Property Information
Address:
49 Walton Road, East Molesey, Surrey
, KT8 0DP
, Surrey
, United Kingdom
Price: Property no longer available.
Size: 1140 sq ft106 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH638230
Property Ref/Agent: 343
*Please use the agent ref when calling the agent directly.
Property description
An opportunity to acquire a quality retail asset.
The ground floor premises are held on a Full Repairing and Insuring Lease for a term of 10 years from 13 August 2018, to expire 12 August 2028, with a rent review on 13/08/2023.
There is a Tenant only break clause on 12 August 2023.
The residential upper parts have been sold off on a long Lease.
- Current rental income £21,000 per annum exclusive.
- Let to J P McDougall & Co Limited (Company No 00254941), who were founded in 1931 with 240 stores nationwide.
- Trade Paints sell a full range of interior and exterior decoration and protection products to include Dulux, Cuprinol, Polycell, Hammerite, Sikkens and Armstead.
Guide Price £300,000, subject to contract, and exclusive of VAT, for the Freehold interest.
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