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Agent's details

1 Berry Lane

For sale: £850,000.00|1,870 Sq Ft|Other, General Retail, Office, Other Property Types & Opportunities, Retail, Offices

Property details

FOR SALE£850,000.00
SIZE1,870 Sq Ft
ADDRESS1 Berry Lane, Hersham, KT12 4HW
TYPEOther, General Retail, Office, Other Property Types & Opportunities, Retail, Offices
TENUREFor Sale Freehold
POSTED ON9th July 2021

Description

Key Points

  • Suitable for Investors, Developers and Owner Occupiers
  • Shop let at £18,476pa rising to £19,215pa (in 2021)
  • Located in the centre of Hersham Village
  • Includes vacant two bedroom flat and possible PD conversion of the first floor offices
  • Summary

    Investment/Development Opportunity

    Description

    The property comprises a two storey end of terrace mixed use building with a ground floor lock-up shop together with a separate side access via a lobby to a self-contained two bedroom flat and self-contained offices on the first floor. To the rear there is access to four car parking spaces. The ground floor shop is leased to Bisque UK Limited T/A Ceramic Cafe until 20 December 2022 at a passing rent of £18,476pa rising to £19,215pa in the ninth year (2021). The first floor two bedroom flat was formerly an office which obtain planning approval in 2012. The first floor offices are mainly open plan with two partitioned offices together with a private kitchenette and WC facilities. They will be vacated on completion of the sale.

    Location

    The premises are located in Hersham town centre opposite the Hersham Green, adjacent to Hersham Green Shopping centre. Nearby retailers include Costa Coffee and Waitrose supermarket. Hersham British Rail station is approximately 1 mile distant which provides a direct line service to London (Waterloo) of approximately 35 minutes. Road communications are excellent, the town centre being approximately 4 miles distant from the A3 (junctions at Cobham and Esher), and in turn the national motorway network giving access to Gatwick and Heathrow international airports.

    Terms

    Offers are sought in excess of £850,000 for the freehold interest.

    Legal Costs/VAT

    Each party to bear their own legal costs. Prices are quoted exclusive of VAT which may be charged.

    Location

    marker
    Location: 1 Berry Lane, Hersham, KT12 4HW

    Heathrow Terminal 4 (6.8 miles)

    Hatton Cross (7.1 miles)

    Hounslow Central (7.4 miles)

    Walton-on-Thames (0.8 miles)

    Hersham (0.9 miles)

    Claygate (2.2 miles)

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