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No longer on the market

This property is no longer on the market

Mixed use

Auction
Mixed use
Added > 14 days

Features and description

  • Tenure: Freehold
  • Freehold retail and residential investment, retail unit trading as a funeral director
  • Includes x2 tenanted two bedroom flats above the retail
  • Also includes a vacant one bedroom maisonette and a vacant two bedroom maisonette to the rear
  • Asset management opportunities
  • 6 week completion available
  • Producing £41,700 per annum (plus two vacant residential units)
  • On the instructions of Stephen Skinner and Tim Simmons of Sanderson Weatherall as Joint LPA Receivers
  • Final block viewing taking place at 11:00 am on tuesday 10 th december
  • Online Auction on Thursday, 12 December 2024

A mid-terraced building of traditional construction beneath a pitched roof. The building is arranged as a ground floor retail unit with x1 one bedroom self-contained flat and x1 two bedroom flat at first and second floor levels, both accessed from the rear (know as 5 The Chine). There is additional ancillary accommodation at basement level.To the rear of the property are two maisonettes, these being x1 one bedroom and x1 two bedroom presented in very good order (refer to tenancy schedule below).

There is an ongoing insurance claim with regards to a water leak within the retail unit and prospective buyers should refer to the legal pack for further information.


Location:

Dorking is a market town in Surrey lying approximately 25 miles south west of Central London and 12 miles east of Guildford. It can be accessed via the A24 and A25, with the former linking with the M25 motorway at junction 9 approximately 6 miles to the north. The town is served by three railway stations, these being Dorking, Dorking Deepdene and Dorking West railway stations providing regional rail links as well regular direct services to London Victoria and London Waterloo. Additionally numerous bus routes serve the area and London Gatwick Airport lies approximately 11 miles to the south east.

High Street is the principle retail thoroughfare in the town centre with the property lying on its south side near the junction with The Chine. Notable nearby occupiers include Pizza Express, Cancer Research, Nationwide, Superdrug and Holland & Barrett.


Online Auction on Thursday, 12 December 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

Bidx1 - London
Bidx1 - London
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
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BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 10,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £1.7 million worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, South Africa, Spain and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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