Prime Retail & Residential Investment
Summary
- Farnham is an attractive and affluent market town
- Situated in Prime location opposite Lion and Lamb Yard shopping centre
- Attractive Grade 2 listed building, adjacent to Space NK and Elphicks Department store
- Let to Sweaty Betty and British Heart Foundation plus 3 self contained vacant spacious flats
- Opportunity to create 4 flats after conversion
- Offers in the region of £1.45 million, Subject to Contract
Location
The subject property occupies an excellent location in the Town Centre close to the junction of the Borough and Downing Street whilst being opposite
the entrance to the Lion and Lamb Yard shopping centre anchored by Waitrose and a large attached shopper's surface car park. The property is adjacent
to Space NK and Elphicks Department store whilst other close by occupiers include Oliver Bonas, Waterstones, Joules, Mint Velvet, Goldsmiths and
Jigsaw.
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Mainline Stations
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Farnham7 mins
-
Aldershot55 mins
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Bentley (Hampshire)72 mins
-
Ash87 mins
Underground Station
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Twyford353 mins
-
Reading356 mins
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Maidenhead411 mins
-
Taplow425 mins
Further Information
Price Offers from £1,450,000 Subject to Contact
Rates Payable Upon Enquiry
Service Charge n/a
Estate Charge n/a
Description
This Grade 2 listed building comprises 2 shops and 3 flats arranged on basement, ground, first and second floors. Access to 2 of the flats is from West
Street whilst the 3rd flat arranged on first floor only is accessed at the rear of the property.
Terms
Freehold, subject to the tenancies and vacant possession of the 3 flats.
Farnham Town
Farnham has an attractive shopping environment with several historic buildings housing an interesting mix of retail occupiers. New development is taking
place in the Town Centre including the Crest Nicholson development known as Brightwells Yard nearing completion on East Street comprising a 25
unit scheme to include an M & S Foodhall, Seasalt Fashions, Pret a Manger and a 6 screen Cinema. It will also include 240 new homes and 400 car
spaces.
Farnham Residential Market
The flats at 8 West Street are spacious with good natural light and views to the rear towards the church and to the front the shopping areas of Lion &
Lamb Yard and West Street.
The sale market for flats in Farnham is strong with local agents advising figures of £450 psf plus capital value. There is also a healthy letting market
for both students and locals.
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