1. Realla
  2. Offices for sale
  3. Farnham

4 Downing St

Just added

Office for sale

£1,675,000 5,755 sq ft

Mellersh & Harding
Contacts

Jeremy Waterworth - Mellersh & Harding

David Mundy - Mellersh & Harding

Sammy Conway - Mellersh & Harding

Full address
4 Downing St, Farnham GU9 7NX – Farnham
Highlights
  • An attractive freehold medical investment in the heart of Farnham town centre.
  • Farnham is an affluent south-east town with a district population of approximately 124,000
  • An imposing period building with a modern extension, 12 car spaces and a generous site area
  • A long-established GP Surgery with lease re-gear possibilities
Property type

Office for sale Search all

Asking price
£1,675,000
Available space range
There is 1 space available. This measures 5,755 sq ft.
Brochure
Download the brochure

Sale details

Sale unit 4026244 Available

5,755 sq ft, £291.05 per sq ft

Unit Sale unit 4026244
Address 4 Downing St, Farnham, Surrey, GU9 7NX, GB
Size 5,755 sq ft
Price £1,675,000
Price per unit £291.05 per sq ft
Unit Sale unit 4026244
Address 4 Downing St, Farnham, Surrey, GU9 7NX, GB
Size 5,755 sq ft
Price £1,675,000
Price per unit £291.05 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 6.5%
Financial type Actual
Financial year 2018
Net operating income £108,875

Sale notes

  • We are instructed to seek offers in excess of £1,675,000 (one million, six hundred and seventy five thousand pounds) subject to contract for our client’s freehold interest which reflects a net initial yield of 6.5% assuming normal purchase costs.
  • A purchase at this level reflects a capital value of £291 per sq ft.
  • The downing street group practice has occupied the property for many years and it is one of the largest gp surgeries in farnham.
  • In addition to the 4 gp’s on the leases, there are another 6 doctors who practice from the surgery which has a patient list of approximately 12,500. the doctors receive full rent reimbursement from nhs england thus providing an excellent government backed covenant.

Property description

4 Downing Street is an imposing 3 storey Georgian medical and office building with a modern single-storey rear extension, garden and on-site car parking. The large bright offices and consulting rooms to the front of the building have high ceilings and full height windows overlooking Downing Street. Much of the remainder of the building is open plan with the tenant having partitioned the accommodation to create further consulting rooms, offices and staff areas. The building is centrally heated and the tenant has installed wall mounted air cooling units. There are plastered and suspended ceilings, and lighting is from both fluorescent and spot lights. Electricity and data is provided from perimeter trunking. A second staircase has been installed by the tenant. The property is a Grade II* listed building and is situated within the Farnham Town Centre Conservation Area. The building has, for many years, been used as a General Practice Doctor’s Surgery. Previous uses have included offices and the building has potential for other commercial and residential uses subject to obtaining the necessary planning consents.

Building subtype
Medical
Number of storeys
3
Parking ratio
2.09
Rentable building area
5,755 sq ft
Year built
1889
Utilities
Heating

Attachments

PDF #1 Marketing brochure/flyer Download

This office for sale is located in Farnham.

Search for all available commercial properties for sale in Farnham

Please enable JavaScript to view Google Maps...

Please enable JavaScript to view Google Maps...

View the performance or update the listing in CoStar

Contact agent

020 *** ****

When prompted enter this code:

Please supply a contact name

Please supply a valid email

Please supply either an email or phone number

Please supply a valid phone number

There was a problem submitting the form, please try later

By submitting this form, you accept our Terms & conditions & Privacy policy Please note that Realla will send the above details to the agents listed.

View the performance or update the listing in CoStar

Contact agent

020 *** ****

When prompted enter this code:

Please supply a contact name

Please supply a valid email

Please supply either an email or phone number

Please supply a valid phone number

There was a problem submitting the form, please try later

By submitting this form, you accept our Terms & conditions & Privacy policy Please note that Realla will send the above details to the agents listed.

Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Mellersh & Harding. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mellersh & Harding for full details and further information.