32-34 High Street, Weybridge, KT13 8AB

Summary

The property comprises a ground floor E-class premises let to Lark London on a 10-year lease, expiring in June 2031, with a break clause and rent review in June 2026. The lease is contracted outside the Landlord and Tenant Act, and the passing rent is £30,000 per annum. The retail benefits from the use of two parking spaces at the rear of the property.

Lark London are a family run lifestyle and home retailer and have been expanding over the last twenty years. They currently operate in nineteen locations, with stores across West London and the Home Counties.

The upper parts consist of a self-contained three-bedroom maisonette split over two floors, featuring a kitchen, living room, and two bathrooms, measuring approximately 1,531 square feet. The maisonette also benefits from the use of two parking spaces at the rear. The maisonette is currently generating £18,900 per annum, let on an AST. The maisonette falls within Council Tax Band 'D', with council tax payable £2,332.80 per annum.

Key Points

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. The property is not elected for VAT therefore VAT will not be charged.

Location

Terms