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133-135 Walton Rd

5,317 SF Retail Building East Molesey KT8 0DT £1,400,000 (£263/SF) 5.80% Net Initial Yield

Investment Highlights

  • The property occupies a prominent position on the corner of Walton Road and Park Road
  • Hampton Court train station is located 0.8 miles from the property providing frequent national rail services into London Waterloo in 37 minutes
  • Hampton Court Park and Hampton Court Palace located 0.8 mile from the property

Executive Summary

The existing property comprises a 2-storey mixed-use freehold building consisting of a ground floor retail unit extending to 3,444ft²
and currently trading as an electrical store. To the rear of the unit are single storey storage units and a yard currently used for parking.
The first floor comprises a 3 bedroom residential apartment which extends to approximately 1,873ft² which is accessed via an external
staircase on Park Road.
Offers invited in the region of £1,400,000 which reflects 5.8% NIY and £263psf.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,317 SF
Year Built
1980
Price
£1,400,000
Price Per SF
£263
Net Initial Yield
5.80%
NOI
£81,200
Tenancy
Single
Number of Floors
2
Building FAR
0.65
Land Acres
0.19 AC
Frontage
34 ft on Walton Road
  • Listing ID: 33323331

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: 133-135 Walton Rd, East Molesey KT8 0DT

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