* Freehold
**Key Points**
* Timings on completion of Tenant Fit Out tbc
* Let to Vet - ai Ltd on a 20 - year lease term (10 - year term certain)
* Annual Rental Income = £55, 000 per annum exclusive
* Located within a Residential Development
* Parking
**Description**
The subject property is located on Ground Floor level within a Residential
Development. Curchod & Co have been informed there are 39 flats on - site.
The subject property is let to Vet - ai Ltd (company number: 11343174) on a
20 - year lease term from 28th July 2023 at a rent of £55, 000 per annum
exclusive. The lease is outside the security of tenure provisions within the
Landlord and Tenant Act 1954. There is a mutual break option on 28th July 2033
(Break Date). There is a 12 - month rent deposit held. The rent is to be
reviewed on an upward only basis every 5 years to be the higher of either Open
Market Rental Value or rpi compounded annually subject to a collar of 2% and
cap of 5%. The tenant is to pay a service charge on an annual basis.
Curchod & Co can provide the required lease documentation on request.
**Viewings**
All viewings must be arranged in advance with Curchod & Co.
**Location**
The property is located down Station Road in Addlestone, adjacent to the
roundabout by Gardens Close, Hawker Drive and Station Road. The property is
located approximately 0. 1 miles away from Addlestone Train Station, 1. 8 miles
away from M25 and 1. 2 miles away from Weybridge High Street.
**Anti Money Laundering**
To comply with Anti Money Laundering regulations, Curchod & Co undertake id
checks for all successful purchasers and tenants where legislation requires us
to do so.
**Legal Costs**
Each party to be responsible for their own legal and other professional costs
for this sale.
**Price**
Price on Application