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122-176 Walton Rd 598 sq ft Retail Property East Molesey KT8 0HP £575,000 (£961.54/sq ft) 5.22% Net Initial Yield
Investment Highlights
- East Molesey is an affluent commuter town located some 14 miles south-west of Central London
- Hampton Court Rail Station provides regular services to London Waterloo (fastest journey time 37 minutes)
- The town is located south of the A308 which links to the M3 (Junction 1) and M25 (Junction 12)
Executive Summary
The property comprises a ground floor shop and self-contained maisonette on first and second floor.
The OIRO is £575,000 with gross Initial Yield of 5.22% and a rental Income of £30,000 p.a.
Entirely let on a lease expiring in 2036 (no breaks).
The OIRO is £575,000 with gross Initial Yield of 5.22% and a rental Income of £30,000 p.a.
Entirely let on a lease expiring in 2036 (no breaks).
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
598 sq ft
Costar Property Class
C
Year Built
1921
Price
£575,000
Price per sq ft
£961.54
Yield
5.22%
NOI
£30,000
Tenancy
Single
Number of Floors
3
Plot ratio
0.46
Total Plot Size
0.03 ac
Amenities
- EPC - C
- Storage Space
1 1
Nearby Major Retailers
1 of 4
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122-176 Walton Rd
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