£575,000
Property for sale
Property photos
Just added
Freehold
From
£575,000
(£392.22/sq. ft)
Property for sale
Station Road, Addlestone KT151,466 sq. ft
Local area information
Property location
Nearby amenities
- Addlestone 0 miles
- Darley Dene Primary School 0.3 miles
- St George's College Weybridge 0.4 miles
- Weybridge 1.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Addlestone to find out more about the local area.
Features and description
- Freehold
- Prominent corner position with return frontage
- Ground floor café/play centre let at £17,500 per annum on a 20-year lease from May 2024
- Re-roofed with new slate covering with 15-year gurantee and new double glazed windows
- Newly fully refurbished to a high standard vacant two-bedroom, two-bathroom flat above. Erv of £19,500 per annum / Total erv £37,000 per annum
- Estimated Rates Payable: £5730
Description
The property comprises a freehold mixed-use investment arranged as a ground floor retail unit with a newly refurbished two-bedroom flat above. It occupies a prominent corner position in Addlestone town centre, with nearby occupiers including Tesco, Domino’s and Wimpy.
The ground floor is let as a café and children’s play centre on a 20-year lease from May 2024 at £17,500 per annum. The lease provides for five-yearly upward-only rent reviews to the higher of open market rent or rpi, with tenant and landlord break options in years 10 and 15. The lease is contracted outside the Landlord and Tenant Act 1954.
The first floor flat is self-contained, newly refurbished and unused. It will be sold with vacant possession and has an estimated rental value of £19,500 per annum. The flat may appeal to owner occupiers, buy-to-let investors or HMO investors, subject to the necessary consents and licences. There is additional loft space.
Location
Addlestone is a popular and vibrant Surrey town located approximately 20 miles southwest of central London and lies approximately 1 mile from Junction 11 of the M25 motorway. Woking, Chertsey and Weybridge are all within 1 mile of the town and Guildford lies approximately 10 miles to the south. Addlestone train station is only a 2-minute walk and provides a regular and fast service to Waterloo with an approximate journey time of 30 minutes.
Viewings
Strictly via appointment with the sole agents Curchod & Co.
Terms
The freehold interest is available with offers from £575,000. Each party is to bear its own legal and professional costs. The property is not elected for VAT.
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.
Planning
There is planning permission Ref ru.24/1662 to convert the loft space into a 1 bedroom flat which has not been carried out by the sellers.
The property comprises a freehold mixed-use investment arranged as a ground floor retail unit with a newly refurbished two-bedroom flat above. It occupies a prominent corner position in Addlestone town centre, with nearby occupiers including Tesco, Domino’s and Wimpy.
The ground floor is let as a café and children’s play centre on a 20-year lease from May 2024 at £17,500 per annum. The lease provides for five-yearly upward-only rent reviews to the higher of open market rent or rpi, with tenant and landlord break options in years 10 and 15. The lease is contracted outside the Landlord and Tenant Act 1954.
The first floor flat is self-contained, newly refurbished and unused. It will be sold with vacant possession and has an estimated rental value of £19,500 per annum. The flat may appeal to owner occupiers, buy-to-let investors or HMO investors, subject to the necessary consents and licences. There is additional loft space.
Location
Addlestone is a popular and vibrant Surrey town located approximately 20 miles southwest of central London and lies approximately 1 mile from Junction 11 of the M25 motorway. Woking, Chertsey and Weybridge are all within 1 mile of the town and Guildford lies approximately 10 miles to the south. Addlestone train station is only a 2-minute walk and provides a regular and fast service to Waterloo with an approximate journey time of 30 minutes.
Viewings
Strictly via appointment with the sole agents Curchod & Co.
Terms
The freehold interest is available with offers from £575,000. Each party is to bear its own legal and professional costs. The property is not elected for VAT.
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.
Planning
There is planning permission Ref ru.24/1662 to convert the loft space into a 1 bedroom flat which has not been carried out by the sellers.
Floor plans and tours
Floor plans (5)
5 floor plans available
View the floor plans to understand the space and layout of this property.
More information
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Property descriptions and related information displayed on this page are marketing materials provided by - Curchod & Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Curchod & Co for full details and further information.