Retail premises for sale in 47 High Street, Walton On Thames KT12

Walton on Thames is an affluent market town located approximately 18 miles south west of London, five miles west of Kingston and nine miles south of Richmond. The town benefits from excellent road links with access to the A3 and M3 as well as direct rail links to London Waterloo.

The corner unit is located on the High Street close to then entrance to the Heart of Shopping Centre. Local occupiers include Boots, Marks and Spencer Simply Food, Aldi, Holland & Barrett, Sports Direct and Clarks to name a few.

The building is Grade II listed and is arranged over ground and two upper floors.

The ground floor commercial unit benefits from a kitchen, WC and rear loding / access. The unit has an approximate floor area of 764 sq ft (72 sq m).

The self-contained residential unit is accessed from the rear and is arranged over first and second floors. The flat benefits from a kitchen, two bedrooms, reception / dining area and a bathroom. The flat has an approximate floor area of 1,248 sq ft (115 sq m).

The ground floor is under offer on a new effective full repairing and insuring lease for a term of 10 years at £23,000 per annum exclusive. The lease is subject to a rent review and tenant only break option after five years. There is a four month rent free period.

The commercial unit has a rateable value of £17,000.

The flat has an Energy Performance Rating of C.

The property is not elected for VAT.

We are instructed to seek offers in excess of £650,000 (Six Hundred & Fifty Thousand Pounds) subject to contract and exclusive of VAT.