Investment

36-41 Market Place, Kingston upon Thames, Surrey, KT1 1JQ

Rare Retail and Residential Investment in an affluent Greater London Town Centre

36/41 Market Place

1/1a Eden Street

3/5 Apple Market

 

  •  The property forms part of an island site, located on the pedestrianised Market Place,  Eden Street and Apple Market
  • An attractive Victorian retail parade with 7 shops and 17 flats above, let on ASTs
  • 56% retail income (£292,581 per annum after shortfalls)
  • 44% residential income  (£232,164 per annum)
  • Combined income of £524,745 per annum
  • Excellent asset management opportunities
  • Freehold

We will be seeking offers in excess of £6,650,000 subject to contract and excusive of VAT. A purchase at this level reflects an attractive net initial yield of 9.29% on the retail income and £390 per sq ft CV on the residential uppers.

For further information please contact agents: