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150-152 Central Rd 8,521 sq ft Retail Property Worcester Park KT4 8HL £1,895,000 (£222.39/sq ft)


Investment Highlights
- Short distance from Worcester park station
- Large glass frontage
Executive Summary
Freehold guide price £1,895,000.
Prominent and wide fronted mixed use Freehold investment for sale- fully let.
The property is arranged over ground, first and second floors, with the upper two floors having just been converted to provide 4 very well appointed 2 bedroom flats. The flat rental details are as follows:
Flat 1: £1800
Flat 2: £2000
Flat 3 :£1850
Flat 4: £1900
The ground floor is let to Caffe Nero (Nero Holdings Limited t/a Caffe Nero) on a lease expiring 02/10/2031 and producing £40,000 per annum. Effectively FRI lease. There is a tenants break option on 03/10/2026 with six months prior notice, which has not been served. The shop provides seating for 55/60 covers and a bar area to the front, with customer toilets, staff area and kitchen to the rear. Total shop area of circa 2,130 sq ft. There is parking area to the rear accessed from Green Lane.
Prominent and wide fronted mixed use Freehold investment for sale- fully let.
The property is arranged over ground, first and second floors, with the upper two floors having just been converted to provide 4 very well appointed 2 bedroom flats. The flat rental details are as follows:
Flat 1: £1800
Flat 2: £2000
Flat 3 :£1850
Flat 4: £1900
The ground floor is let to Caffe Nero (Nero Holdings Limited t/a Caffe Nero) on a lease expiring 02/10/2031 and producing £40,000 per annum. Effectively FRI lease. There is a tenants break option on 03/10/2026 with six months prior notice, which has not been served. The shop provides seating for 55/60 covers and a bar area to the front, with customer toilets, staff area and kitchen to the rear. Total shop area of circa 2,130 sq ft. There is parking area to the rear accessed from Green Lane.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
8,521 sq ft
Costar Property Class
B
Year Built
1860
Price
£1,895,000
Price per sq ft
£222.39
Tenancy
Single
Number of Floors
3
Plot ratio
1.63
Total Plot Size
0.12 ac
Frontage
36 ft on Central Road
Amenities
- 24 Hour Access
- Bus Route
- Security System
- Wheelchair Accessible
- Air Conditioning
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Nearby Major Retailers
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150-152 Central Rd
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