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Agent's details

309 Woodham Lane

For sale: £650,000.00|1,227 Sq Ft|General Retail, Retail

Property details

FOR SALE£650,000.00
SIZE1,227 Sq Ft
ADDRESS309 Woodham Lane, New Haw, Addlestone, KT15 3PB
TYPEGeneral Retail, Retail
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON18th September 2023


Key Points

  • Freehold Sale - £650,000
  • Investment opportunity
  • Current total income - £40,000 per annum
  • Gross income: 6.1% yield, before costs
  • Configuration - retail shop plus two bed flat
  • Further details upon request
  • Prominent location
  • Close to M25
  • Summary

    Retail/residential Freehold investment opportunity


    Mixed use investment opportunity, Freehold Sale Price - £650,000, the sale is not subject to VAT.

    Self contained parts - ground floor retail unit plus residential flat on the first floor. Retail tenant - Creams Cafe franchise - https://www.creamscafe.com with a retail income of £25,000 per annum. Retail lease details available upon request

    The residential upper part consists of a two bedroom flat, with a residential income of £15,000 per annum. Residential tenancy details available upon request.

    The development produces a total gross rental income of £40,000 per annum before costs. Each party to be responsible for their own legal costs. The Freehold Investment has a return frontage and is situated in a local retail parade.


    By appointment with Stirling Ackroyd


    Prominent location in central Woodham - The building is located on Woodham Lane(B385) at the inter-section with Scotland Bridge Road and The Broadway, the M25 is within 10 minutes drive.


    Location: 309 Woodham Lane, New Haw, Addlestone, KT15 3PB

    Heathrow Terminal 4 (8.1 miles)

    Heathrow Terminals 123 (8.7 miles)

    Hatton Cross (8.9 miles)

    West Byfleet (0.5 miles)

    Byfleet & New Haw (1.0 miles)

    Addlestone (1.9 miles)

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