High Street Retail Investment For Sale
Summary
- Prime parade location
- Ground floor retail unit
- On-street parking nearby
- Close to Addlestone Station
- Nearby national occupiers
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 2,260 | 209.96 | Available |
| Total | 2,260 | 209.96 |
Location
The property is situated in a prominent position along Station Road, Addlestone, within a busy and well-established retail parade. The area benefits from strong pedestrian flow, nearby national and independent occupiers, and is within close proximity to Addlestone railway station, providing convenient access to surrounding towns and London.
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Mainline Stations
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Addlestone4 mins
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Chertsey27 mins
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Weybridge29 mins
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Byfleet and New Haw30 mins
Underground Station
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Hampton113 mins
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Feltham121 mins
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Heathrow Terminal 4122 mins
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Thames Ditton127 mins
Further Information
Price £450,000
Rates Payable £12,599 per annum
Service Charge n/a
EPC Rating This property has been graded as C (67)
Description
An attractive freehold retail investment prominently positioned within a busy parade on Station Road, Addlestone. The property is let to Savers on a 5-year full repairing and insuring lease from November 2022. Situated within an established retail pitch benefiting from strong footfall and nearby national occupiers, the property presents a well-located retail investment opportunity.
Tenure Details
The property is held freehold and let to Savers under a 5-year FRI lease that commenced November 2022. The current passing rent is £31,350pa. The freehold title benefits from a the long leasehold of 98a which currently has 60 years until expiry paying a ground rent of £100pa.
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