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130 Oatlands Dr 788 sq ft Retail Unit Offered at £240,000 in Weybridge KT13 9ET
Investment Highlights
- Prominent retail unit in Weybridge within a popular parade of shops
- Let on a 10 year lease from March 2021
- Excellent visibility at busy corner of Oatlands Drive and Anderson Road
- Passing rent of £18,500 per annum
Executive Summary
This property comprises retail accommodation of masonry construction.
Property Facts
| Total Property Size | 1,388 sq ft | Typical Floor Size | 694 sq ft |
| Property Type | Retail (Unit) | Year Built | 1991 |
| Costar Property Class | B | Tenancy | Single |
| Floors | 2 |
| Total Property Size | 1,388 sq ft |
| Property Type | Retail (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 694 sq ft |
| Year Built | 1991 |
| Tenancy | Single |
Amenities
- Storage Space
1 Unit Available
Unit Ground
| Unit Size | 788 sq ft | Unit Use | Retail |
| Price | £240,000 | Sale Type | Investment |
| Price Per sq ft | £304.57 | Tenure | Long Leasehold |
| Unit Size | 788 sq ft |
| Price | £240,000 |
| Price Per sq ft | £304.57 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
The property comprises a ground floor corner retail unit with return frontage, benefitting from strong visibility and display presence on the busy A3050 (Oatlands Drive). Internally, the accommodation is predominantly open plan and includes a fitted kitchen, WC facilities, and electric heating.
Sale Notes
The property is let on a 10-year full repairing and insuring lease from 2nd March 2021. The current passing rent is £18,500 per annum, and the lease is protected by the security of tenure provisions under the Landlord and Tenant Act 1954. There is an upwards only rent review in 2026. Long leasehold interest with 966 years unexpired.
Interior Photo
Interior Photo
Nearby Major Retailers
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130 Oatlands Dr
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