Commercial investment for sale in Surbiton

177 Hook Road, Surbiton, Surrey, KT6 5AR
For sale
This property is marketed by:


The premises are on a site with a frontage to the east  side of Hook Road of approximately 18.94m or 62ft. 

The site has an area of approximately 0.305 acres or  0.123 ha.

The building at the front of the site comprises a retail  unit on the ground floor, let to KS&Co Accountants,  where part has been sublet to a dry cleaner/tailor. The  two floors of offices above are let to Network Kingston  Ltd as a serviced office centre. The building at the rear  comprises an industrial unit occupied by Halfords Auto  Centres Ltd. 

Between the two buildings is an open area of land  which provides access to the offices on the first and  second floors of the front building, and to the rear  industrial building plus a total of 19 car parking spaces.

Yearly rental income of £126,260.07


£1,850,000 for the freehold interest subject to the leases as described on the schedule below. After adding purchasers costs of 6.7% this shows a net initial yield on the current rents of 6.27%.

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