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116-120 High St
4,000 SF Office Condo Unit Offered at $1,782,510 CAD in Cranleigh GU6 8AJ
Property Facts
| Price | $1,782,510 CAD | Sale Type | Investment |
| Unit Size | 4,000 SF | Building Class | B |
| No. Units | 1 | Floors | 3 |
| Total Building Size | 6,127 SF | Typical Floor Size | 2,406 SF |
| Property Type | Office (Condo) | Year Built | 1986 |
| Price | $1,782,510 CAD |
| Unit Size | 4,000 SF |
| No. Units | 1 |
| Total Building Size | 6,127 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 2,406 SF |
| Year Built | 1986 |
1 Unit Available
Unit ELH
| Unit Size | 4,000 SF | Sale Type | Investment |
| Price | $1,782,510 CAD | Tenure | Long Leasehold |
| Price Per SF | $445.63 CAD | Cap Rate | 8.40% |
| Condo Use | Office | NOI | $149,730.80 CAD |
| Unit Size | 4,000 SF |
| Price | $1,782,510 CAD |
| Price Per SF | $445.63 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 8.40% |
| NOI | $149,730.80 CAD |
Description
Located in the centre of Cranleigh, it is possibly the largest office building in central Cranleigh. Major employers in Cranleigh include Jewsons and Cranleigh School (Senior and Preparatory). Cranleigh is a thriving centre, growing very fast with numerous new developments presently under construction. Nearby at Dunsfold Aerodrome (about 3 miles) consent has been granted for at least 2000 houses. Guildford and Horsham are both about 10 miles, Gatwick Airport is a 40 minute drive.
Sale Notes
Currently the property is let on a full repairing and insuring lease for 10 years from 1st
September 2014 to Flipside (Well Set Repro Ltd) at a rent of £70,000pax+vat
This lease is outside the 1954 Landlord and Tenant Act. The property enjoys full permitted development rights to change the use to residential (Prior Notice
Approval) confirmed by Waverley Borough Council. The building is suitable for 5 or 6 two bed apartments accessed via the High Street entrance.
Amenities
- Raised Floor
- Accent Lighting
-
Sophie Westwood -
John Westwood
-
Westwood & Company
Presented by
116-120 High St
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