Property for sale in New Malden, KT3
High Street, New Malden, KT3£495,000
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Full Details for Property for sale in New Malden, KT3 :
Fully let freehold investment situated in a prime High Street position. This mid terraced A2 retail unit is arranged over ground and 1st floor levels and is let entirely to William Hill Organisation Limited on a 15 year lease from 03.09.2010 at a current passing rent of £23,500 pa. The property is located on the east side of New Malden High Street directly opposite McDonalds and approximately 300 metres from New Malden train station with other nearby occupiers including Boots Opticians, Waitrose, Tesco, Costa Coffee, Specsavers Opticians and a number of High Street banks. There is an outstanding rent review from 03.09.2015 currently under negotiation and a break clause in September 2020. In our opinion, the property may offer some development potential to extend to the rear and/or obtain alternative uses such as residential at 1st floor level subject to vacant possession and the necessary planning permissions.
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House Prices for houses sold in KT3 4ET
Stations Nearby
- Berrylands
- 1.1 miles
- New Malden
- 0.2 miles
- Motspur Park
- 0.8 miles
Schools Nearby
- Blossom House School
- 1.6 miles
- The Norwegian School in London
- 1.7 miles
- Linden Bridge School
- 1.9 miles
- Burlington Junior School
- 0.4 miles
- Burlington Infant and Nursery School
- 0.4 miles
- Christ Church New Malden CofE Primary School
- 0.4 miles
- Coombe Girls' School
- 0.7 miles
- Coombe Boys' School
- 0.6 miles
- The Holy Cross School
- 0.3 miles
