Marketed by
Curchod & Co
Weybridge
54 Church St, Weybridge KT13 8DP, UK
Available
1 of 7
£575,000
154 Station Road / 1 Corrie Road, Addlestone, KT15 2BD
1466 sq. ft (136.2 m²)
Key features
- Ground floor café/play centre let at £17,500 per annum on a 20-year lease from May 2024
- Re-roofed with new slate covering with 15-year gurantee and new double glazed windows
- Newly fully refurbished to a high standard vacant two-bedroom, two-bathroom flat above. ERV of £19,500 per annum / Total ERV £37,000 per annum
Description
The property comprises a freehold mixed-use investment arranged as a ground floor retail unit with a newly refurbished two-bedroom flat above. It occupies a prominent corner position in Addlestone town centre, with nearby occupiers including Tesco, Domino’s and Wimpy.
The ground floor is let as a café and children’s play centre on a 20-year lease from May 2024 at £17,500 per annum. The lease provides for five-yearly upward-only rent reviews to the higher of open market rent or RPI, with tenant and landlord break options in years 10 and 15. The lease is contracted outside the Landlord and Tenant Act 1954.
The first floor flat is self-contained, newly refurbished and unused. It will be sold with vacant possession and has an estimated rental value of £19,500 per annum. The flat may appeal to owner occupiers, buy-to-let investors or HMO investors, subject to the necessary consents and licences. There is additional loft space.
Unit Name: g | 687 sqft |
Unit Name: 1st | 779 sqft |
The ground floor is let as a café and children’s play centre on a 20-year lease from May 2024 at £17,500 per annum. The lease provides for five-yearly upward-only rent reviews to the higher of open market rent or RPI, with tenant and landlord break options in years 10 and 15. The lease is contracted outside the Landlord and Tenant Act 1954.
The first floor flat is self-contained, newly refurbished and unused. It will be sold with vacant possession and has an estimated rental value of £19,500 per annum. The flat may appeal to owner occupiers, buy-to-let investors or HMO investors, subject to the necessary consents and licences. There is additional loft space.
Unit Name: g | 687 sqft |
Unit Name: 1st | 779 sqft |
Reference: 372397_sales
Download Sales Details
Marketed by
Curchod & Co
Weybridge
54 Church St, Weybridge KT13 8DP, UK
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