TypeWarehouse · Industrial Investments · Industrial Portfolio Investments
TenureFor sale
The property is arranged as an office to the front of the building with a warehouse to the rear.
The buildings provide the following floor areas. The office has the following net internal floor areas:
Ground Floor 295 sq. ft (27.42 sq. m)
First Floor 295 sq. ft (27.42 sq. m)
The Warehouse has the following gross internal floor areas:
Ground Floor 2941 sq. ft (273.3 sq. m)
Mezzanine 2941 sq. ft (273.3 sq. m)
The office space is currently benefits from a suspended ceiling with carpeted floors, LED lights and HVAC. The warehouse is currently arranged as self-storage with large secure units to the ground floor and smaller partitioned units to the mezzanine.
Tenure: The entire property is currently held under two Title No's SY589888 & SY871134.
Title SY589888 is held freehold.
Title SY871134 is held on a long leasehold basis for a term to expire 15th March 2155 at a current passing rent of £30,000 pax subject to open market review on 25th February 2026 and at 5 yearly intervals thereafter.
Occupational Leases: The property is subject to the following occupational Leases
Office - Let to Enterprise Rent-A-Car UK Limited at a rent of £29,526 for a term of 20 years from 1st September 2017, subject to 5 yearly upward only rent reviews.
Car Wash - Let to Luxury Hand Car Wash Limited for a term of 10 years from 14th October 2024 at a rent of £12,000 pax for Years 1 & 2 rising to £15,000 in Years 3 to 5, subject to review to OMV at the end of the 5th year.
Warehouse - Let on a number of short-term Licences currently producing £27,276 pax with scope to increase through active management and letting of vacant space.
Terms: The Long Leasehold and Freehold are available to purchase at a price to be agreed. Subject to Contract
VAT: The above guide price is exclusive of VAT if applicable.
Costs: Each party are to pay their own fees in relation to the transaction.
EPC: The premises has an EPC rating of E (118)
Business Rates: The Valuation Office Agency website describes the premises as 'Workshop & Premises' with a 2023 rateable value of £41,750. The current UBR is 49.9 pence in the £.
Viewings: Strictly by appointment with White and Sons
Dorking lies approximately 21 miles (34 km) south of London between Guildford (11 miles west) and Reigate (6 miles east), with Leatherhead around 7 miles to the north. The town is well-connected via road networks, with the A24 running through Dorking, while the A25 links it to Guildford and Reigate.
The M25 motorway (Junction 9) is around 6 miles north, offering excellent connections to London, Heathrow, and Gatwick. The property is located along Curtis Road which is an established light industrial/business area situated just to the North of Dorking town centre. Occupiers such as Champion Timber, Tutts and Dorking Tyre services are nearby.
Rare opportunity to purchase a mixed-use commercial property in the heart of Dorking.
Arranged as Self-Storage facility and separate office
premises with car wash to rear.
Prominent location fronting Curtis Road.
Dorking Deepdene and Dorking Railway Stations are located less than 1 mile away.
Easy access to the A25 and A24 as well as Junction 9 ofthe M25.
Annual income £68,802 pax with large reversionary
potential.