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High Road, KT14

Guide Price
£1,200,000

£2400.00 per sq ft

Business rates & charges may apply

Franklin Commercial, Surrey
SIZE AVAILABLE

500 sq ft

46 sq m

SECTOR

2 bedroom mixed use property for sale

Key features

  • Development potential
  • Local Parade
  • Fully let investment

Description

An attractive opportunity to acquire a fully let mixed-use investment generating a current total annual income of £76,700.

This investment comprises two ground floor retail units forming part of a small local parade; one of the units is let to The Ironing Studio at a current rent of £15,000 per annum, while the other is occupied by a nail salon at £12,500 per annum.

To the rear of the shops is a detached commercial unit, currently let to a physiotherapist at £18,000 per annum, which also provides a potential development opportunity.


Above the shops are two self-contained residential flats, both let on assured shorthold tenancy agreements. The first flat is a one-bedroom unit let at £1,250 per calendar month, equating to £15,000 per annum. The second is a two-bedroom flat achieving £1,350 per calendar month, equating to £16,200 per annum. Parking is also available at the rear of the property.

Copies of leases can be supplied to interested parties after initial inspection.

Early viewings recommended- please do not disturb the current tenants and arrange access through Franklin Commercial only.

Brochures

High Road, KT14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Byfleet & New Haw Station0.8 miles
  • West Byfleet Station1.3 miles
  • Weybridge Station1.8 miles

About Franklin Commercial, Surrey

Surrey

Franklin Commercial are one of the few Commercial Estate Agents in London & the South East successfully handling the letting and sale of both commercial property and businesses over a wide area. We are focused entirely on offering the best possible service for the letting or sale of your commercial property or business and are members of The National Association of Estate Agents and The Property Consultants Society.

Notes

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