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Green Lane, Addlestone

PROPERTY TYPE

Detached

BEDROOMS

3

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Miles & Bird are delighted to offer for sale an attractive and well maintained Victorian building as a Freehold Investment Opportunity.

The building consists of:

Barber Shop - A modernised shop premises operating as a long-established Barber business.
Held on a lease of 125 years with peppercorn rent, effective 2017.
EPC C

Lower Flat - A modernised two-bedroom ground floor garden flat (approx. 50 m2 / 538 ft2), with own private entrance via gated access off Chapel Park Road to an enclosed private patio garden measuring approx. 23 x 12ft.  
Held on a long lease of 125 Years from 25th March 2017, ground rent £250 pa.  
Subject to an AST, the current tenant has been in occupation since May 2018. 
Rent = £12,000 per annum. 
Rent review discussed and agreed, further details available on request.   
EPC C  

Upper Flat - A modernised one bedroom, first floor, split-level character conversion flat with its own side entrance accessed via Chapel Park Road (approx. 42 m2 / 452 ft2).   
Subject to an AST, current tenant in occupation since August 2017
Rent = £10,500 per annum.
EPC D

Total income for the building £22,500 per annum. 

Location:  Located in a desirable part of Addlestone, the building occupies a visible corner junction of Green Lane and Chapel Park Road, just over half a mile from the town centre which has recently undergone a major regeneration programme .  The area is well connected with mainline train stations of Addlestone (0.6 miles), Chertsey (1.0m) and Byfleet and New Haw (1.8m), and by road the A317 is within a short driving distance and leads to the M25 orbital road at junction 11. 

NB Internal photographs taken prior to the tenancies (Upper Flat 2017 and Lower Flat 2018).

Brochures

Full Details

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Green Lane, Addlestone

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Addlestone Station0.5 miles
  • Chertsey Station1.1 miles
  • Byfleet & New Haw Station1.8 miles
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About the agent

Miles & Bird, East Molesey

12 Bridge Road, Hampton Court, KT8 9HA

Miles & Bird, East Molesey

With over 50 years of shared industry experience covering South West London and Surrey, Andrew Miles and Naz Bird bring their collective wealth of property knowledge to your door. Miles & Bird are a private independent estate agency with a beautiful office in the vibrant Hampton Court area, are proud members of The Guild of Property Professionals, and have 5 star Google Reviews. Call Miles & Bird to arrange your valuation and market appraisal. #knowledge #integrity #results.

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Disclaimer - Property reference 12190848. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miles & Bird, East Molesey. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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