Description
Attractive, large ground floor double fronted premises with rear access and parking with 2 residential flats (1x 1Bed & 1x 2 Bedroom) let on AST's Total Gross income £59,300 per annum. Gross annual rents are Shop £29,000 Flat a £18,000 Flat b £12,300 The shop has a 15y lease from September 2012 with 5yr reviews The first I passed so the rent ha remained fixed at £29k pa until September 2022 from which date Aiming for an increase to £37,500 yet to be accepted
Full Description
Double fronted centrally located freehold premises comprising; Large ground floor retail shop with rear access and parking. First floor – 2 Large double bedroom flat with private roof terrace. Top floor – stylish 1 bedroom apartment.
Location
SITUATED in a sought-after East Molesey location. Close to the River Thames and within easy access of schools, library, health and fitness clubs and East Molesey Village. Hampton Court Station (TFL ZONE 6) and Bridge Road with its bustling café's, restaurants, boutiques and antique shops is only a short distance away. There is also a nearby bus service, connecting with Kingston and Walton upon Thames.
Viewing
by appointment
Legal Costs
Both parties to settle their own legal costs
Planning
Further ground floor flat development opportunity subject to planning.
Floorplan
To discuss this property call:
Market your property
with Rawlinson & Webber
Book a market appraisal for your property today. Our virtual options are still available if you prefer.