Address
Kingston Upon Thames
KT2 5EN
Location
Description
Offers in excess of £750,000
Freehold investment comprising a vacant ground floor shop unit, large rear store and split level three-bedroom flat, which is currently let on an AST agreement.
The vacant shop measures approximately 630 sq ft a. There is also a basement of approximately 75 sq ft with a ceiling height of 5' 5" The rear store is accessed off Gibbon Road and measures 475 sq ft.
The flat is accessed from a door at the front of the building. On the first floor there is a large living room measuring 16'10 x 11' 11", bedroom of approximately 9' 9" x 11' 8" and a bathroom with separate WC. The kitchen measures approximately 7' 5" x 10' and has a small outside area.
The second floor comprises two further bedrooms, one measuring approximately 9' 9" x 9' 7" and the other of approximately 15' 9" x 12' 2".
The flat is currently rented on an AST agreement at £1,000pcm, but is significantly under rented, however it does require updating/ refurbishment.
Early viewings recommended by appointment through Franklin Commercial only.
General Information
Tenure: Freehold
Price/premium: £750,000
Legal fees: Each party to bear their own
Rateable value: The VOA website states a rateable value for the shop of £9,300, payable at the prevailing rate.