£345,000 For Sale

Bridge Street, Walton-On-Thames


BOLD FREEHOLD SHOP PREMISES (1038 SQ. FT., 96.5 M2) IN THE HEART OF THE WALTON-ON-THAMES CONSERVATION AREA. IDEAL AS AN INVESTMENT OPPORTUNITY, OWNER-OCCUPATION OR CONVERSION TO 2 MAISONETTES (STPP SEE BELOW). ESTIMATED RENTAL VALUE £20,000 PER ANNUM EXCLUSIVE.  AVAILABLE WITH FULL VACANT POSSESSION. 

Forming part of the thriving Walton conservation area of supporting shops, cafes and destination retail and within a short stroll of the Marks and Spencers food hall in a desirable Surrey commuter town.  Bridge Street is adjacent to High St Walton and therefore yards from the chain retailers, banks and pubs, restaurants and supporting professional services and provides easy access to the M3, M25, Heathrow and City Centre.

FREEHOLD FOR SALE. Bold return-fronted shop extending to some 28’ located in the desirable Walton conservation area. The shop has been owner-occupied for some years and would suit similar occupation. We believe the property is also suitable for SIPP investment and we estimate a market rent of £20,000 PAX.  Alternative uses considered (professional/clinical) subject to planning permission.

A fully glazed shop-front of some 28’ leads to an open-plan display area and additional office  which in turn leads to preparation and storage space.  An additional external store is included. The internal layout can of course be revisited to create a tailored workspace.  The premises are centrally heated and has the added benefit of some external storage and rear access. The upper floor offices have been sold on a 999- year lease at a peppercorn ground rent therefore suitable for SIPP investors (STC).

Shop area:  584 sq. ft.  (54.2 M2)
Office and stores: 454 sq. ft.  (42.2 M2)

Residential Use:  please visit http://www.elmbridge.gov.uk/planning/find-application for details.

SALE PRICE:  £345,000 for the freehold interest.

RATEABLE VALUE:  £17,000, verbally informed rates payable to be £8200 per annum

ENERGY PERFORMANCE: An Energy Performance Certificate is available to view.

VIEWING: Strictly by appointment with the owner’s joint agents Miles & Bird.  Call us on 020 3875 3875 to arrange an appointment to view,

 

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