Property overview

Please find below details of this secure income, prime car dealership investment opportunity we have been instructed to market. The salient details are:

• High yielding, secure income, prime car dealership investment
• Affluent urban location, less than a mile from Camberley town centre
• Camberley is an affluent town in Surrey, just 31 miles from London, and is well served by excellent road connections to the M25 and M3 motorways
• The property fronts London Road, the main arterial route into Camberley town centre
• The property comprises a modern detached car showroom, with a GIA of 14,753 sq. ft. (1,370.60 sq. m.) over ground and first floors
• Low site cover of 35% across a site of 0.98 acres
• Let to Volkswagen Group United Kingdom Limited, one of the world’s largest car manufacturers
• Lease expiring 19th October 2026, providing a further 3.8 years income
• Rent of £333,765 per annum (£22.63 per sq. ft.)
• Site underpinned by alternative use value, subject to planning
• Freehold

We are instructed to seek offers in excess of £3,915,000 subject to contract and exclusive of VAT.

A purchase at this level reflects an attractive net initial yield of 8.00% based on full purchaser’s costs of 6.54%.