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54 Central Rd 835 sq ft 100% Let Retail Property Worcester Park KT4 8HY £500,000 (£598.80/sq ft) 3% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The property is situated within a mixed use parade on a busy High Street
- Exceptional road network access, the A3 Kingston Bypass is just 2 miles away, providing quick routes into and out of London
- Worcester Park Railway Station, located just 0.4 miles from the property
EXECUTIVE SUMMARY
Freehold Shop & Uppers For Sale.
The existing building comprises an 835 sq ft (77.6 sqm) ground floor commercial space (sui generis use class) currently occupied by a nail and beauty bar.
The first floor is a two bedroom 807 sq ft (75 sqm) flat in good decorative order there is also a rear garden / yard approximately 101 ft (18.5m) in length
The existing building comprises an 835 sq ft (77.6 sqm) ground floor commercial space (sui generis use class) currently occupied by a nail and beauty bar.
The first floor is a two bedroom 807 sq ft (75 sqm) flat in good decorative order there is also a rear garden / yard approximately 101 ft (18.5m) in length
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
835 sq ft
Year Built
1974
Price
£500,000
Price per sq ft
£598.80
Yield
3%
NOI
£15,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.30
Total Plot Size
0.06 ac
Frontage
16 ft on Central Road
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54 Central Rd
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