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27-27A Pound Ln 500 sq ft Retail Property Epsom KT19 8RY £350,000 (£700/sq ft)
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a mixed-use property close to Epsom town centre comprising a ground floor shop
- The property is located in the Pound Lane parade which includes a variety of independent businesses with free on street parking
- Self- contained two-bedroom maisonette accessed via a shared service road at the rear, and an external garage unit
EXECUTIVE SUMMARY
PRICE
£350,000 subject to contract.
TENURE
Freehold subject to the existing expired leases.
LEASES
The commercial tenant is holding over from their 6 year lease from the 30th April 1998. Annual rent £4,800 per annum exclusive. No Section 25 notices have been served.
The residential tenant is in occupation under a statutory periodic tenancy. The original AST expired 25th August 2006 and the current rent is £650 per calendar month.
£350,000 subject to contract.
TENURE
Freehold subject to the existing expired leases.
LEASES
The commercial tenant is holding over from their 6 year lease from the 30th April 1998. Annual rent £4,800 per annum exclusive. No Section 25 notices have been served.
The residential tenant is in occupation under a statutory periodic tenancy. The original AST expired 25th August 2006 and the current rent is £650 per calendar month.
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
500 sq ft
Year Built
1980
Price
£350,000
Price per sq ft
£700
Tenancy
Single
Number of Floors
2
Plot ratio
0.30
Total Plot Size
0.04 ac
Frontage
15 ft on Pound Lane
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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27-27A Pound Ln
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