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141 London Road, Norbiton, Kingston Upon Thames, London, KT2

£1,000,000

£379.22 per sq ft

Business rates & charges may apply

Whozoo, London
SIZE AVAILABLE

2,637 sq ft

245 sq m

SECTOR

Commercial development for sale

Floor/Site plan 1
1

Key features

  • Freehold mixed-use building with retail and residential components
  • Prime central Kingston location, 5 minutes from the shopping centre
  • Partly let, generating £65,400 p.a., with ERV of £110,000 p.a.
  • Planning application submitted to convert upper parts into 5 flats (Ref: 24/00605/FUL)
  • Excellent value-add and development potential with GDV estimated at £1.5M

Description

Freehold mixed-use property in the heart of Kingston- upon-Thames, 5 minutes walk from the shopping centre.

The property comprises a ground floor retail unit with a 3 x flats above. The property is partly tenanted with an income of £65,400 per annum. The ground floor retail unit is currently vacant and the flats require modernisation.

The property presents itself as a great value add opportunity with an estimated rental value of £112,000 per annum and GDV of £1,500,000

There is an application that has recently been refused for the conversion of the existing flats to create 5 x flats and retain the commercial (Planning Reference: 24/00605/FUL).

The property has clear development potential for an additional storey and extension to the rear.

Offers in excess of £1,000,000 will be considered.

Brochures

141 London Road, Norbiton, Kingston Upon Thames, London, KT2

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kingston Station0.4 miles
  • Norbiton Station0.4 miles
  • Hampton Wick Station0.8 miles

About Whozoo, London

Unit 2, 2 Delacourt Road, London, SE3 8XA

Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential.

Notes

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Disclaimer - Property reference LON000993. 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 Whozoo, London. 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.

Map data ©OpenStreetMap contributors.

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