£400,000

Industrial for sale

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Freehold

Guide price

£400,000

Industrial for sale

50 High Street, Walton On Thames KT12

Local area information

Property location

Nearby amenities

  • Ashley CofE Aided Primary School 0.1 miles
  • Westward School 0.5 miles
  • Walton-on-Thames 0.8 miles
  • Hersham 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Walton-On-Thames to find out more about the local area.

Features and description

  • Freehold
  • Investment Opportunity
  • Fully Let & Income Producing
  • High Street Location
  • Gf Commercial + 1st Floor Storage
  • Major Retailers Nearby
  • Future Conversion Potential STP
  • Viewings Available
  • Sole Agents
Fully Let High Street Investment opportunity For Sale - Circa 8% yield

Description

Freehold High Street investment opportunity
The property comprises ground floor commercial space and part of the first floor to the rear, the first floor unit to the front is not part of sale and is under separate ownership. Currently occupied and trading as a Nail / Beauty parlour.

Location

Situated within a busy mixed use parade:
Road Networks
Walton-on-Thames boasts excellent road connections, with its proximity to major routes enhancing its accessibility:
A308 and A309: Located nearby, providing convenient local access
M3 Motorway: Easily accessible, facilitating longer-distance travel
A3: Links to the M25 orbital motorway and Central London

Rail Services
The town's transportation options are further bolstered by its robust rail links:
Walton-on-Thames Station: Offers regular train services
Destination: London Waterloo
Journey Time: Approximately 25 minutes

Lease

We understand the property to be let on the below terms (lease and supporting docs to follow)
- 15 yr Fri Lease inside L&T from 7th November 2023 with a passing rent of £28,000 per annum
- Break clause: 6th November 2028 - Rent review: November 2030

Planning

Use class E
Future development possible subject to planning to convert the rear into residential

Terms

Guide Price £400,000

Viewings

Contact Sole Agents Christopher St James

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Christopher St James Plc. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Christopher St James Plc for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. Walton And Weybridge
  5. Walton-on-Thames
  6. High Street