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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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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