Industrial for sale in Ground Floor, Pioneer House, 9 Church Street, Walton On Thames KT12

From £595,000 (£1,089.74/sq. ft)
Industrial for sale From 546 - 1,104 sq. ft*
Interested in this property? Call +44 1932 964708 * or Request Details

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Property description

Key Points

  • Both units let on 10 year leases
  • Town centre location
  • New build
  • Total income £41,000 per annum
  • Available individually or together
  • Description

    The investment comprises two ground floor retail units with glazed frontage, situated within a recently constructed three storey building with four residential flats above.

    Unit 1 is currently occupied by jk Nails (Slough) Limited at a rent of £22,000 per annum on a 10 year lease which commenced on 16th July 2019.

    Unit 2 is currently occupied by Mehmet Ali Limited at a rent of £19,000 per annum on a 10 year lease which commenced on 29th January 2020.

    Location

    The property is situated in a prominent location close to the traffic light junction with Bridge Road and High Street within Walton on Thames town centre opposite Barclays Bank. Other nearby national retailers include Marks & Spencer, Coral Bookmakers and the Nationwide Building Society. We understand Aldi are shortly to take space formerly occupied by Carpetright.

    Terms

    The premises are available by way of a new 999 year lease at a peppercorn ground rent.

    Price

    £595,000 plus VAT.

    Legal Costs/VAT

    Each side to be responsible for the payment of their own legal costs incurred in the transaction.

    Prices are quoted exclusive of VAT which may be charged.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Curchod & Co, KT13 on +44 1932 964708 * (local rate)

    Contact Curchod & Co about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Curchod & Co, and do not constitute property particulars. Please contact Curchod & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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