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Brighton Road, Surbiton, Surrey, KT6

£925,000

£493.33 per sq ft

Business rates & charges may apply

Dexters Development & Investment, South London
SIZE AVAILABLE

1,875 sq ft

174 sq m

SECTOR

3 bedroom mixed use property for sale

Key features

  • Freehold sale
  • Mixed-use investment opportunity
  • Partially let "turnkey" property
  • Combined Passing Rent £65,000 per annum
  • 3x. one-bedroom self-contained flats
  • Close proximity to Kingston-upon-Thames

Description

Dexters are delighted to introduce for sale the freehold of a partially let "turnkey" mixed-use investment opportunity located in Surbiton, Greater London KT6, featuring a commercial/retail unit and 3x one-bedroom self-contained flats.

Combined Area Approx. 174.1 sqm (1,875 sq. ft).

The ground floor commercial/retail unit is let to Zen Shiatsu Therapy Massage, whilst the 3x one-bed flats are currently let on Assured Shorthold Tenancy Agreements.

Combined Passing Rent £65,000 per annum, which represents a Gross Yield of 7.03% at the Guide Price.

Located within the Royal Borough of Kingston, the development is situated within 350 meters of Surbiton town centre with its plethora of shops, restaurants, public houses, bars and coffee shops including Waitrose and Sainsbury’s supermarkets, M&S Simply Food, Zizzi Restaurant, Pizza Express and Café Nero.
Surbiton is located on the banks of the River Thames and is within 1.5 kilometres of the historic town, Kingston-upon-Thames. Surbiton railway station is located within 600 meters, served by Southwestern Railway and providing direct trains to London Waterloo within 20 minutes and to Guildford within 40 minutes.

** Please note: Flat 101C is currently vacant and the figures above are only indicative and not a true reflection of the current passing rent. We anticipate that these figures will be updated as soon as that flat has be re-let.**

Tenure
Freehold - HM Land Registry Title Number SY164950
Flat A - HM Land Registry Title Number SGL519235
Lease 99 years from 25.03.1988
Flat B - HM Land Registry Title Number SGL513651
Lease 99 years from 25.03.1988
Flat C - HM Land Registry Title Number SGL714723
Lease 125 years from 25.03. 2009

Energy Performance Certificates

Flat 101A - EPCFlat 101B - EPCFlat 101C - EPC

Brochures

Brighton Road, Surbiton, Surrey, KT6

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Surbiton Station0.3 miles
  • Thames Ditton Station1.2 miles
  • Berrylands Station1.4 miles

About Dexters Development & Investment, South London

Dexters Wimbledon, 12 The Broadway London SW19 1RF

Our dedicated team of specialists have a well-established track record in gaining our clients more than the market value for land/development/investment projects and new developments in London. We are members of RICS and our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Notes

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Disclaimer - Property reference 101BrightonRoad. 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 Dexters Development & Investment, South 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.