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Agent details

This property is listed with:
Levene Commercial
83 High Street Kingston Upon Thames
Telephone:
0208 977 6885
 

Full Details for Property for sale in East Molesey, KT8 :

This retail investment opportunity is situated on a prime high street position close to a number of national multiples including Tesco's and Subway. The ground floor retail premises are let to a private individual on a 10 year lease from 9th September 2015 at a passing rent of £17,500 per annum and are currently trading as a carpet store. Internally, the property is arranged over ground floor to have large open plan sales area to the front, with ancillary stores, offices, kitchenette and W/C to the rear and is in a recently refurnished condition throughout. A three month rent deposit (£4,375) is held as security and there is an upward only rent review at the expiry of the 5th year of the term. This opportunity is available by way of a new 999 yearlong leasehold interest at an asking price of £250,000, which reflects a 7% Gross Initial return.

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House Prices for houses sold in KT8 0DL

Stations Nearby

Esher
1.4 miles
Hampton Court
0.5 miles
Thames Ditton
1.0 mile

Schools Nearby

Hampton Court House (Senior School)
0.8 miles
Clarendon School
1.8 miles
The Lady Eleanor Holles School
2.0 miles
The Orchard School
0.2 miles
St Alban's Catholic Primary School
0.4 miles
St Lawrence CofE Aided Junior School, East Molesey
0.4 miles
Hinchley Wood School
1.7 miles
Esher College
0.9 miles
Esher CofE High School
1.7 miles