97 Station Road, Addlestone, KT15 2BN
1,116 Sq Ft / Other / Investment
For Sale
- £415,000.00
Under Offer - Last updated: 09 July 2024
Summary
The property comprises a ground floor E-class premises, currently utilised as a bank with ancillary offices, complete with kitchen and WC facilities with additional storage areas. The upper parts are included in the lease and comprise a self contained flat, comprising of 2-rooms, kitchen and bathroom, accessible via a staircase situated at the rear of the property. The property has parking to the side and to the rear of the premises along the vehicular access road.
Local occupiers include Tesco Extra, Costa, Wimpy, Anytime Fitness, KFC, Greggs, William Hill and a number of independent retailers.
The freehold interests of both 93 and 95 Station Road are also available.
Key Points
Ground floor retail on popular parade with self contained 2-bedroom flatWell positioned on Station Road, Addlestone's main retail thoroughfareCurrently let to Nationwide Building Society, 2.33 years unexpiredRental income £31,150 p.a.
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Legal Costs/VAT
Each party to be responsible for the payment of their own legal costs incurred in the sale. Prices are quoted exclusive of VAT which may be charged.
Location
Addlestone is a popular Surrey town located approximately 20-miles southwest of Central-London. Woking, Weybridge and Chertsey are all within 1-mile of the town, with Guildford approximately 10-miles to the south. Addlestone train station is within a 5 minute walk providing regular services to Waterloo, with Junction 11 of the M25 approximately 1-mile away.Terms
Sale of the freehold, with offers in excess of £415,000.
The premises are currently held as a whole by way of a full repairing and insuring lease, for a term of 5-years from 29th September 2023 with a 3rd year tenant break, at a passing rent of £31,150 per annum exclusive. The lease is inside the security of tenure provisions of the Landlord & Tenant Act 1954.
Please note that the tenant is currently benefitting from half-rent until 28th September 2024.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£415,000.00
| NA |
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