Investment For Sale, Chertsey
£299,000 Freehold
128-130 Guildford Street, Chertsey, KT16 9AH
Type
Investment
Status
Available
Size
1,167 sq ft
Key Features
- Prominent town centre location
- 15 year occupational lease dated 18th September 2024
- £22,000 per annum passing rent
- 5th yearly rent reviews
Property Details
128–130 Guildford Street, Chertsey Comprises A Ground Floor Freehold Retail Unit Extending To Approximately 1,167 Sq. Ft.
The Retail Accommodation Is Fully Let To Mobile Screen Ltd On A 15-year Lease Commencing 18 September 2024, Providing An Income Of £22,000 Per Annum. There Is A Tenant 5th Year Tenant Break Option And There Are Rent Reviews Every 5th Year (2029, 2034). The Lease Is Outside The Landlord & Tenant Act 1954.
The Two Residential Flats Above The Retail Unit Have Been Sold Off On Long Leases, Each For A Term Of 125 Years From 1 January 1996, Producing A Combined Ground Rent Income Of £100 Per Annum.
The Retail Accommodation Is Fully Let To Mobile Screen Ltd On A 15-year Lease Commencing 18 September 2024, Providing An Income Of £22,000 Per Annum. There Is A Tenant 5th Year Tenant Break Option And There Are Rent Reviews Every 5th Year (2029, 2034). The Lease Is Outside The Landlord & Tenant Act 1954.
The Two Residential Flats Above The Retail Unit Have Been Sold Off On Long Leases, Each For A Term Of 125 Years From 1 January 1996, Producing A Combined Ground Rent Income Of £100 Per Annum.
Location
Curchod & Co
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