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Farnham

Hurlands Picket Ball & Padel Club 6 Farnham Trading Estate, Farnham, Surrey, GU9 9NN

investment for sale. niy 7.5%

For Sale

  • Investment
  • 57,235 Sq Ft
  • 8,500,000
  • Business Rates: £3.80 Per Sq Ft Approx. Guide figure only. RV currently being reviewed.

Prime Leisure/Warehouse - Investment Opportunity. Low cap value of £148 psf.

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Key Features

  • One of the UK’s largest indoor pickleball and padel leisure clubs.
  • Let to Hurlands Ltd on a new 15 year lease from Feb 2026
  • 5 yearly upward only rent reviews, with CPI rent increases (1.00% collar and 5.00% cap).
  • Low passing rent of only £12.82 per sq ft.
  • 3.4 acre site with 133 parking spaces.
  • Min 6m eaves
  • Planning consent for Use Classes; E ( Business and Leisure), B8 (Storage) and B2 ( Gen Ind)

Property Description

Unit 6 comprises a self contained industrial/warehouse building on its own secure 3.4 acre site. The property is leased to Hurlands Pickleball & Padel Club, established as one of the UK’s largest indoor pickleball and padel venue

The tenant has invested heavily in a comprehensive fit-out of the property, transforming the building into a high-quality, purpose-built leisure and sporting facility.

The facility provides 17 indoor padel and pickleball courts, alongside dedicated fitness and wellbeing studios and a range of complementary amenities, including a restaurant, bar and café. The extensive facilities and significant tenant investment provide a modern, well-established leisure destination with a strong operational offering.
Specifications
The property benefits from the following amenities:
- 3.4 acre site with 133 parking spaces.
- New warehouse heating and lighting.
- Internal eaves height of 6m and ridge of 7.5m.
- Raised access floors and suspended ceiling to the offices.
- Comfort cooling/air conditioning.
- 25 year main roof guarantee.
- Planning for a mezzanine floor of 43,000 sq ft.
Viewings
Appointment only through the joint sole selling agents Hurst Warne and TT&G Partners.
Terms
Long leasehold sale: The property is offered for sale by way of a 125-year long leasehold interest from Waverley Borough Council from 22 August 2025 to 21 August 2150 (approx. 124 years unexpired). The property is fully let to Hurlands Ltd on a new 15 year lease from Aug 2025 with no breaks.

Further information on the LLH terms are available from Hurst Warne.
Occupational Tenancy. Let to Hurlands Ltd.
- Let on new 15-year FRI lease from February 2026 (no breaks).

- Rent reviews: 5 yearly upward only rent reviews, with increases CPI compounded annually with a 1.00% collar and 5.00% cap.

- Rent deposit: 1 year rent deposit till Aug 2028.

Full information on the occupational lease and rent terms are available from Hurst Warne.

Accommodation

Name/FloorSq FtSq MAvailability
Ground Industrial/Warehouse51,7164,804.57Let
1st Offices/Ancillary5,519512.73Let
Total57,2355,317.31 

Location

The property is in Farnham, an affluent market town in the Southeast of England. Farnham town centre and all its shopping and leisure amenities are within 1 mile.

The estate has excellent accessibility from the A31 Hogs Back which offers a direct route to the South Coast and the A3. The nearby A331 provides a direct dual carriageway link to Junction 4 of the M3 Motorway.

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Additional Information

Property TypeInvestment
TenureFor Sale
Size57,235 Sq Ft GIA
Business Rates£3.80 Per Sq Ft Approx. Guide figure only. RV currently being reviewed.
PriceOffers in excess of £8,500,000
Energy Performance RatingThis property has been graded as A (22)

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