309 Woodham Lane
New Haw, Addlestone, KT15 3PBThe Space
Retail/residential Freehold investment opportunity
At a glance
| Property Type | Retail |
| Tenure | For Sale |
| Size | 1,227 sq ft |
| Price | Offers in the region of £650,000.00 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as C (58) |
West Byfleet
11 mins
Byfleet and New Haw
19 mins
Addlestone
38 mins
Weybridge
43 mins
Hampton
143 mins
Thames Ditton
149 mins
Hampton Court
153 mins
Feltham
156 mins
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
Description
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.
The Location
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.
