Freehold investment / development opportunity with planning granted to create an additional 2 x flats at the rear of this existing shop and uppers
Details - LOCATION
The property is located on the Leatherhead Road in Chessington, ideally located with excellent transport links to the A3 and M25 (junction 9 & 10).
Chessington North and South train stations are both within a short walk providing direct links to London Waterloo with a journey time of approx. 35 minutes. Furthermore, there are multiple bus routes that serve the local and regional area. DESCRIPTION
An end of terrace mixed use property comprising ground floor retail and workshop with a refurbished 2 bad flat above.
Planning has now been granted by Kingston Borough Council Ref: 18/10387 for ....
Demolition of existing single storey rear extension and erection of single storey rear extension to existing business premises. Alterations to existing ground floor flat and installation of first floor roof terrace. Demolition of existing single storey building at rear and erection of two storey building providing 2x flats
The existing flat is currently let on an AST producing £13,500 p/a expiring April 2019, The rest of the property is vacant.
A data room is available on request.
The proposed and finished development will comprise
Commercial Unit: 61.2 sq m
Flat A (1 bed + box room): 58.4 sq m
Flat B (3 bed): 74.3 sq m
Flat C (1 bed): 52.8 sq m TERMS
We are instructed to seek offers for the Freehold interest
Guide Price £500,000