Under Offer

TypeIndustrial Investments · Mixed Portfolio Investments

GU21 0.89 Acres, Monument Way West, Woking

TenureFor sale

0.89 Acres, Monument Way West, Woking, GU211/3

Specification

Land size
Land size0.89acres
Property type
Property typeIndustrial Investments · Mixed Portfolio Investments
Tenure
TenureFor sale

Description

Open Storage at Monument Way West

This large open storage space is ideal for a variety of industrial uses. The site offers flexible outdoor space with good access, within an established commercial area.

Subject to a 10 year Lease (outside the act) dated 15th August 2023 let to Get Yards Woking Ltd at £120,000 p.a. with mutual break clauses on the 3rd & 5th anniversaries of Lease commencement and an Open Market (upwards only) Rent Review on the 5th anniversary of the term.

There is a telephone mast to the rear producing £27,725.37 p.a. currently holding over from the previous leases expiring 2022 & 2023.

Total income: £147,725.37 p.a.

Plot 2:

Yard 1 RV 26/27 - £64,000

Yard 2 RV 26/27 - £19,750

Telephone Mast:

RV 26/27 - £13,000

Location

Situated on Monument Way West in Woking, this large open storage site is located within a well-established commercial and industrial area. The site

benefits from excellent transport links, with easy access to the A320 and close proximity to Junction 11 of the M25, providing strong connectivity to the wider motorway network. Woking town centre is a short distance away, offering mainline rail services to London Waterloo and a range of local amenities.

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