Guide price
£749,950
(£317.74/sq. ft)
Land for saleBridge Street, Walton-On-Thames KT12
2,360 sq. ft
About this property
Mixed-use freehold sale
2x commercial units
Four-bedroom split level flat
Parking to the rear
Town centre location
Available with no onward chain
Dexters are delighted to present for sale a mixed-use freehold investment opportunity featuring two let commercial units on the ground floor and a split level four-bedroom self-contained maisonette.
Located within the heart of Walton-on-Thames within 180 meters of The Heart Shopping Centre, featuring a plethora of local shops, coffee shops, restaurants, public houses and supermarkets including Waterstones Book Shop, Caffe Nero, Wagamama, aldi and Sainsbury's. There are numerous river walks and bike rides along the Thames which is within 344 meters.
Commercial Unit 1 - Let to Mañana, a Mexican restaurant on a newly signed 5-year commercial lease with a Passing Rent of £18,000 per annum.
Commercial Unit 2 - Let to Tops Pizza, with a Passing Rent of £16,200 per annum.
The split-level four-bedroom self-contained maisonette occupies the first and second floor, two of the four rooms are independently let achieving a combined Passing Rent of £17,280 per annum. The combined Estimated Rental Return (erv) for the vacant two-rooms is £18,000 per annum.
Combined Potential Passing Rent £69,480 per annum, representing a Gross Yield of 9.26%.
Tenure - Freehold hm Land Registry Title Number SY306589.
Available with no onward chain.
Located within the heart of Walton-on-Thames within 180 meters of The Heart Shopping Centre, featuring a plethora of local shops, coffee shops, restaurants, public houses and supermarkets including Waterstones Book Shop, Caffe Nero, Wagamama, aldi and Sainsbury's. There are numerous river walks and bike rides along the Thames which is within 344 meters.
Commercial Unit 1 - Let to Mañana, a Mexican restaurant on a newly signed 5-year commercial lease with a Passing Rent of £18,000 per annum.
Commercial Unit 2 - Let to Tops Pizza, with a Passing Rent of £16,200 per annum.
The split-level four-bedroom self-contained maisonette occupies the first and second floor, two of the four rooms are independently let achieving a combined Passing Rent of £17,280 per annum. The combined Estimated Rental Return (erv) for the vacant two-rooms is £18,000 per annum.
Combined Potential Passing Rent £69,480 per annum, representing a Gross Yield of 9.26%.
Tenure - Freehold hm Land Registry Title Number SY306589.
Available with no onward chain.
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