Commercial property for sale in Barnett Wood Lane, Ashtead KT21
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Property features
- Investment let at £29,220
- P.a. (8.34% giy on guide)
- No 204 (commercial unit) let on 10 year lease from 2022 at £10,620 p.a.
- No 206a (flat) let on an AST at £18.600 p.a.
- No 206 (commercial unit) sold off on a long lease 99 years from 2001
- Development potential to reconfigure the upper floors into multiple dwellings (subject to the existing lease and requisite consents)
- Located in an affluent and prosperous location
- Ashtead Station is located an approx. 0.4 miles from the property
- No VAT
- 6 week completion available
Property description
Strapline
Auction Sale - 03/09/2024
Of interest to Investors and Developers
A freehold detached property comprising of 2 x commercial units at ground floor and a self contained 3 bedroom flat at first Floor (No 206 shop sold off on long lease)
Investment let at £29,220 p.a.
Description
Click here for virtual tour of No 204 Commercial premise
Click here for virtual tour of No 206A Flat
The property comprises of two storey detached property comprising of 2 commercial units on the ground floor (No 206 commercial unit has been sold off on a long lease) and a self contained 3 bedroom flat at first floor level that spans both No 204 and No 206.
The property offers future development potential to reconfigure the first floor flat into multiple dwellings (subject to the existing lease and requisite consents)
The property is located in a predominately residential area surrounded by a wide range of local independent and boutique retailers.
Location
The property is located on the south side of Barnett Wood road opposite the junction with Read Road Ashtead Station an approx. 0.4 miles from the property
Transport
Ashtead Station - National rail services
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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.
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