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Agent's details

3/3A Burwood Parade, KT16

For sale: £310,000.00|1,102 Sq Ft|Other, Residential, General Retail, Other Property Types & Opportunities, Retail

Property details

FOR SALE£310,000.00
SIZE1,102 Sq Ft
ADDRESS3/3A Burwood Parade, Guildford Street, Chertsey, KT16 9AE
TYPEOther, Residential, General Retail, Other Property Types & Opportunities, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON4th September 2024

Description

Key Points

  • Fully let mixed use investment generating £24,150 per annum
  • Ground floor retail let until November 2033
  • First floor flat let on AST
  • Second floor flat sold off
  • Freehold
  • Summary

    Mixed use retail and residential investment

    Description

    The property comprises of a ground floor retail unit with two residential units above. The ground floor is let to a dry cleaners, producing a rent of £15,600 per annum until 21st November 2033, with a break option and rent review on 22nd November 2028. The first floor flat is let on a 12 month AST until 1st May 2025 producing a rent of £8,550 per annum. The second floor flat has been sold off and we understand there is no ground rent payable.

    Location

    The property is located in Burwood Parade on Guildford Street, accessed from Pyrcroft Road (A317). The local retail, leisure and hospitality amenities are all within easy walking distance. Chertsey railway station is approximately 5 minutes on foot from the subject property. Road communications are also excellent, with Junction 11 of the M25 just 1.5 miles away via A317 and A320.

    Availability_text

    The accommodation comprises the following areas:

    Tenure

    The property is held freehold under title number SY519955.

    Anti Money Laundering

    To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

    Location

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    Location: 3/3A Burwood Parade, Guildford Street, Chertsey, KT16 9AE

    Heathrow Terminal 4 (5.3 miles)

    Heathrow Terminals 123 (5.9 miles)

    Hatton Cross (6.3 miles)

    Chertsey (0.3 miles)

    Addlestone (1.5 miles)

    Shepperton (2.5 miles)

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