A rare opportunity to acquire a freehold mixed use investment on Wey Hill in Haslemere, comprising two commercial units, a one bedroom flat and a two bedroom flat, together with rear access and parking for four cars. The property benefits from multiple established income streams, offering diversification within a single freehold asset.
The commercial units comprise 98 Wey Hill, let on a five-year lease from August 2022 at £12,000 per annum and 100 Wey Hill, recently let at £10,800 per annum. The one bedroom flat at 98a is let at £800 pcm and the two bedroom flat at 100a is let at £1,295 pcm, providing a combined current rental income of approximately £47,940 per annum.
The property has benefited from recent improvements including a new roof and replacement windows to the flats. Situated in an established and popular part of Haslemere, Wey Hill provides a range of local shops and amenities, with the town also benefiting from strong commuter links and its proximity to the Surrey Hills.
Offered by auction, the property represents an attractive opportunity for investors seeking an income-producing freehold asset with established tenants, multiple income streams, parking and potential for future rental growth.
Auction
To be sold by online auction (unconditional) on Wednesday 30th September 2026 with a 6 WEEK COMPLETION, bidding will open at 10.00.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure
Freehold with tenants in situ.
Tenancies
98 - Let on a 5 year lease from August 2022 at £12,00pa
98A - Let on an AST at £800pcm
100 - Let on an AST at £10,900pa
100A - Let on an AST for £1,295pcm from 8/1/26
EPC rating
98 - TBC
98A - TBC
100 - C
100A - D
Business rates as of 1st April 2026
98 - £11,250 Shop and premises 100 - £8,500 Shop and premises
Council tax band
Waverley 98A - B 100A - C
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Additional fees
A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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