£1,000,000

Property for sale

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Just added
Freehold

£1,000,000

(£379.22/sq. ft)

Property for sale

141 London Road, Norbiton, Kingston Upon Thames, London KT2

2,637 sq. ft

Local area information

Property location

Nearby amenities

  • Tiffin School 0.1 miles
  • Kingston Grammar School 0.1 miles
  • Kingston 0.3 miles
  • Norbiton 0.4 miles

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

Features and description

  • Freehold
  • Freehold mixed-use building with retail and residential components
  • Prime central Kingston location, 5 minutes from the shopping centre
  • Partly let, generating £65,400 p.a., with erv of £110,000 p.a.
  • Planning application submitted to convert upper parts into 5 flats (Ref: 24/00605/ful)
  • Excellent value-add and development potential with gdv estimated at £1.5M
Freehold mixed-use property in the heart of Kingston- upon-Thames, 5 minutes walk from the shopping centre.

The property comprises a ground floor retail unit with a 3 x flats above. The property is partly tenanted with an income of £65,400 per annum. The ground floor retail unit is currently vacant and the flats require modernisation.

The property presents itself as a great value add opportunity with an estimated rental value of £112,000 per annum and gdv of £1,500,000

There is an application that has recently been refused for the conversion of the existing flats to create 5 x flats and retain the commercial (Planning Reference: 24/00605/ful).

The property has clear development potential for an additional storey and extension to the rear.

Offers in excess of £1,000,000 will be considered.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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