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32-34 High St
Weybridge KT13 8AB

Retail Property For Sale

Investment Highlights

  • Well positioned on Weybridge High Street
  • Junction 11 of the M25 motorway is approximately 3 miles away
  • Affluent location with high footfall
  • Providing good access to both Heathrow and Gatwick Airports and the motorway network

Executive Summary

The property comprises a ground floor E-class premises let to Lark London on a 10-year lease, expiring in June 2031, with a break clause and rent review in June 2026. The lease is contracted outside the Landlord and Tenant Act, and the passing rent is £30,000 per annum.
The upper parts consist of a self-contained three-bedroom flat, featuring a kitchen, living room, and two bathrooms, measuring approximately 1,531 square feet. The flat is currently generating £18,900 per annum.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,336 SF
Building Class
B
Year Built
1904
Price
$1,470,570 CAD
Price Per SF
$630 CAD
Cap Rate
5.93%
NOI
$87,165 CAD
Tenancy
Single
Building Height
3 Stories
Frontage
18 ft on High St

Amenities

  • Bus Line
  • Listing ID: 32282513

  • Date on Market: 2024-06-28

  • Last Updated:

  • Address: 32-34 High St, Weybridge KT13 8AB

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