£310,000

Retail premises for sale

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Freehold

£310,000

(£281.31/sq. ft)

Retail premises for sale

3/3A Burwood Parade, Guildford Street, Chertsey KT16

1,102 sq. ft

Local area information

Property location

Nearby amenities

  • St Anne's Catholic Primary School 0.3 miles
  • Stepgates Community School 0.3 miles
  • Chertsey 0.3 miles
  • Addlestone 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Chertsey to find out more about the local area.

Features and description

  • Freehold
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

  • 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.

    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.

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    1. Zoopla
    2. Commercial for sale
    3. Surrey
    4. Runnymede
    5. Chertsey
    6. Guildford Street