Key features
- Fully let, mixed commercial/residential investment in attractive local parade.
- Comprising shop with basement and 2 parking spaces plus two upper flats.
- Freeh£10,000 p.a. rental income from shop with upward only rent review in April 2019.old Guide Price £275,000.
- Two upper flats sold on 999 year leases with approximately 995 years unexpired- (£100 p.a. ground rent per flat, rising to £200 in approximately 10 years).
- BUSINESS UNAFFECTED - Please view only by appointment and do not disturb the shop tenant - 020 7117 2526.
Description
Attractive 3 storey property comprising shop with basement storage and two rear parking spaces plus two upper flats. The flats have been sold on 999 year leases and the shop is let on a 20 year lease, currently producing £10,000 p.a. with the next rent review in April 2019. The shop premises measure approximately 520 sq ft in total, comprising a retail area of 360 sq ft with Kitchen behind of approx' 75 sq ft, plus passageway with W.C. off. Additionally there is a small basement for storage with good ceiling height. Externally there is a small rear yard area and two parking spaces.
Location
| Busy parade in affluent village with free parking outside. Close to the junction with A246 (Epsom Rd) and within easy access of Horsley Station. |
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