Shop for sale

2 Criterion BuildingsPortsmouth Road,Surbiton,KT7 0SS

£510,000
900 sq. ft.

Property Description

Commercial information

  • 900 sq ft (83 sq m)
  • Use class orders: A1 Shops

Key features

  • Investment for sale
  • shop on secure lease
  • 2 studio flats

Full description



2 CRITERION BUILDINGS, THAMES DITTON, SURREY, KT7 0SS

Freehold investment for sale. Fully-let shop (to excellent local covenant as part of an extended ceramic tile showroom) with 2 x studio apartments over in need of renovation with the benefit of vacant possession.



Located on the A307 Portsmouth Road connecting Kingston Town centre with Surbiton and Thames Ditton. Forming part of a high-visibility secondary parade of mixed retail units and supporting services & car showrooms. Close to the River Thames, the parade serves an affluent residential neighbourhood. Thames Ditton mainline stations are within a short walk and in addition major bus routes pass the door. By car the A3 is within a short drive and in turn provides swift access the M3, M25, Heathrow and City Centre.

2 CRITERION BUILDINGS, THAMES DITTON, SURREY, KT7 0SS

Freehold investment for sale, existing business unaffected. Benefitting from two studio apartments over in need of refurbishment, the shop is let on a secure lease dated 2012 for 12 years to a long-established retail and trade ceramic tile importer at a current passing rent of 10,400 per annum exclusive, review in 2016. The two studios are in need of refurbishment being separately accessed from the rear service-road leading to a secure yard and external staircase. Being located close to the University of Kingston campus this is an ideal opportunity to provide much needed residential accommodation.

Studio 1
Kitchen Diner some 15ft 03
Bedroom some 30' 06

Studio 2
Kitchen Diner some 15ft 03
Bedroom some 30' 06

SHOP LEASE: FRI granted in 2012 for 12 years to a long-established retail and trade ceramic tile importer due for review in 2016.

CURRENT RENT: 10,400 per annum exclusive for the shop

SALE PRICE: The freehold and associated shop lease is available for 510,000.

ENERGY PERFORMANCE: An EPC has been commissioned.

VIEWING: strictly by appointment through owner's Agents- milestone commercial 020 8977 5817





More information from this agent

Nearest stations

  • Thames Ditton (0.5 mi)
  • Surbiton (1.0 mi)
  • Hinchley Wood (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Milestone Commercial, Teddington

4 Vicarage Road, Teddington, TW11 8EZ

020 8012 5652 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Thames Ditton (0.5 mi)
  • Surbiton (1.0 mi)
  • Hinchley Wood (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Milestone Commercial, Teddington

4 Vicarage Road, Teddington, TW11 8EZ

020 8012 5652 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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