Retail premises for sale in Station Road, Addlestone KT15
![Retail premises for sale in Station Road, Addlestone](https://lid.zoocdn.com/645/430/5731e809572078ce53072c76320b81f4b0fd01a5.jpg)
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Property description
Key Points
Description
The property comprises a ground floor e-class premises, currently utilised as a beauty salon, complete with WC facilities. 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 one allocated parking space positioned at the rear of the premises along the vehicular access road.
Local occupiers include Tesco Extra, Nationwide, Costa, Wimpy, Anytime Fitness, kfc, Greggs, William Hill and a number of independent retailers.
The sale is of the freehold interest only for purely investment purposes, it does not include the current tenant business. Any purchasers will not have the right to occupy the property for their own use. The lease has security of tenure.
The freehold interests of both 95 and 97 Station Road are also available.
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 £240,000.
The premises are currently held as a whole by way of a full repairing and insuring lease, for a term of 20-years from 25th March 2023 with no breaks, at a passing rent of £17,000 per annum exclusive. The lease is inside the security of tenure provisions of the Landlord & Tenant Act 1954. Reversionary yield of 8.74% with 5-yearly rent reviews.
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.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Curchod & Co, GU21 on +44 1483 665824 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Curchod & Co, and do not constitute property particulars. Please contact Curchod & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.