27-27A Pound Ln 500 SF Retail Building Epsom KT19 8RY $468,290 ($936.58/SF)
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a mixed-use property close to Epsom town centre comprising a ground floor shop
- The property is located in the Pound Lane parade which includes a variety of independent businesses with free on street parking
- Self- contained two-bedroom maisonette accessed via a shared service road at the rear, and an external garage unit
EXECUTIVE SUMMARY
PRICE
£350,000 subject to contract.
TENURE
Freehold subject to the existing expired leases.
LEASES
The commercial tenant is holding over from their 6 year lease from the 30th April 1998. Annual rent £4,800 per annum exclusive. No Section 25 notices have been served.
The residential tenant is in occupation under a statutory periodic tenancy. The original AST expired 25th August 2006 and the current rent is £650 per calendar month.
£350,000 subject to contract.
TENURE
Freehold subject to the existing expired leases.
LEASES
The commercial tenant is holding over from their 6 year lease from the 30th April 1998. Annual rent £4,800 per annum exclusive. No Section 25 notices have been served.
The residential tenant is in occupation under a statutory periodic tenancy. The original AST expired 25th August 2006 and the current rent is £650 per calendar month.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
500 SF
Year Built
1980
Price
$468,290
Price Per SF
$936.58
Tenancy
Single
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.04 AC
Frontage
15’ on Pound Lane
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
