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Investment for sale

36-42 Commercial Way, Woking, GU21 6EN
Contact Agent
Call Agent 01932 823610
Curchod & Co Weybridge
Marketed by
Curchod & Co Weybridge
54 Church St, Weybridge KT13 8DP, UK
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Available
36-42 Commercial Way, Woking, GU21 6EN
36-42 Commercial Way, Woking, GU21 6EN
1 of 2
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£1,270,000
36-42 Commercial Way, Woking, GU21 6EN

6131 sq. ft (569.59 m²)

Contact Agent Call Agent 01932 823610

Key features

  • Fully let to three tenants at a combined passing rent of £134,750 per annum exclusive
  • WAULT of approximately 9.3 years to expiries and 6.0 years to breaks
  • Price reflecting a net initial yield of 10%

Description

The property comprises a parade of three retail units. 36 and 38 Commercial Way each provide ground floor retail accommodation with ancillary space uppers. 40/42 Commercial Way occupies a prominent corner position with an extended double aspect frontage onto Commercial Way and Church Path, and is arranged over ground and two upper floors.
36 Commercial Way is let to Bourne Estate Agents Ltd on a lease for a term of 5 years from 25 March 2026, at a passing rent of £24,000 per annum exclusive.
38 Commercial Way is let to The Chancellors Group of Estate Agents on a lease from 30 November 2016, at a passing rent of £30,750 per annum exclusive.
40/42 Commercial Way is let to Iro Sushi Franchisor Ltd on a lease for a term of 15 years from 18 September 2025 at a passing rent of £80,000 per annum exclusive.
The combined passing rent is £134,750 per annum exclusive. A full tenancy schedule is available upon request.
Unit Name: b | 740 sqft |
Unit Name: b | 1087 sqft |
Unit Name: b | 4304 sqft |
Reference: 384424_sales
All commercial properties for sale in Woking
Curchod & Co Weybridge
Marketed by
Curchod & Co Weybridge
54 Church St, Weybridge KT13 8DP, UK
Properties for sale Properties to let

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