04/04/2013

THERE IS LIFE IN THE MARKET

POSTED IN General

Acting on behalf of Farragon Investments Limited, Wadham & Isherwood (Farnham) have successfully concluded negotiations with CBRE acting for Reef Estates Limited, in acquiring the freehold interest of the above corner property previously occupied by the Alliance & Leicester Building Society.   The acquisition includes No. 20 The Borough which is currently income producing let to Headmasters Hairdressers Group.  The property is situated in an extremely prominent location on the corner of the main shopping street The Borough at its junction with the Woolmead, Bear Lane and South Street.

Wadham & Isherwood acting jointly with Gooch Cunliffe Whale are now tasked to find a tenant for the ground floor accommodation which totals approximately 1,200 sq.ft. of floor space plus ancillary having extensive window frontage, the property having the benefit of either retail or A2 use (professional services).  The agents are offering a new lease. 

Farragon Investments Limited intend to convert the upper floors to provide a number of self contained flats subject to obtaining planning. 

Further details of the available accommodation can be obtained by contacting Geoff Reeve geoff@wandi.co.uk