£450,000
(£199.12/sq. ft)
Retail premises for sale98, Station Road, Addlestone KT15
2,260 sq. ft
EPC Rating: D
Freehold
About this property
Prime parade location
Ground floor retail unit
On-street parking nearby
Close to Addlestone Station
Nearby national occupiers – including Tesco Extra
Estimated Rates Payable: £12599
Description
An attractive freehold retail investment prominently positioned within a busy parade on Station Road, Addlestone. The property is let to Savers on a 5-year full repairing and insuring lease from November 2022. Situated within an established retail pitch benefiting from strong footfall and nearby national occupiers – including Tesco Extra, the property presents a well-located retail investment opportunity.
Location
The property is situated in a prominent position along Station Road, Addlestone, within a busy and well-established retail parade. The area benefits from strong pedestrian flow, nearby national and independent occupiers, and is within close proximity to Addlestone railway station, providing convenient access to surrounding towns and London.
Tenure Details
The property is held freehold and let to Savers under a 5-year Fri lease that commenced November 2022. The current passing rent is £31,350pa. The freehold title benefits from a the long leasehold of 98a which currently has 60 years until expiry paying a ground rent of £100pa.
An attractive freehold retail investment prominently positioned within a busy parade on Station Road, Addlestone. The property is let to Savers on a 5-year full repairing and insuring lease from November 2022. Situated within an established retail pitch benefiting from strong footfall and nearby national occupiers – including Tesco Extra, the property presents a well-located retail investment opportunity.
Location
The property is situated in a prominent position along Station Road, Addlestone, within a busy and well-established retail parade. The area benefits from strong pedestrian flow, nearby national and independent occupiers, and is within close proximity to Addlestone railway station, providing convenient access to surrounding towns and London.
Tenure Details
The property is held freehold and let to Savers under a 5-year Fri lease that commenced November 2022. The current passing rent is £31,350pa. The freehold title benefits from a the long leasehold of 98a which currently has 60 years until expiry paying a ground rent of £100pa.
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Monthly repayment
£2,251 per month
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