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40-42 Coombe Road, Kingston KT2 Investment for sale

£650,000

Property description

    Property features

  • Investment
    (Investment)
  • Dimensions: 150 m2
    (1610 ft2)

The properties forms part of a popular local parade of retailers and restaurants. The retail units are trading as an off licence/convenience store and a butcher.

To the first floor there are two self-contained one-bedroom flats accessed from Chesham Road, both are sold off on a long lease at a peppercorn ground rent

Location: The property is located on the south side of Coombe Road 0.2 miles from Norbiton BR Mainline Station. Coombe Road is an arterial route linking Kingston Upon Thames (westbound) and Raynes Park (eastbound).

Terms & conditions: 40 Coombe Road is let on a FRI lease for a term of 15 years from 24 June 2022, subject to a tenant only break clause after 10 years, at a rent of £20,000 per annum. 42 Coombe Road is let on a FRI lease for a term of 15 years from 31 May 2022, subject to a tenant only break clause after 10 years, at a rent of £20,000 per annum. TOTAL INCOME: £40,000 per annum

Sale: Offers in excess of £650,000

Additional information

Tenure

Freehold

Nearest stations

  • Norbiton (0.1 miles)
  • Kingston (0.6 miles)

Property location map

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