Investment
22 – 22a High Street, Weybridge, Greater London, KT13 8AB
PRIME GREATER LONDON INVESTMENT
- Weybridge is an affluent and highly desirable commuter town, located 17 miles south-west of central London
- A prime Greater London retail and residential investment, consisting of two shops and two 2-bedroom maisonettes let on ASTs
- Let to Waterstones, on assignment from Bank ofScotland Plc and Kokoro UK Limited
- WAULT of 5.23 years to expiry and 3.73 years to break on the commercial income
- Strong residential market with values significantly above the national average and rental growth in the last 18 months
- Total rental income: £131,200 per annum
Proposal
We are instructed to seek offers in excess of £1,600,000 (One Million Six Hundred Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 8.42% on the commercial income and £352 psf capital value on the residential flats after allowing for standard purchaser’s costs.
If you require further information or to arrange an inspection, please let me know.
For further information please contact agents: