Guide price
£350,000
Industrial for sale50 High Street, Walton On Thames KT12
Freehold
About this property
Investment Opportunity
Fully Let & Income Producing
High Street Location
Gf Commercial + 1st Floor Storage
Major Retailers Nearby
Future Conversion Potential STP
Viewings Available
Sole Agents
Fully Let High Street Investment opportunity For Sale - Circa 8% yield
Description
Freehold High Street investment opportunity
The property comprises ground floor commercial space and part of the first floor to the rear, the first floor unit to the front is not part of sale and is under separate ownership. Currently occupied and trading as a Nail / Beauty parlour.
Location
Situated within a busy mixed use parade:
Road Networks
Walton-on-Thames boasts excellent road connections, with its proximity to major routes enhancing its accessibility:
A308 and A309: Located nearby, providing convenient local access
M3 Motorway: Easily accessible, facilitating longer-distance travel
A3: Links to the M25 orbital motorway and Central London
Rail Services
The town's transportation options are further bolstered by its robust rail links:
Walton-on-Thames Station: Offers regular train services
Destination: London Waterloo
Journey Time: Approximately 25 minutes
Lease
We understand the property to be let on the below terms (lease and supporting docs to follow)
- 15 yr Fri Lease inside L&T from 7th November 2023 with a passing rent of £28,000 per annum
- Break clause: 6th November 2028 - Rent review: November 2030
Planning
Use class E
Future development possible subject to planning to convert the rear into residential
Terms
Guide Price £350,000
Viewings
Contact Sole Agents Christopher St James
Description
Freehold High Street investment opportunity
The property comprises ground floor commercial space and part of the first floor to the rear, the first floor unit to the front is not part of sale and is under separate ownership. Currently occupied and trading as a Nail / Beauty parlour.
Location
Situated within a busy mixed use parade:
Road Networks
Walton-on-Thames boasts excellent road connections, with its proximity to major routes enhancing its accessibility:
A308 and A309: Located nearby, providing convenient local access
M3 Motorway: Easily accessible, facilitating longer-distance travel
A3: Links to the M25 orbital motorway and Central London
Rail Services
The town's transportation options are further bolstered by its robust rail links:
Walton-on-Thames Station: Offers regular train services
Destination: London Waterloo
Journey Time: Approximately 25 minutes
Lease
We understand the property to be let on the below terms (lease and supporting docs to follow)
- 15 yr Fri Lease inside L&T from 7th November 2023 with a passing rent of £28,000 per annum
- Break clause: 6th November 2028 - Rent review: November 2030
Planning
Use class E
Future development possible subject to planning to convert the rear into residential
Terms
Guide Price £350,000
Viewings
Contact Sole Agents Christopher St James
Mortgage calculator
Monthly repayment
£1,750 per month
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