The property is a mid-terrace two-storey building within a retail parade. The first floor is a residential flat which has been “sold off” on a long leasehold interest of 190 years, from 1980 to 2169. The ground floor retail unit benefits from vehicular access to the rear.
Key Features
Cobham is an affluent area of Surrey, 17 miles south west of central London with a range of retail and restaurant offering.
The property is a ground floor retail unit.
Let to Lodge Brothers (Funerals) Ltd at £30,000 per annum.
Tenant has been in occupation since 2013.
A purchase at this level shows a net initial yield of 9.06%.
Retail investment property for sale or to let in Cobham
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