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54 Central Rd
Worcester Park KT4 8HY
Retail Property For Sale


Investment Highlights
- Established High Street location alongside Tesco, Waitrose, Costa and other national retailers.
- Excellent connectivity via the A3 and M25 serving South West London and Surrey.
- Worcester Park Station within 0.4 miles providing direct access to London Waterloo.
Executive Summary
Freehold mixed-use investment and development opportunity situated on the busy Central Road High Street in Worcester Park. The property comprises an 835 sq ft ground floor commercial unit, currently occupied by a nail and beauty business, together with a well-presented two-bedroom self-contained flat of approximately 807 sq ft on the first floor. The building further benefits from a substantial rear garden/yard extending to approximately 101 ft, providing potential for extension or redevelopment, subject to the necessary planning consents.
The commercial premises are let on a 10-year lease from June 2019, generating a passing rent of £15,000 per annum, with scope for rental growth. The residential accommodation is currently vacant, offering an estimated rental value of £16,800 per annum. The property presents an attractive opportunity for investors seeking income with asset management and development potential.
The commercial premises are let on a 10-year lease from June 2019, generating a passing rent of £15,000 per annum, with scope for rental growth. The residential accommodation is currently vacant, offering an estimated rental value of £16,800 per annum. The property presents an attractive opportunity for investors seeking income with asset management and development potential.
Property Facts
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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