27-29, Wey Hill, HASLEMERE, Surrey, GU27 1BZ
15th April 2025
starts 09:30 AM at Grand Connaught Rooms
starts 09:30 AM at Grand Connaught Rooms
guide price *
£220,000
Tenure: Leasehold. Lease Information awaited. Please check the Legal Pack for further details.
!
The negotiator dealing with this Lot is Callum Glenn and he can be contacted by email: callum.glenn@barnardmarcus.co.uk
THE SELLER RESERVES THE RIGHT TO SELL LOTS 42 TO 44 AS ONE LOT
A Selection of Three Retail Investments,
Prominent Retail Position,
Prosperous Surrey Town Location
Location:
The properties are located in this popular Surrey town of Haslemere which lies off the A3 and some 15 miles southwest of Guildford. The town has a vibrant centre offering a range of shopping facilities, recreational pursuits together with a good selection of restaurants and Bars. This is a popular commuter location not only due to ease of access to the A3 but also, the rail station at Haslemere offers direct and regular services to London waterloo with a journey time of less than 1 hour. The properties hold a prominent position adjoining Majestic Wine Warehouse, opposite a Cook outlet and immediately adjoining Wey Hill Car Park.
Lot: 42
Address: 27-29 Wey Hill
Accomodation: Retail Zone A 42.6 sq. m. (458.5 sq ft)
Retail Zone B 14.6 sq. m. (157 sq ft)
Internal Store 5 sq. m. (53 sq ft)
TOTAL 62.2 sq. m. (669 sq ft)
Lease Terms: Let to S Carr (t/a Paradigm Hair Design) for 10 years from 24/06/2016
Current Rent £ pa: £9,000
Rent Reviews/Notes:Rent review as of 2021 was not exercised and is not time of essence. Valuable lease reversion/ renewal due June 2026
Lot: 43
Address: 31-33 Wey Hill
Accomodation: Retail Zone A 45.8 sq. m. (492.9 sq ft)
Retail Zone B 9.8 sq. m. (100.9 sq ft)
Production Area 10.2 sq. m. (109.7 sq ft)
Internal Store 6.5 sq. m. (69.9 sq ft)
TOTAL 72.3 sq. m. (778 sq ft)
Lease Terms: Let to May and Grace Bridal Boutique on a renewed lease for 8 years from 04/05/2022
Current Rent £ pa: £15,500
Rent Reviews/Notes: Rent review and tenants break option 03/05/2026. The rent review is geared to RPI with a cap of 7% and collared at 3%.
Lot: 44
Address: 35-37 Wey Hill
Accomodation: Retail Zone A 38.6 sq. m. (416 sq ft)
Retail Zone B 39.0 sq. m. (420 sq ft)
TOTAL 77.7 sq. m. (836 sq ft)
Lease Terms: Let to Leightons Holdings Limited (Opticians) on a renewed lease for 5 years from 25/03/2027.
Current Rent £ pa: £14,500
Rent Reviews/Notes: Rent fixed for term with no break clause.
Description:
Each of the lots provides a ground floor retail unit within this character building. Each unit has a staggered frontage providing high road visibility with the advantage of passing trade being able to utilise the adjoining public car park.
Tenure:
Each unit will be sold on a new lease for a term of 999 years at a ground rent of £250 per annum (see note).
Note:
The Seller is the freeholder of the building. Following these sale they shall serve requisite notices under the Landlord and Tenant Act enabling them to then sell the freehold ground rent investment at the earliest available opportunity.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
A Selection of Three Retail Investments,
Prominent Retail Position,
Prosperous Surrey Town Location
Location:
The properties are located in this popular Surrey town of Haslemere which lies off the A3 and some 15 miles southwest of Guildford. The town has a vibrant centre offering a range of shopping facilities, recreational pursuits together with a good selection of restaurants and Bars. This is a popular commuter location not only due to ease of access to the A3 but also, the rail station at Haslemere offers direct and regular services to London waterloo with a journey time of less than 1 hour. The properties hold a prominent position adjoining Majestic Wine Warehouse, opposite a Cook outlet and immediately adjoining Wey Hill Car Park.
Lot: 42
Address: 27-29 Wey Hill
Accomodation: Retail Zone A 42.6 sq. m. (458.5 sq ft)
Retail Zone B 14.6 sq. m. (157 sq ft)
Internal Store 5 sq. m. (53 sq ft)
TOTAL 62.2 sq. m. (669 sq ft)
Lease Terms: Let to S Carr (t/a Paradigm Hair Design) for 10 years from 24/06/2016
Current Rent £ pa: £9,000
Rent Reviews/Notes:Rent review as of 2021 was not exercised and is not time of essence. Valuable lease reversion/ renewal due June 2026
Lot: 43
Address: 31-33 Wey Hill
Accomodation: Retail Zone A 45.8 sq. m. (492.9 sq ft)
Retail Zone B 9.8 sq. m. (100.9 sq ft)
Production Area 10.2 sq. m. (109.7 sq ft)
Internal Store 6.5 sq. m. (69.9 sq ft)
TOTAL 72.3 sq. m. (778 sq ft)
Lease Terms: Let to May and Grace Bridal Boutique on a renewed lease for 8 years from 04/05/2022
Current Rent £ pa: £15,500
Rent Reviews/Notes: Rent review and tenants break option 03/05/2026. The rent review is geared to RPI with a cap of 7% and collared at 3%.
Lot: 44
Address: 35-37 Wey Hill
Accomodation: Retail Zone A 38.6 sq. m. (416 sq ft)
Retail Zone B 39.0 sq. m. (420 sq ft)
TOTAL 77.7 sq. m. (836 sq ft)
Lease Terms: Let to Leightons Holdings Limited (Opticians) on a renewed lease for 5 years from 25/03/2027.
Current Rent £ pa: £14,500
Rent Reviews/Notes: Rent fixed for term with no break clause.
Description:
Each of the lots provides a ground floor retail unit within this character building. Each unit has a staggered frontage providing high road visibility with the advantage of passing trade being able to utilise the adjoining public car park.
Tenure:
Each unit will be sold on a new lease for a term of 999 years at a ground rent of £250 per annum (see note).
Note:
The Seller is the freeholder of the building. Following these sale they shall serve requisite notices under the Landlord and Tenant Act enabling them to then sell the freehold ground rent investment at the earliest available opportunity.
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: Please contact Auction centre
Leasehold Information:
Utilities:
Restrictions:
Flood Risk:
Parking: Please contact Auction centre
Accessibility: Please contact Auction centre
Leasehold Information:
- Number of years left on lease: 1 years, 2 months (as of Auction date)
- Annual service charge: Please contact Auction centre
- Annual ground rent: Please contact Auction centre
- Annual ground rent review period: Please contact Auction centre
- Ground rent increase: Please contact Auction centre
Utilities:
- Electricity: Please contact Auction centre
- Water: Please contact Auction centre
- Sewerage: Please contact Auction centre
- Heating: Please contact Auction centre
- Broadband: Please contact Auction centre
Restrictions:
- Obligations: Please contact Auction centre
- Property Listed: Please contact Auction centre
- Restrictions: Please contact Auction centre
- Required Access: Please contact Auction centre
- Rights of Way: Please contact Auction centre
Flood Risk:
- Flooded in the Last Five Years: Please contact Auction centre
Parking: Please contact Auction centre
Accessibility: Please contact Auction centre
Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.
lot infomation last updated: 2nd April 2025 at 04:11 PM
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