Property overview

VW, 507 London Road, Camberley, Surrey, GU15 3JE

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Oct 2023

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%.