Freehold Mixed-Use Investment

 

Summary

  • Ground Floor Retail Tenant – Let at £55,000 p.a. in 2018.
  • Rent review every 5th year anniversary of the lease (2023 review un-activated).
  • First floor let on a 2-year AST agreement from Feb ‘24 at £12,720 p.a. (£1,060 pcm).
  • Strong local parade in popular, affluent area of Surrey.

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Building - Ground Floor Retail 1,550 144 Available
Building - First Floor Residential 605 56.21 Available
Total2,155200.21
9 & 9a Station Approach - 1000008543.jpg

Location

Virginia Water lies on the south-western edge of Greater London, just outside the M25 and north of the M3, offering easy access to London and Southampton. The town benefits from National Rail services to London Waterloo, Reading, and Weybridge, along with bus links to nearby Staines, Sunningdale, and Thorpe. Station Approach is centrally located, close to transport links, local shops, and parking opposite.

Get directions from Google Maps

Further Information

Price £1,050,000 + VAT

Rates Payable £7.87 per sq ft

Service Charge n/a


Description

The premises are based over two floors and are of a brick-and slate construction with traditional chequered-paned windows on the first floor and floor-to-ceiling window frontage on the ground floor. Internally both premises have been kept in a good and tenantable condition.

Terms

Available For Sale Freehold with a total income of £67,720 p.a.

Rates / Council Tax

GF Rateable Value (24/25): £34,000
Apartment falling under council tax band C

EPC

GF Retail Unit: B - 37
Apartment: D - 67