24,500 rv
ubr Multiplier is 54.6p
More information
Listed by
Owen Isherwood
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