Estate Agent, Chessington, Greater London
442 Hook Rd, Chessington KT9 1NA, UKBasic Facts
| Property ID: 12597 | Post Updated: 2020-11-07 14:24:57 |
| Status: Sold | Type: Retail - other |
| Tenure: Virtual Freehold | Area: 600 sq ft |
| Gross Rent: £ 20,000 | Lease Term: 10 years from Apr '18 |
| Lease Term Expiry Date: 01/04/28 | Years left on Lease: 3.9 |
| VAT applicable: No |
Property Description
- Virtual Freehold (989 year lease) ground floor unit Investment.
- Double fronted corner property trading as an Estate agents.
Location Description
- Chessington is an area in the Royal Borough of Kingston upon thames within Greater London (historically part of Surrey).
- The popular theme park resort Chessington World of Adventures, which incorporates Chessington Zoo, is located in the south-west of the area.
- The property is located on the busy Hook Road, in affluent area close to Hook & Chessington North.
- It benefits from a busy local parade which services the large residential catchment area nearby.
Additional Notes
- Let to Nicholls Residential Ltd on an FRI lease for 10 years from April 2018 (no breaks) for current rent of £20,000 with open market rent review in April 2023.
- The tenant has 3 branches with the other 2 located in West Ewell & Epsom
Features
Customer car parking
Finance available
No Break clauses
No VAT applicable
Suitable for a SIPP
Under £500k
Virtual Freehold
