Freehold blue-chip convenience store & residential investment in South East England.
Convenience store size is 4,599 sq ft over ground and first floors.
Two self contained flats above. Flat 3 is 850 sq ft. Flat 4 is 600 sq ft.
Total accommodation approx. 6,050 sq ft
15 car parking spaces to the rear
Location Description
The affluent and attractive village of Great Bookham is located 2.25 miles south-west of Leatherhead and 9.5 miles north-east of Guildford
The area benefits from good road communications with the A24 nearby and the M25 (J9) approx 3 miles to the north east via the Leatherhead Road (A246)
Bookham Rail Station is approx. 1 mile from the property and provides frequent services to London Waterloo (52 mins) and Guildford (21 mins)
The property is situated in the centre of the village within an established parade on the east side of the High Street, close to its junction with Guildford Road (A246)
Occupiers close by include a Boots pharmacy, a Co-op Food and a number of local businesses
Tenancy & Accommodation Schedule
4,599 sq.ft. convenience store over ground and first let to Tesco Stores Ltd for 15 years from 11/012023 FR& I (no breaks)
Rent reviews linked to CPI every 5th year (1% collar & 3% cap)
For the year ended 26 February 2022 Tesco Stores Ltd reported a turnover of £44,793,000,000, Pre-Tax Profit of £1,260,000,000, Shareholders funds £8,220,000,000 and a Net Worth of £7,718,000,000 (Source: Experian 25.04.2023)
850 sq.ft. 2 bed flat let on an AST for £16,200 p.a.
600 sq.ft. 2 bed flat let on an AST for £13,300 p.a.