Investment Properties: 104 - 110 Hermitage Road, Woking, Surrey, GU21 8TQ

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104 - 110 Hermitage Road, Woking, Surrey, GU21 8TQ

Guide Price £900,000 subject to contract - Freehold

  • Rare opportunity to acquire freehold plot containing an unbroken parade of shops, residential accommodation, carpark and garages.
  • Existing building comprises 4 x ground floor retail units and a further 3 x self-contained flats located on the first floor.
  • Asset is income producing with current rent £44,000 pax which will rise annually to £47,000 pax by March 2020.
  • We believe the site offers future potential for redevelopment (STPP) given its size (0.4-acre plot) and the fact it is a prominent corner.