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23-27 High St 1,987 SF 100% Leased Retail Building Cobham KT11 3DH $2,535,903 ($1,276.25/SF)

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INVESTMENT HIGHLIGHTS

  • Retail investment
  • Let to Joe & The Juice & Barnes Pantry
  • Comprising 2 ground floor shops

EXECUTIVE SUMMARY

2 ground floor lock-up shops benefitting from one car parking space each located in the rear secure gated car-park. The left-hand side premises has undergone a full fit out by Joe and the Juice to their recognisable specification. The right-hand side shop is occupied by Barnes Pantry which have been trading for over 35 years.
Tenancies
23 High Street
Let to Joe & The Juice UK Ltd for a term of 10 years commencing January 2023. at £75,000 pa exclusive. The lease is subject to an upward only rent review at the end of the 5th year. There is a tenant break option at the end of the 5th year upon providing 6 months notice and subject to payment of main rent only. The Lease is held within the Landlord & Tenant Act 1954. The tenant will receive a 6 month rent free period, to be taken as 3 months rent free from completion followed by 6 months at half rent. The rent will be paid monthly in advance.
27 High Street
Let to Easn Ltd t/as Barnes Pantry on a 10 year full repairing and insuring lease at £50,000 pa with an upward only rent review and a tenant only break in the 5th year.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,987 SF
Building Class
B
Year Built
1999
Price
$2,535,903
Price Per SF
$1,276.25
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.12
Lot Size
0.38 AC

AMENITIES

  • Energy Performance Rating - D
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Barnes Pantry
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
  • Accommodation and Food Services
  • -
  • -
  • -
  • Jan 0000

Joe & the Juice is a Danish food & beverage company founded in central Copenhagen in 2002 by Kaspar Basse. Using high-quality, natural and organic ingredients, Joe & the Juice offers freshly prepared juices, shakes, coffee, sandwiches and salads. In Joe & the Juice they are committed to internal development and education. Joe & the Juice's 100% focus on employee development has created a unique atmosphere within their stores, allowing guests a place work and socialize while enjoying their healthy menu selection. By also leveraging its strong tech processes, which includes a commitment to internal IT development, Joe & the Juice has been able to develop a strong global presence. The company has a growing presence in Europe, Asia and is expanding heavily in the US market. Their fundamental purpose is to build a healthy life for their employees and guests, filled with aspiration and meaningfulness.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Barnes Pantry Retailer - - Lorem Ipsum Jan 0000
Accommodation and Food Services - - - Jan 0000

NEARBY MAJOR RETAILERS

Costa Coffee
Pret A Manger
Barclays Bank
Sainsbury's
TGI Fridays
Giggling Squid
Côte Brasserie
Waitrose & Partners
Santander
Caffè Nero
  • Listing ID: 34658949

  • Date on Market: 1/30/2025

  • Last Updated:

  • Address: 23-27 High St, Cobham KT11 3DH

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