Under Offer

129 Hersham Road, Walton on Thames, KT12 1RW

  • Floor Area: 1,992 sq ft
Price: Offers in Excess of £525,000
  • Energy Performance Rating: C (70)
  • Business Rates Payable: £6,237.50 per annum
  • Ref: 292206
  • Type: Investment, Retail
  • Tenure: For Sale
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Key Points

  • Ground floor retail on popular parade with self contained 3-bedroom maisonette
  • Well positioned on Hersham Road
  • Ground floor let in a personal name and trading as a Thai Massage shop
  • Maisonette currently vacant

Property Summary

E-class Retail Investment with 3-Bedroom Maisonette

Description

The property consists of a ground floor E-class unit, currently used as a Thai massage shop with kitchen, WC, and storage. The upper parts comprise a large self-contained maisonette with four rooms, kitchen, bathroom, and roof terrace, accessed via separate front and rear staircases,

Location
Walton-on-Thames is an affluent Surrey town, approximately 12 miles southwest of Central London, with excellent road links via the A308, A309, M3, A3, and M25. The mainline station, a 10-minute walk away, provides regular services to London Waterloo in around 30 minutes.

The property lies on a busy retail parade on Hersham Road (A244), between the town centre and Hersham Village, featuring a mix of local retailers including Papa Johns and William Hill.

Viewings
Strictly by appointment with the sole agents Curchod & Co.

Terms
Freehold for sale with offers in excess of £525,000.

The ground floor is let on a 10-year eFRI lease from 4 December 2018 at £17,500 per annum, rising to £19,000 on 4 December 2025. The lease is outside the Landlord & Tenant Act 1954.

The maisonette is now recently vacant with a given ERV of between £1,600-£1,750 PCM.

Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Available Area

Name/FloorSQ FTSQ M
Ground94888.07
unit Maisonette1,04496.99

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