32-34 High St 2,336 SF Retail Building Weybridge KT13 8AB $1,528,643 CAD ($654.38 CAD/SF) 5.93% Cap Rate
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.
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
$1,528,643 CAD
Price Per SF
$654.38 CAD
Cap Rate
5.93%
NOI
$90,607 CAD
Tenancy
Single
Building Height
3 Stories
Frontage
18’ on High St
AMENITIES
- Bus Line
1 of 1
NEARBY MAJOR RETAILERS
