Fully let investment.
Extended and nicely presented shop with large 2/3 bedroom self- contained flat over.
Freehold guide price £595,000.
Shop let at £13,000 p.a.
Flat let at £1,200 p.c.m. on a 2 year AST agreement.
Energy Performance Certificate:
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Site Reference 2460
Address 366, Walton Road
Town West Molesey
Area Surrey
Postcode KT8 2JE
Location Map Open map in a new window
Price/Premium £595,000.00
Tenure Freehold
Rent £27,400 p.a total rental income.
Lease Details The shop lease is due to be completed imminently - 3 year FRI lease drafted within the Landlord and Tenant Act 1954. The flat above is currently being let at £1,200 p.c.m. on a two year AST agreement.
Location Local parade in densely populated area - please see map.
Premises
A mid terrace property with modern shop front and rear extension providing workshop space which could also be utilised for additional retail or office space if required. There is a spacious and beautifully presented flat above which has been extended into the loft and is accessed from the front via a door to the side of the shop. SHOP : RETAIL AREA of approximately 510 sq ft with passage leading to WORKSHOP/STORE of 425 sq ft with personal door and garage door to rear service road - there is a W.C. off the passage. FLAT : Living Room 16' 9" x 16'3" with door to decked area. Kitchen 9' x 7'4" nicely fitted with granite work tops etc. Bedroom 11' 9" x 10'3". Bedroom 7' x 6'2". Well appointed Shower Room. Loft Room 28'3" x 5' (measured to 1.5m height - sloping ceilings).
Rateable Value The VOA web site states a RV for 2017 of £4,500 (shop), payable at the prevailing rate.
Listed Features
- Workshop
- Outdoor Space
- Office
- Showers
- Kitchen
- No FRI Lease
- General Retail
- Modern Design
