Commercial Property for sale20 Coombe Road, Kingston Upon Thames, Surrey, KT2
Under Offer £680,000
The property is located on the south side of Coombe Road 0.2 miles from Norbiton BR Mainline Station. Coombe Road is an arterial route linking Kingston Upon Thames (westbound) and Raynes Park eastbound.
The parade comprises a mixture of independent retailers and benefits from a good footfall due its proximity to the station.
A three storey, mid- terraced, mixed use property with an A2 commercial tenant to the ground floor and residential accommodation to the first and second floors. Access to the commercial is available via Coombe Road and Chatham Road. A separate entrance is available for the residential on Coombe Road.
The commercial unit occupies the following approximate net internal floor area
Retail Space 437 sq ft 40.60 sqm
External Storage 115 sq ft 10.70 sqm
The residential flat occupies the following approximate gross internal floor area:
First/Second Floor 899 sq ft 83.5 sqm
Tenancy Retail: The ground floor retail unit is currently occupied by Harper & Tweedie Ltd, an independent property agency. The rental income generated from the commercial space is £15,000 per annum, expiring in October 2018.
Residential: The residential flat will be vacant.
Offer in the region of £680,000 (Freehold)
VAT may be applicable on this property.
We have been advised that as of April 2010 the rateable value of the property is £11,500. Rates payable for this financial year are estimated to be in the region of £5,500.
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