https://www.thelandsite.co.uk/files/properties/7be995cae23911ea98240afeec538f48/1385-62da0f5883044345104491.jpeg
Finance

Finance

Insurance

Insurance & Building Warranties

Shop unit for sale in East Molesey

144 Walton Road, East Molesey, Surrey KT8 0HP | Ref: 2990
For sale
£750,000

COMMON USE CLASS: A1 Shops

franklin-commercial
This property is marketed by:
Franklin Commercial

Location


Situated in the popular and sought after East Molesey Village. Hampton Court is close by which has many more shops and cafes along with the TFL Zone 6 Railway to London Waterloo.


Description


Freehold Guide Price £750,000.

Excellent opportunity to purchase a fully let three storey freehold Investment property.

The ground floor is currently let to a Restaurant operator at a rent of £15,000 p.a. and measures approximately 660 sq ft. The restaurant is long established and has been opened up into the adjoining property. A new 15 year lease was granted from 31/01/2021 with 3 yearly rent reviews ( the next review will be 12/2023.)

Access to the flats can be found to the rear of the property and each flat has their own external front door.

Both flats are let on AST agreements. Flat measurements can be provided upon request.

Flat One, 196 Walton Rd (first floor) - £850 p.c.m. The flat has a large hall way, kitchen, living room, bedroom and shower room/W.C. (The current Tenant has split the living room area to create two bedrooms and so the flat currently does not have a living room area.)

Flat Two, 196 Walton Rd (second floor) - £1,320 p.c.m. Two good size bedrooms, both with an en-suites, one being a bath and another a shower room. The flat is split level, has a spacious feel and is presented in good decorative condition. 

Total annual income from investment - £41,040.00 .

Ground floor EPC - Band C.


General information

Tenure:

Freehold

Price/premium:

£750,000

Legal fees:

Each party to bear their own


Features

  • Fully let investment
  • High Street location
  • Mixed use investment
  • On street parking



Call Agent

Find Professionals in your search area

Contact us via [email protected]