Retail property (out of town) for sale
Property description & features
- Tenure: Freehold
- We are excited to present this fantastic commercial investment opportunity, located within a prime location in Farncombe *Guide Price £165,000*
- The property is currently generating a monthly rent of £1,041 PCM (£12,500 P/A) which produces an excellent 8% yield if achieved for guide price of £165,000 *TURNKEY INVESTMENT*
- The property is occupied by established hairdressers who have been in business over 50 years. Excellent long term tenant in situ. Sure to appeal to investors looking for a reliable commercial tenant.
- The property is located in a prime main street location, attracting large daily footfall.
- Farncombe is situated within close proximity to major roads like the A3 and has easy rail access to London within 45 minutes.
- We are excited to present this fantastic commercial investment opportunity, located within a prime location in Farncombe - *Guide Price £165,000*
- The property is currently generating a monthly rent of £1,041 PCM (£12,500 P/A) which produces an excellent 8% yield if achieved for guide price of £165,000 - *TURNKEY INVESTMENT*
- Sure to appeal to shrewd commercial investors looking for a fantastic readily let investment opportunity - *CASH FLOW FROM DAY ONE*
- The property is occupied by established hairdressers who have been in business over 50 years. Excellent long term tenant in situ.
- Farncombe is situated within close proximity to major roads like the A3 and has easy rail access to London within 45 minutes.
NEW ENTRY. Fantastic tenanted commercial investment opportunity, located within a prime location in Farncombe - *Guide Price £165,000*
Sure to appeal to investors looking for an affordable turn-key investment generating passive cash flow from day one.
Property benefits from a long lease in place until 2032, with a rent review every 3 years.
Included in the sale is the freehold for the 3 bed flat above the shop, ground rent £50 P/A.
The property is currently generating £12,500 p/a, this would produce an excellent rental yield of 8% if achieved for guide price of £165,000.
The property is located in a prime main street location, attracting large daily footfall. Tenant is Established business of over 50 years.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Farncombe, a village in Surrey near Godalming and just south of Guildford, is emerging as an attractive spot for commercial investment due to its strategic location, growing community, and quality of life offerings. Close proximity to major roads like the A3 and easy rail access to London (within 45 minutes) make it ideal for business operations that benefit from connectivity to urban hubs. Farncombe also enjoys a steady influx of both families and young professionals attracted by its village charm and access to quality schools, parks, and amenities, driving demand for services and retail. With commercial real estate relatively affordable compared to nearby larger towns, Farncombe is well-positioned for growth, particularly in retail, hospitality, and small business services that serve its expanding population.
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Property reference 212775045. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on August 30, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 30, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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