Church Rd 1,000 SF Retail Building Windlesham GU20 6BH $2,754,378 CAD ($2,754.38 CAD/SF) 3.47% Cap Rate

The property comprises a single storey brick-built office/showroom with a pitched corrugated roof, a vehicle wash area and tarmacadam/concrete hardstanding for parking or open storage. The property has a frontage to Church Road of 72 ft. (22m). The current use is commercial car business, having formerly been a garage for many years so can be considered to be a Brownfield Site. The property has been let to Alliance Cars Ltd for five years from 5 th July 2022 on a full repairing and insuring basis at a commencing rent of £52,000 pa with fixed increase to £54,000 pa after 2 years, and £56,000 pa after 4 years, Subject to a Mutual Break on 2 month’s notice effective 5 July 2024.