Your email has been sent.
109 The St 698 sq ft Retail Unit Offered at £210,000 in Leatherhead KT22 9RD
INVESTMENT HIGHLIGHTS
- The Street comprises a local retail parade within an affluent residential area
- Fetcham is a suburban villlage in Surrey 1.4 miles west of Leatherhead
- The retail offering includes Sainsbury’s Local, Boots Pharmacy and a range of regional and independent occupiers
EXECUTIVE SUMMARY
The Street comprises a local retail parade within an affluent residential area. The retail offering includes Sainsbury’s Local, Boots Pharmacy and a range of regional and independent occupiers.
PROPERTY FACTS
| Total Property Size | 720 sq ft | Typical Floor Size | 349 sq ft |
| Property Type | Retail (Unit) | Year Built | 1981 |
| Costar Property Class | C | Tenancy | Single |
| Floors | 2 | Total Plot Size | 0.02 ac |
| Total Property Size | 720 sq ft |
| Property Type | Retail (Unit) |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 349 sq ft |
| Year Built | 1981 |
| Tenancy | Single |
| Total Plot Size | 0.02 ac |
AMENITIES
- Smoke Detector
1 UNIT AVAILABLE
Unit 109
| Unit Size | 698 sq ft | Sale Type | Investment |
| Price | £210,000 | Tenure | Freehold |
| Price Per sq ft | £300.86 | Net Initial Yield | 8.33% |
| Unit Use | Retail | NOI | £17,497 |
| Unit Size | 698 sq ft |
| Price | £210,000 |
| Price Per sq ft | £300.86 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 8.33% |
| NOI | £17,497 |
DESCRIPTION
The property is a mid-terrace two-storey building within a retail parade. The first floor is a residential flat which has been “sold off” on a long lease.
SALE NOTES
Freehold retail investment offers in the excess of £210,000.
The ground floor is let to a private individual on a 10 year lease, inside the Landlord & Tenant Act 1954, from 02/05/2022 at a rent of £17,247 per annum. There is a rent review 02/05/2027.
The first floor is “sold off” on a lease of 125 years from 2015 and currently produces £250 pa, next rent increase is 2040.
109 High Street img 1
109 High Street img 2
NEARBY MAJOR RETAILERS
Presented by
109 The St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.