Located within popular London suburb on Ewell Road (A240) adjacent to Sainsbury's Local
Within walking distance of Surbiton Rail (services to London Waterloo in less than 20 mins)
Lot 53
Auction 14th February 2018
Rent £31,000 per Annum Exclusive
Status Sold
Price £375,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
1.8 miles south of Kingston upon Thames, 12 miles south-west of Central London
Roads
A3, A309
Rail
Surbiton Rail Stationm(19 minutes to London Waterloo)
Air
London Heathrow
Situation
Surbiton is a popular suburb of London within the Royal Borough of Kingston upon Thames. The property is situated on the eastern side of Ewell Road (A240), the main route between Surbiton and the A3 and directly adjacent to Sainsbury’s Local. The local area provides a mix of independent retailers, restaurants, cafés and office occupiers. Surbiton Rail Station is within walking distance and provides regular services to London Waterloo.
Tenure
Virtual Freehold. Held from CCHP1 Limited for a term of 999 years from completion of the sale at a peppercorn rent.
Location
Miles
1.8 miles south of Kingston upon Thames, 12 miles south-west of Central London
Roads
A3, A309
Rail
Surbiton Rail Stationm(19 minutes to London Waterloo)
Air
London Heathrow
Situation
Surbiton is a popular suburb of London within the Royal Borough of Kingston upon Thames. The property is situated on the eastern side of Ewell Road (A240), the main route between Surbiton and the A3 and directly adjacent to Sainsbury’s Local. The local area provides a mix of independent retailers, restaurants, cafés and office occupiers. Surbiton Rail Station is within walking distance and provides regular services to London Waterloo.
Tenure
Virtual Freehold. Held from CCHP1 Limited for a term of 999 years from completion of the sale at a peppercorn rent.
Description
The property comprises a ground floor retail unit, forming part of a larger building. The upper parts, not included, comprise newly developed residential apartments. The unit benefits from secure car parking for 4 cars.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit, forming part of a larger building. The upper parts, not included, comprise newly developed residential apartments. The unit benefits from secure car parking for 4 cars.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Lot
Unit
Floor
Use
Floor Areas (approx)
Tenant
Term
Rent p.a.x
Reviews
53
153-155 and 4 Parking Spaces
Ground
Retail
203.00 sq m
(2,185 sq ft)
LIME SHOWROOMS LIMITED (1)
15 years from 29/09/2017 (2)
£31,000
29/09/2022 and 5 yearly
Total
203.00 sq m
(2,185 sq ft)
£31,000
(1) Opened in 2007, Lime Showrooms are specialists in designing and creating the most desirable living spaces (Source: www.limeshowrooms.co.uk 15/01/2018). (2) The lease provides an option to determine on the fifth anniversary of the term.
Contacts
Seller's Solicitors
WSM (Solicitors) LLP Woodcock House, Gibbard Mews, 37-38 High Street, Wimbledon Village London SW19 5BY
