£1,350,000

Restaurant for sale

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Fixed price

£1,350,000

(£1,150.90/sq. ft)

Restaurant for sale

Fife Road, Kingston Upon Thames KT1

1,173 sq. ft

Local area information

Property location

Nearby amenities

  • Kingston 0 miles
  • Educare Small School 0.2 miles
  • Tiffin School 0.3 miles
  • Kingston Turks Pier 0.3 miles

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

Features and description

The property provides a freehold mixed-use income producing investment. There is a long-established café occupying the ground floor.

The upper parts comprise a 2-bedroom split-level flat let to a single occupier plus a 3-room HMO let via individual AST’s, offering a reasonable spread of income. There is a rear yard with vehicular access and four car parking spaces, two of which are demised to the commercial tenant.

Accommodation: -
Ground floor commercial 109m2 (1,173ft2) approx.
One car parking space

35A Fife Road
Two-bedroom flat

37A Fife Road
Room 1
Room 2
Room 3

income: -The income from the ground floor commercial shop and upper residential parts is £103,126 per annum exclusive

tenure: - The property is offered freehold subject to the following occupational leases and ASTs:

The ground floor is currently let to an individual trading as Coin de Paris café for a period of 15 years from the 8th of August 2015. The passing rent is £58,000 per annum exclusive.

35a Fife Road is let under a single occupier who is currently holding over at £1400 pcm.

Room 1,37a Fife Road is let under an assured shorthold tenancy for a term of 12 months and a day from the 1st of September 2024 at £975 pcm.

Room 2,37a Fife Road is let under an assured shorthold tenancy for a term of 12 months and a day from the 17th of September 2024 at £700 pcm.

Room 3,37a Fife Road is let under a under an assured shorthold tenancy for a term of 12 months from the 25th of May 2024 at £685 pcm.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Kingston upon Thames (Royal Borough)
  5. Kingston upon Thames
  6. Fife Road