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Sury Basin 1,830 sq ft Office / Retail Unit Offered at £475,000 in Kingston Upon Thames KT2 5NZ
INVESTMENT HIGHLIGHTS
- In close proximity to Kingston Station
- Prominent ground floor commercial unit
- London Waterloo is only 30 mins away
EXECUTIVE SUMMARY
Built by Berkeley Homes in 2019 and comprising 315 homes, the Queenshurst development is prominently located immediately to the north of Kingston town centre just off Richmond Road (A307 - the main arterial route to Richmond) and a short walk from Kingston Railway Station.
PROPERTY FACTS
| Total Property Size | 1,830 sq ft | Floors | 1 |
| Property Type | Office (Unit) | Typical Floor Size | 1,830 sq ft |
| Property Subtype | Office / Residential | Year Built | 2000 |
| Costar Property Class | B | Total Plot Size | 2.53 ac |
| Total Property Size | 1,830 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Office / Residential |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 1,830 sq ft |
| Year Built | 2000 |
| Total Plot Size | 2.53 ac |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 1,830 sq ft | Sale Type | Investment |
| Price | £475,000 | Tenure | Long Leasehold |
| Price Per sq ft | £259.56 | Net Initial Yield | 6.50% |
| Unit Use | Office / Retail | NOI | £30,875 |
| Unit Size | 1,830 sq ft |
| Price | £475,000 |
| Price Per sq ft | £259.56 |
| Unit Use | Office / Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 6.50% |
| NOI | £30,875 |
DESCRIPTION
Prominent ground floor commercial unit, currently benefiting from Educational / Community use (Class F1). Other uses to be agreed in writing by Kingston Council
SALE NOTES
Offers are sought in excess of £475,000 (Five Hundred & Fifty Thousand Pounds), reflecting a net initial yield in the region of 6.5% assuming normal purchaser’s costs.
Interior photo
Interior photo
Interior photo
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Sury Basin
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