81 Station Road
Addlestone, KT15 2AR
| Property Type | Investments / Retail |
| Tenure | For Sale |
| Size | 697 sq ft |
| Price | Offers in excess of £350,000 |
| Business Rates | Applicants may be eligible for a 75% Business Rates discount for the period 1st April 2024 to 31st March 2025 under the Retail, hospitality, and leisure relief. This is up to a cap of £110,000. To check if you are eligible, and for additional queries, it is advised to speak with the relevant council |
| Energy Performance Rating | This property has been graded as B (48) |
Freehold sale opportunity
Key Points
- Ground floor retail on popular retail parade with self contained flat
- Well positioned on Station Road, Addlestone's main retail thoroughfare
- Currently let to restaurant, 2 years unexpired
- Rental income £19,500 p.a.
Description
The property comprises a ground floor E-class premises, currently utilised as a grill/restaurant, complete with WC facilities. The upper parts comprise a self contained flat, comprising of 3-rooms, kitchen and bathroom, accessible via a staircase situated at the rear of the property. The property has one allocated parking space positioned at the rear of the premises along the vehicular access road.
Local occupiers include Tesco Extra, Nationwide, Costa, Wimpy, Anytime Fitness, KFC, Greggs, William Hill and a number of independent retailers.
Location
Addlestone is a popular Surrey town located approximately 20-miles southwest of Central-London. Woking, Weybridge and Chertsey are all within 1-mile of the town, with Guildford approximately 10-miles to the south. Addlestone train station is within a 5 minute walk providing regular services to Waterloo, with Junction 11 of the M25 approximately 1-mile away.
Terms
Sale of the freehold, with offers in excess of £350,000.
The premises are currently held by way of a full repairing and insuring lease, for a term of 20-years from 3rd February 2006, at a passing rent of £19,500 per annum exclusive.
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.
Legal Costs/VAT
Each party to be responsible for the payment of their own legal costs incurred in the sale.
Prices are quoted exclusive of VAT which may be charged.
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents:
