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Property Listing Details

2 bed property for sale

Criterion Buildings, Portsmouth Road, Thames Ditton KT7

  • Investment

£510,000

Property details

  • 2 bedrooms
  • 2 bathrooms
  • 2 reception rooms

Features

  • Unfurnished
  • Freehold Investment / Development Opportunity
  • Part Residential / Part Commercial
  • Attractive Period Building
  • Current Tile Business Unaffected
  • Excellent Transport Links
  • Close to River Thames
  • Close Proximity to Kingston / Surbiton / Thames Ditton
  • Upper Parts - 2 x Studio Apartments
  • Two Storey Residential - Vacant / Unmodernised
  • Entire Building Circa 1,700 Sq Ft.

Listing view statistics

Last 30 days: 109 page views

Since listed: 1747 page views

Description

Freehold Investment for sale. Fully-let shop (to an excellent local covenant as part of an extended ceramic tile show room). In addition, the upper parts feature 2 crudely converted self-contained studio apartments with the benefit of vacant possession.

Freehold Investment Opportunity, existing business unaffected. The building includes two large studio apartment over (each approx. 400sq. Ft.) in need of refurbishment. Simple reconfiguration required to convert back to a large split level singular apartment or 2 small one bedroom units (STPP). The shop is let on a secure lease dated 2012 for 10 years to a long-established retail and trade ceramic tile importer at a current passing rent of £10,400 per annum exclusive. The vacant unmodernised studio are separately accessed via a wide rear service-road with door to secure yard leading to an external staircase. Being located close to the University of Kingston campus this is an ideal opportunity to provide much needed residential accommodation.

Shop Premises: Fri lease granted in 2012 for 10 Years to a long established retail and trade ceramic tile importer.

Current Rent: £10,400 per annum exclusive for the shop.

Sale Price: The Freehold and associated shop lease is available for £550,000.

EPC: Energy Performance Certificate has been commissioned.

Located on the A307 Portsmouth Road (Nr St Leonards Road / Thorkhill Road / Ferry Road junction) connecting Kingston Town Centre with Surbiton and Thames Ditton. Forming part of a highly visible secondary parade of mixed retail units and supporting services & car showrooms. Close to the River Thames, the parade serves an affluent residential neighbourhood. Thames Ditton mainline station is within a short walk and in addition major bus routes pass the door. By car A3 is within a short drive and in turn provides swift access to the M3, M25, both main London Airports and the City Centre.

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Ditton Island Ferry Landing 0.3 miles
  • Thames Ditton 0.6 miles
  • Thames Ditton Junior School 0.4 miles
  • Long Ditton St Mary's CofE (Aided) Junior School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Ditton Island Ferry Landing 0.3 miles
  • Thames Ditton 0.6 miles
  • Thames Ditton Junior School 0.4 miles
  • Long Ditton St Mary's CofE (Aided) Junior School 0.4 miles

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The Agent

Price history

Sold prices provided by Land Registry
14th Dec 2017 £510,000 First listed
21st Apr 2017 £340,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Miles & Bird. 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 Miles & Bird for full details and further information.