The Avenue, Sunbury-On-Thames £495,000

Sold STC
  • Photo 1
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  • Freehold Investment
  • Shop With Upper Parts
  • End of Terrace Property
  • Estimated Rental Value c. £28,920 pa
  • Well Established Business on Long Unexpired Lease Term
  • Affluent Location

A rarely available mixed-use freehold investment opportunity in the desirable location of Sunbury Village. The property is situated in a prominent end of terrace position on a busy local parade and comprises a fully let retail unit with spacious three bedroom split level maisonette above. The retail premises is let to a well-established hair and beauty business with an unexpired lease term of approximately 10 years at a rent passing of £13,500 per annum. The well-proportioned residential maisonette above benefits from excellent natural light and private balconies to the front and rear of the property. The maisonette is currently on the market at a guide rent of £1,285 pcm (£15,420 pa) and the combined estimated rental value of the property is therefore in the region of £28,920 per annum. This popular parade of shops is currently fully occupied by a broad mix of independent and national retailers serving the local affluent community and Sunbury village is considered to be a desirable residential location close to a picturesque stretch of river Thames.

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The Avenue
Sunbury-On-Thames TW16 5HS
County: Surrey
Sale Type: Sold STC
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