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Dog & Partridge, 92 Upper Village Road, Ascot, SL5 7AQ

Offers in Excess of
£1,000,000

£236.57 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

4,227 sq ft

393 sq m

SECTOR

Industrial development for sale

Key features

  • Entire property let to two private individuals
  • Property arranged over two levels extending to 4,031 Sq Ft (375 Sq M)
  • Current rent of £68,140 per annum
  • We are instructed to invite offers in excess of £1,000,000 (6.45% NIY)
  • Lease expires April 2042
  • The rent is subject to five yearly open market rent reviews and annual RPI increases with a collar of 1% and cap of 4% (except in the open market review year)
  • Business unaffected by sale

Description

Description
The property comprises the ground and first floor of a two storey detached building with painted brick elevations beneath a part pitched and part flat roof.

Location
Located in the village of Sunninghill in the county of Berkshire, 7.7 miles (12.4 kilometres) south west of Windsor and 28.4 miles (45.7 kilometres) west of London.

The Dog & Partridge is situated fronting Upper Village Road in a densely populated residential area which is a short distance north west of the local High Street and 1.5 miles (2.3 kilometres) south east of Ascot Racecourse.

Virtual Tour
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Tenure
The property is held freehold (Title Number BK323664).

Tenancy
The entire property is let to two private individuals on a 20 year lease from 22 April 2022 at a current rent of £68,140 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 1% and cap of 4% (except in the open market review year). A rent deposit of £16,610 is held by the landlord.

Planning
The property is not listed or situated within a conservation area.

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC
D - 81

Terms
We are instructed to invite offers in excess of £1,000,000 (6.45% NIY) assuming the usual purchaser's costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.

Brochures

Dog & Partridge, 92 Upper Village Road, Ascot, SL5 7AQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ascot Station0.8 miles
  • Sunningdale Station1.3 miles
  • Martins Heron Station2.9 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 230668-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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