Property for sale in Worcester Park, KT4
Cheam Common Road, Worcester Park, KT4£500,000
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Full Details for Property for sale in Worcester Park, KT4 :
Mixed use investment opportunity comprising a ground floor retail premises and two bedroom maisonette above separately accessed from the side of the property. The ground floor retail premises in a recently refurbished condition that is let on a 10 year lease from 11th March 2015 at a passing rent of £14,000 per annum. A three month rent deposit (£3,500) held as security and there is a tenant break option at expiration of the fifth anniversary of the term. There is a well-proportioned maisonette arranged over ground, first and second floors levels and is of a good internal condition throughout to include gas central heating and double glazing. It is arranged as open plan kitchen/living, with separate bathroom/Wc and bedroom at first floor with a further large double bedroom and bathroom at second floor level. The maisonette is currently let on an AST agreement at £1150 pcm (£13,800 per annum). The combined rental income for the property is therefore currently £27,800 per annum and the maisonette may be considered under-rented. The property is for sale Freehold with the benefit of the existing tenancies and the ground floor shop investment may also be available independently at a price of £200,000.
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House Prices for houses sold in KT4 8QW
Stations Nearby
- Worcester Park
- 0.5 miles
- Stoneleigh
- 1.1 miles
- Malden Manor
- 1.2 miles
Schools Nearby
- Linden Bridge School
- 1.1 miles
- Sutton High School
- 2.0 miles
- Ewell Castle School
- 1.9 miles
- Cheam Common Infants' School
- 0.1 miles
- Cheam Common Junior School
- 0.1 miles
- Dorchester Primary School
- 0.3 miles
- Cheam High School
- 1.1 miles
- Coombe Boys' School
- 1.4 miles
- Richard Challoner School
- 1.4 miles
