A5 RETAIL & RESIDENTIAL INVESTMENT FOR SALE
[email protected] | 01753 851251 kemptoncarr.co.uk |
| @KemptonCarr
A5 RETAIL & RESIDENTIAL INVESTMENT FOR SALE
166 High Street Egham Surrey| TW20 9HP
Benefit of A5 Planning Consent
Good Size Residential Accommodation
No VAT
Further services Building surveying | Building defects and environmental analysis | Public sector consultancy | Valuations | Lease renewals and rent reviews Land sales, planning and development | Landlord and tenant services | Commercial property agency & acquisitions | Expert witness & litigation Project management and contract administration | Leasehold advisory | Commercial and residential property management | LPA receivership
Location The premises are centrally located in the centre of Egham High Street which offers a wide range of local shops and restaurants including recently opened Waitrose supermarket, Tesco Local and Costa Coffee. Egham is a prosperous M25 town where Holloway College is based (University of London) with students now numbering approximately 10,000 plus Strodes College. Egham is located just off the M25 at Junction 13, within 15 minutes drive of Heathrow Airport and also benefitting from a good train service to London Waterloo.
Description The property comprises a mid terraced property with ground floor shop unit benefitting from A5 Planning Consent together with a good sized 3-bedroom flat above. At the rear of the property there is parking for 4/6 cars plus ancillary storage area.
Terms
Price
The Freehold is offered subject to the existing FRI lease which was for an original term of 9 years from 13th January 2008 and at a current rental of £23,000 per annum exclusive.
Offers are invited in the order of £500,000 for our Client’s Freehold Interest subject to the existing occupational lease which shows an initial yield of 4.39%, after purchaser’s costs of 4.7%.
The Lease is within the Security Provisions of the 1954 Landlord and Tenant Act but at this stage no notices have been served.
The property is not elected for VAT.
Accommodation
Legal Costs
Approximate floor areas (NIA):
Each party is to be responsible for their own legal costs incurred in the transaction.
Ground Floor Sales Area
385 sq ft (341 sq ft ITZA)
Kitchen
166 sq ft
Store/Freezer Room
83 sq ft
Storeroom/Kitchen/Staffroom
235 sq ft
TOTAL
869 sq ft
EPC: to be confirmed
Plus 3 bedroom flat with lounge, kitchen and bathroom. Rear access and parking for 4/6 cars.
Viewing For viewing and further information please contact: Kempton Carr Croft David Pearce or Rob Hutchins 01753 851251 [email protected]
These particulars are believed to be correct but their accuracy is in no way guaranteed neither do they form any part of a contract. They are issued on the understanding that all negotiations are conducted, subject to contract, through Kempton Carr Croft. Finance Act 1989 – unless otherwise stated our prices and rents are quoted exclusive of VAT. Any intending purchases or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
[email protected] | 01753 851251 kemptoncarr.co.uk |
| @KemptonCarr
Further services Building surveying | Building defects and environmental analysis | Public sector consultancy | Valuations | Lease renewals and rent reviews Land sales, planning and development | Landlord and tenant services | Commercial property agency & acquisitions | Expert witness & litigation Project management and contract administration | Leasehold advisory | Commercial and residential property management | LPA receivership
| @KemptonCarr
A5 RETAIL & RESIDENTIAL INVESTMENT FOR SALE
166 High Street Egham Surrey| TW20 9HP
Benefit of A5 Planning Consent
Good Size Residential Accommodation
No VAT
Further services Building surveying | Building defects and environmental analysis | Public sector consultancy | Valuations | Lease renewals and rent reviews Land sales, planning and development | Landlord and tenant services | Commercial property agency & acquisitions | Expert witness & litigation Project management and contract administration | Leasehold advisory | Commercial and residential property management | LPA receivership
Location The premises are centrally located in the centre of Egham High Street which offers a wide range of local shops and restaurants including recently opened Waitrose supermarket, Tesco Local and Costa Coffee. Egham is a prosperous M25 town where Holloway College is based (University of London) with students now numbering approximately 10,000 plus Strodes College. Egham is located just off the M25 at Junction 13, within 15 minutes drive of Heathrow Airport and also benefitting from a good train service to London Waterloo.
Description The property comprises a mid terraced property with ground floor shop unit benefitting from A5 Planning Consent together with a good sized 3-bedroom flat above. At the rear of the property there is parking for 4/6 cars plus ancillary storage area.
Terms
Price
The Freehold is offered subject to the existing FRI lease which was for an original term of 9 years from 13th January 2008 and at a current rental of £23,000 per annum exclusive.
Offers are invited in the order of £500,000 for our Client’s Freehold Interest subject to the existing occupational lease which shows an initial yield of 4.39%, after purchaser’s costs of 4.7%.
The Lease is within the Security Provisions of the 1954 Landlord and Tenant Act but at this stage no notices have been served.
The property is not elected for VAT.
Accommodation
Legal Costs
Approximate floor areas (NIA):
Each party is to be responsible for their own legal costs incurred in the transaction.
Ground Floor Sales Area
385 sq ft (341 sq ft ITZA)
Kitchen
166 sq ft
Store/Freezer Room
83 sq ft
Storeroom/Kitchen/Staffroom
235 sq ft
TOTAL
869 sq ft
EPC: to be confirmed
Plus 3 bedroom flat with lounge, kitchen and bathroom. Rear access and parking for 4/6 cars.
Viewing For viewing and further information please contact: Kempton Carr Croft David Pearce or Rob Hutchins 01753 851251 [email protected]
These particulars are believed to be correct but their accuracy is in no way guaranteed neither do they form any part of a contract. They are issued on the understanding that all negotiations are conducted, subject to contract, through Kempton Carr Croft. Finance Act 1989 – unless otherwise stated our prices and rents are quoted exclusive of VAT. Any intending purchases or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
[email protected] | 01753 851251 kemptoncarr.co.uk |
| @KemptonCarr
Further services Building surveying | Building defects and environmental analysis | Public sector consultancy | Valuations | Lease renewals and rent reviews Land sales, planning and development | Landlord and tenant services | Commercial property agency & acquisitions | Expert witness & litigation Project management and contract administration | Leasehold advisory | Commercial and residential property management | LPA receivership
