Dorking is an affluent commuter town, located 27 miles south of London. The Property is situated within Dorking Office Park, immediately adjacent to Dorking West Railway Station.
The Property provides a 12,135 sq ft office building, which was fully refurbished in 2018. The building is accessed via an imposing full height glazed reception. The offices benefit from excellent floor to ceiling heights including 3.5 metres at ground floor and 2.6 metres at first floor. There are a total of 41 car parking spaces, across surface and undercroft levels.
Fully let to four tenants including, Cordell & Co Solicitors, Trentham Invest, Shift F7 and Field Systems. The property is let off a low average rent of £21.00 per sq ft. We are of the opinion that the income is reversionary to £25.00 per sq ft, which has been achieved on the Park since lockdown.