£90,000

Property for sale

  1.  203 Kingston Road, Leatherhead, Surrey Kt22 7Bp
  2.  203 Kingston Road, Leatherhead, Surrey Kt22 7Bp
  3.  203 Kingston Road, Leatherhead, Surrey Kt22 7Bp
Just added
Auction

From

£90,000

Property for sale

Woodvill Road, Leatherhead KT22

Local area information

Property location

Nearby amenities

  • Leatherhead Trinity School and Children's Centre 0 miles
  • Leatherhead 0.3 miles
  • St John's School, Leatherhead 0.4 miles
  • Ashtead 1.5 miles

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

Read our area guides for Leatherhead and Ashtead to find out more about the local area.

Features and description

  • To be offered on Tuesday 25 November
  • Freehold Betting Office and Residential Ground Rent Investment
  • Well located in the popular commuter market town
  • Shop let on a recently renewed lease to Coral expiring 2029(1)
  • VAT is applicable
  • Total Current Rents £10,200 p.a. (Reflecting 11.11% giy)
Strapline

Auction Sale - 25/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

Freehold Betting Office and Residential Ground Rent Investment located in the popular commuter market town of Leatherhead. Current Rents £10,000 p.a.

Description

The property comprises a ground floor shop with a self-contained maisonette above.

The maisonette has been sold off on a long lease.

Location

Leatherhead is an historic market town nestled in the heart of Surrey’s Mole Valley district, approximately 17 miles south of Central London. Popular with commuters and known as the “Gateway to the Surrey Hills, ” it sits where the chalk hills of the North Downs meet the Thames lowlands, offering a picturesque blend of countryside charm and urban convenience.

The property is located on Kingston Road, a prominent commercial throughfare in Leatherhead connecting it's town centre with surrounding villages such as Pachesham Park.

Nearby occupiers include a number of local occupiers.

Transport

Rail - Leatherhead Railway Station provides regular direct services to London Waterloo, London Victoria, Guildford, Dorking and Epsom.

Road - Leatherhead is strategically positioned near the M25 motorway and the A243.

Tenancy

Let to Coral Racing Limited on a full repairing and insuring (fr&I) lease for a term of 5 years from March 2025 at £10,000 per annum.

(1)The lease provides for an annual tenant break option subject to six months written notice.

The maisonette above is let on a lease for a term of 125 years from October 1991 (thus having c. 91 years unexpired) at a current ground rent of £200 p.a. The ground rent doubles in 2043 and again in 2069.

Accommodation

Ground Floor - 66.4 sq m (715 sq ft)

Maisonette (Sold Off) - 44.0 sq m (474 sq ft)

Total- 110.4 sq m (1,189 sq ft)

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Savills - National Auctions. 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 Savills - National Auctions for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. Leatherhead
  5. Woodvill Road