Opportunity to acquire this freehold investment comprising a lock up shop, land to the front and rear of the shops and thee bedroom self-contained masionette over.
Parking to the rear is reserved for the flats on a first come first served basis and there is free unallocated parking for the shops at the front of the parade.
Early viewings recommended.
Location
Prominent main road position fronting the Portsmouth Road, which connects Cobham to Esher. Cobham is an affluent town with an excellent range of shops, restaurants, bars and supermarkets. There is parking in front of the parade of shops.
Accommodation
The lock up shop unit measures approximately 586 sq ft in total to include WC and small kitchenette area to the rear. The shop is vacant.
The masionette is accessed from the rear of the property via a communal walkway and measures approximately 1,442 sq ft in total. The front door leads to the kitchen and there is a living room/ dining room and WC on this level. Stairs lead to the second floor which has two double bedrooms, a single bedroom and bathroom with shower over bath.
Terms
Tenure: Freehold
Price/premium: £700,000
Legal fees: Each party to bear their own
Rateable value: The VOA websites states a R.V. of £5,800 (shop). The premises should therefore qualify for full SBR relief, subject to the usual criteria.
The maisonette is currently let on an AST agreement at £1,000 pcm. The original tenancy agreement has expired and two months notice would be required.
Specification
- Available immediately
- Early viewing recommended
- Mixed use investment
- Prominent location
- Part- vacant possession