Cardinal Wolsey Hampton Court Rd 1,409 sq ft Retail Property East Molesey KT8 9BW £450,000 (£319.38/sq ft)

Leasehold Investment Opportunity – Mixed-Use Building with Strong Income Potential
Location: KT8 9BW
Annual Rent: £55,000
Lease Term: 20 years (commenced September 2024)
Potential Annual Income: £210,000
Property Overview
An excellent opportunity to acquire a well-positioned mixed-use building offering a fully equipped pub/restaurant on the ground floor with 10 Studios, Residential accommodation above. Situated in a popular area, this property presents strong investment potential with multiple income streams and further development opportunities.
Property Layout
Basement:
Useful storage and cellar space.
Ground Floor:
Spacious pub/restaurant area with bar, kitchen, and seating, ideal for food and beverage operations.
First Floor:
5 self-contained studio flats – modern layouts suitable for professionals or short-term lets.
Second Floor:
5 additional studio flats, similar in size and configuration.
Third Floor:
1 double room, currently used as storage, but can easily be converted into a private office for management or owners’ use.
Loft Space:
Significant development potential – space suitable for conversion into up to 5 additional studio flats, subject to necessary planning consent.
Current Tenancy & Income
6 flats currently occupied, generating approximately £7,800 per month.
4 studio flats and the commercial unit (pub/restaurant) are presently vacant and being marketed for new tenants.
When fully let, the building has the potential to generate up to £210,000 annually in rental income, offering a strong return on investment.
Highlights
Prominent location in KT8 with excellent transport links and amenities.
Established commercial premises with 20-year lease from September 2024.
10 existing studio flats with strong rental demand in the area.
Loft conversion potential for additional 5 units (STPP).
Excellent opportunity for investors or owner-operators seeking a mixed-use income-generating property.