29-31 Baker Street, Weybridge, KT13

Summary

For Sale Freehold Restaurant Investment

Location

The property is located in a prominent trading position in Baker Street which is conveniently situated in the centre of the town near to the junction of Church Street and the High Street, the towns main retailing thoroughfare which includes retailers such as W H Smith, Boots and Waitrose.

Junction 11 of the M25 motorway is approximately 3 miles away providing good access to both Heathrow and Gatwick Airport and the wider national motorway network.

Weybridge mainline railway station provides access to London Waterloo with a journey time of approximately 30 minutes.

Tenancy

The whole of the property is let to a private individual (by assignment) with the term expiring 24th March 2031 with the annual rent at £18,200 per annum exclusive on a full repairing and insuring lease.

Tenure

Freehold subject to existing leasehold interest of the whole.

Legal Costs/VAT

Each party to be responsible for the payment of their own legal fees incurred in the sale. The property is not elected for VAT.

Income producing investment

Prominent location

Redevelopment potential subject to planning on reversion of current lease