Leisure/hospitality for sale in Guildford Road, Dorking RH5, £850,000

850,000.00

Offer Nr.:
66111904
Type of ad:
for Sale
Property type:
Leisure/hospitality
Contact name:
Westwood and Co
Phone(s):
01483 665573

* Freehold investment/development opportunity in picturesque surrey village
* Striking building with development potential and income.
* Set in A generous plot with fantastic development potential.
The property comprises a substantial Victorian building, formerly a Public
House which was
changed to a Cookery School about 10 years ago. The property is of
conventional
construction and is set in a generous plot with considerable development
potential. The steep
pitched roofs and attractive tile hanging make this a stand out building
offering the
combination of potential and income.
The property and part of the grounds are let on an annual rent of £34750pa
under a lease
expiring in 2030 with a tenant only break in 2026, on site parking.
Situation:
Located in the very heart of this picturesque Village with the water meadows
of the
Tiillingbourne river opposite and the cricket pitch nearby. Gomshall is first
down the road
with a railway station and access to Guildford/ Dorking/ Gatwick all within
easy reach.
Dorking 4. 7 miles, Gatwick 20. 5 miles, Guildford 8. 1 miles and Godalming 9. 9
miles.
Accommodation:
See plans attached
Gross internal area over two floors 3, 306sqft (307sqm) please note plans for
identification
purposes only, not to be relied on for scaling or measurements.
The investment:
The whole property and part of the garden are let on a full repairing and
insuring lease for 10
years to Lizzie Bakes Ltd and guarantor at a current rent of £34, 750 pax There
is a Tenant
only break clause for 31st January 2026 subject to notice and rent review. The
lease is within
the 1954 Landlord and Tenant Act, but the Barbeque area is not part of the
lease and is on a
license, at no cost, which the Landlord can terminate within a month.
The property is for sale freehold on an unconditional basis with the Tenant
and lease in
place.
Rateable value: £18, 500. At approx. 50p in the £
EPC: D rated but expired, new EPC commissioned.
Price guide: £850, 000 STC only.
Viewing: Strictly by appointment with Sole Agents only.
Copy lease and license available upon request.

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