Land for sale in Station Road, Thames Ditton KT7

2A Station Road is a freehold property which includes the shop and annexe to the left hand side. These are currently let on short leases outside the Act without security of long term tenure for these tenants. So, both can be empty if required, subject to lease terms..
The income derived is £8,000.00pa (accountants) from the shop and £4,750.00pa from the annexe, which is currently a book store. The nail bar to the right and the flat above 2 Station Road fall under the freehold banner but they are sold on 1,000 year leases; so there is no additional income from these.

However, these 2 units pay 1/3 each towards outside maintenance and insurance. The property had a new roof a couple of years’ ago and currently all 3 parties pay £25.00 a month towards maintenance and insurance.
There is possible potential subject to planning to enlarge the annexe and/or possibly create a studio flat there in its place, subject to planning

The property consists of four units: A commercial unit at 1 High Street, a first-floor flat at 4 Station Road, a residential unit at 2 Station Road, and an annexe that is currently let to a book shop. The commercial unit is let on a very long lease and is currently being used as a nail bar. The first-floor flat is a nice 2-bed unit also on a long lease. 2 Station Road is currently rented until May 2024 at a rate of £8,000 per year. The annexe is also currently let on a 1-year tenancy to a book shop for £4,750 per year . The annexe also has a cellar that measures approximately 10' x 9'. There is a courtyard, which is not designated for parking, but could potentially be used to build an extension to the annexe as long as the flat has pedestrian access to the front door.

It comprises;- 1 High Street (let on a very long lease and is currently a nail bar) 4 Station Road, a nice 2 bed first floor flat also on a long lease, 2 Station Road, our shop ( a little but very nice lock up shop), the Annexe (photos attached and is currently let on a 1 year tenancy to a book shop for £4750 per year. There is also a courtyard, not for parking but could be used to build on to extend the Annexe as long as the flat has pedestrian access to her front door. The Annexe has a cellar about 10' x 9'.