https://www.thelandsite.co.uk/files/properties/5f16f2634f2e11eaba390afeec538f48/1105-694b6545d2968203904046347294-c62f99092d4029f4951bad4c5ee1a2c9-img-6426.jpeg

Investment for sale in Chertsey

128-130 Guildford Street, Chertsey, Surrey, KT16 9AH
For sale
£299,000
curchod-co
This property is marketed by:
Curchod & Co
Description

128–130 Guildford Street, Chertsey comprises a ground floor freehold retail unit extending to approximately 1,167 sq. ft.

The retail accommodation is fully let to Mobile Screen Ltd on a 15-year lease commencing 18 September 2024, providing an income of £22,000 per annum. There is a tenant 5th year tenant break option and there are rent reviews every 5th year (2029, 2034). The lease is outside the Landlord & Tenant Act 1954.

The two residential flats above the retail unit have been sold off on long leases, each for a term of 125 years from 1 January 1996, producing a combined ground rent income of £100 per annum.

Location

Chertsey is an established Surrey town situated approximately 17 miles south-west of Central London and benefits from good connectivity via the A320 and M25 (Junction 11).

The property occupies a prominent position on Guildford Street, the town’s principal retail thoroughfare, in close proximity to a range of national and independent occupiers, local amenities and public car parks. Chertsey railway station is within walking distance, providing direct services to London Waterloo.

Key Points
  • Prominent town centre location
  • 15 year occupational lease dated 18th September 2024
  • £22,000 per annum passing rent
  • 5th yearly rent reviews
  • Close proximity to Chertsey station
Viewings

Strictly via appointment with the sole agents of Curchod & Co.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Legal Costs/VAT

Each side to be responsible for the payment of their own legal costs incurred in the letting.

Prices are quoted exclusive of VAT which may be charged.


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