£350,000
(£388.89/sq. ft)
Retail premises for saleChurch Street, Esher KT10
900 sq. ft
About this property
Freehold Guide Price £350,000.
Freehold investment comprising a ground floor shop currently generating £25,000 p.a income, plus four flats currently producing £250 p.a. Ground rent per flat. Two of the flats are owned by our client and can be available with vacant possession, if required. Leases are 125 years from 2015. There is a service charge of circa £1,100 p.a. Per flat to include the ground rent, insurance etc.
The shop is let on a 10 year lease from 25th September 2020 to Polished Nails & Cocktails. The September 2025 rent review is pending and our client has already completed a certain amount of work on this.
The shop is well presented with a gross internal floor of circa 900 sq ft including a fitted Kitchen and W.C. A door from the kitchen leads to a side passage.
VAT is not payable in respect of the sale.
EPC commissioned.
Early viewings recommended.
Freehold investment comprising a ground floor shop currently generating £25,000 p.a income, plus four flats currently producing £250 p.a. Ground rent per flat. Two of the flats are owned by our client and can be available with vacant possession, if required. Leases are 125 years from 2015. There is a service charge of circa £1,100 p.a. Per flat to include the ground rent, insurance etc.
The shop is let on a 10 year lease from 25th September 2020 to Polished Nails & Cocktails. The September 2025 rent review is pending and our client has already completed a certain amount of work on this.
The shop is well presented with a gross internal floor of circa 900 sq ft including a fitted Kitchen and W.C. A door from the kitchen leads to a side passage.
VAT is not payable in respect of the sale.
EPC commissioned.
Early viewings recommended.
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Monthly repayment
£1,750 per month
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