Unit 4, Capital Park, Combe Lane, Wormley, Godalming, Surrey, GU8 5TJ
Guide Price* : £500,000
- Freehold industrial property
- 3,440 sq ft (319.55 sq m)
- Offered with Vacant Possession
- Excellent asset management opportunities
- Established industrial location
- Guide Price of £500,000 reflects a low capital value of £145 per sq ft
The property comprises a light industrial unit of 3,440 sq ft (319.55 sq m) (additional restricted height storage space of 507 sq ft) set within a popular industrial park. The property provides an electric loading door (width - 2.98m, height - 3.02m) with a storage area and ancillary offices. The current occupier has created a mezzanine floor spanning the entire property increasing usable office area.
To the front, the property provides 11 car parking spaces and a loading area. Within the loading doors there is an area currently used for storage, towards the rear there are areas fitted out as offices but currently used as storage.
There is a further area of dedicated offices accessed from the front of the unit. This provides access via stairs at the rear to the mezzanine floor which is used as a boardroom, offices and a kitchen with bathrooms. All office areas (including those used as storage) benefit from raised flooring and air conditioning.
*Please note we have not carried out a Measured Survey of the property and therefore the provided floor areas are not to be relied upon
The property is located in Wormley, a small village approximately 10 miles to the south of Guildford.
Situated within Capital Park, an established light industrial park, the property is accessed from Combe Lane and is approximately 5 minutes walking distance from Witley Rail station, providing direct access to London in 56 minutes.
The property is being offered with Vacant Possession.
The property is elected for VAT
The rateable value of the property is £30,000. Click Here for the VOA entry.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2023
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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