Main property image
Available
Price/premium:  £695,000
Rent:  £13,500 Per annum
Size:  1,600 Square feet
Ref #2827

Address

Address: Stamford Cottage, High Street
Town: Ripley
Area: Surrey
Postcode: GU23 6AA

Location

Situated in the heart of delightful Ripley Village amongst an interesting mix of cafes, shops and other established businesses. Quick access to the A3 and M25.

Description

Character mid terrace property arranged over ground and first floors, plus small cellar. The two shops currently intercommunicate with provision for the vacant shop to use the W.C. facility within the hair salon. Access to the first floor flat is from the High St and the vacant shop can also be accessed from within the flat's hallway or a separate door on to the High St (we are advised that gas and water supplies are shared, but there is a separate electricity supply to the flat).

To the rear of the property is a pretty rear garden with a single garage beyond, accessed from Rose Lane. The property is likely to appeal to both owner/occupiers and investors. It is situated in the conservation area and within easy access of local amenities, including Ripley Green and Papercourt Sailing Club. The vacant shop measures approximately 310 sq ft and this currently intercommunicates with the adjacent shop, let to Il Santo hair salon (£13,500 p.a.), which measures approximately 390 sq ft, plus cellar of 105 sq ft.

The upper flat comprises; Reception Room 16'8" min' x 15'3". Fully fitted Kitchen 10' x 8'. Master Bedroom 16'2" x 9'3". Second Bedroom 15'8" x 7' 5". Bathroom/W.C.

The flat has been let on an AST agreement from the 19th March 2021 at a rent of £1,050p.c.m. with a break clause at 6 months.

General Information

Tenure: Freehold
Price/premium: £695,000
Rent: £13,500 Per annum
Legal fees: Each party to bear their own
Lease details: One shop is let to a hair salon (Ilsanto) at £13,500 p.a. for a term of 9 years from 20th February 2012 with three yearly Rent Reviews. The tenant is a Sole Trader. We understand that the Tenant is seeking to extend their lease.

Features

Garden
Mixed use investment
Part- vacant possession
Requires refurbishment
Thriving village

Property Location

Important Notice

Information supplied by franklin commercial is intended as a general guide only & should always be verified by you prior to contract (we do not usually inspect leases/service charge accounts etc or test any amenities/services). We do not guarantee the accuracy of approximate measurements/areas quoted, plans or any other information, which may have been supplied to us by Clients. Our descriptions do not form part of any contract and nothing is included unless it is in the solicitors contract for sale. All inspections/negotiations must be conducted through us & information should not be transmitted to 3rd parties. Under no circumstances may a direct approach to the business, vendor or lessee be made - staff are usually unaware of a proposed sale. Rents/Prices quoted are always exclusive of V.A.T. (if applicable).

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