Investment for sale - Dog & Partridge, 92 Upper Village Road, Ascot, SL5 7AQ

<strong>Description</strong><br>The property comprises the ground and first floor of a two storey detached building with painted brick elevations beneath a part pitched and part flat roof.<br><br><strong>Virtual Tour</strong><br>Please see the link below to access the Virtual Tour:<br /> https://vt.ehouse.co.uk/tq9T6qPFWH2<br><br><strong>Tenure</strong><br>The property is held freehold (Title Number BK323664).<br><br><strong>Tenancy</strong><br>The entire property is let to two private individuals on a 20 year lease from 22 April 2022 at a current rent of £70,458 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 1% and cap of 4% (except in the open market review year). A rent deposit of £16,610 is held by the landlord.<br><br><strong>Planning</strong><br>The property is not listed or situated within a conservation area.<br><br><strong>VAT</strong><br>It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.<br><br><strong>EPC</strong><br>D - 81<br><br><strong>Terms</strong><br>We are instructed to invite offers in excess of £850,000 (7.85% NIY) assuming the usual purchaser's costs.<br><br><strong>Fixtures and Fittings</strong><br>The fixtures and fittings are currently owned by the occupational tenant.<br><br><strong>Money Laundering</strong><br>Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.<br><br><strong>Viewings</strong><br>All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.<br /> <br /> For further information and all viewing requests please contact the sole selling agents Savills.<br><br>