Property photos
Just added
£1,200,000
(£2,400.00/sq. ft)
Retail premises for sale
High Road, West Byfleet KT14500 sq. ft
Local area information
Property location
Nearby amenities
- St Mary's CofE Controlled Primary School, Byfleet 0.3 miles
- Byfleet Primary School 0.5 miles
- Byfleet & New Haw 0.8 miles
- West Byfleet 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Local Parade
- Development potential
An attractive opportunity to acquire a fully let mixed-use investment generating a current total annual income of £76,700.
This investment comprises two ground floor retail units forming part of a small local parade; one of the units is let to The Ironing Studio at a current rent of £15,000 per annum, while the other is occupied by a nail salon at £12,500 per annum.
To the rear of the shops is a detached commercial unit, currently let to a physiotherapist at £18,000 per annum, which also provides a potential development opportunity.
Above the shops are two self-contained residential flats, both let on assured shorthold tenancy agreements. The first flat is a one-bedroom unit let at £1,250 per calendar month, equating to £15,000 per annum. The second is a two-bedroom flat achieving £1,350 per calendar month, equating to £16,200 per annum. Parking is also available at the rear of the property.
Copies of leases can be supplied to interested parties after initial inspection.
Lease details- 100 High Road- Approximately 8 years remaining. 102 High Road- Approximately 7 years remaining. Rear of 101- 102 High Road (detached unit)- Approximately 2 years remaining drafted outside the Landlord and Tenant Act 1954.
Early viewings recommended- please do not disturb the current tenants and arrange access through Franklin Commercial only.
This investment comprises two ground floor retail units forming part of a small local parade; one of the units is let to The Ironing Studio at a current rent of £15,000 per annum, while the other is occupied by a nail salon at £12,500 per annum.
To the rear of the shops is a detached commercial unit, currently let to a physiotherapist at £18,000 per annum, which also provides a potential development opportunity.
Above the shops are two self-contained residential flats, both let on assured shorthold tenancy agreements. The first flat is a one-bedroom unit let at £1,250 per calendar month, equating to £15,000 per annum. The second is a two-bedroom flat achieving £1,350 per calendar month, equating to £16,200 per annum. Parking is also available at the rear of the property.
Copies of leases can be supplied to interested parties after initial inspection.
Lease details- 100 High Road- Approximately 8 years remaining. 102 High Road- Approximately 7 years remaining. Rear of 101- 102 High Road (detached unit)- Approximately 2 years remaining drafted outside the Landlord and Tenant Act 1954.
Early viewings recommended- please do not disturb the current tenants and arrange access through Franklin Commercial only.
More information
Listed by
Franklin Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Franklin Commercial. 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 Franklin Commercial for full details and further information.