Two retail investments
The investment comprises two ground floor retail units with glazed frontage, situated within a recently constructed three storey building with four residential flats above. Unit 1 is currently occupied by JK Nails (Slough) Limited at a rent of £22,000 per annum on a 10 year lease which commenced on 16th July 2019. Unit 2 is currently occupied by Mehmet Ali Limited at a rent of £19,000 per annum on a 10 year lease which commenced on 29th January 2020.
The property is situated in a prominent location close to the traffic light junction with Bridge Road and High Street within Walton on Thames town centre opposite Barclays Bank. Other nearby national retailers include Marks & Spencer, Coral Bookmakers and the Nationwide Building Society. Aldi has just opened a store in the space formerly occupied by Carpetright.
The premises is available by way of a new 999 year lease at a peppercorn ground rent.
Each side to be responsible for the payment of their own legal costs incurred in the transaction. Prices are quoted exclusive of VAT which may be charged.
Heathrow Terminal 4 (5.2 miles)
Hatton Cross (5.5 miles)
Heathrow Terminals 123 (6.0 miles)
Walton-on-Thames (1.0 miles)
Shepperton (1.4 miles)
Hersham (1.5 miles)