Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding, mixed-use, investment occupying a prominent corner pitch in Epsom.
Arranged across ground, first and second floors, the property comprises a retail unit to the ground floor with office accommodation to the upper parts.
The property is fully let to two separate tenants producing a total rent of £30,750 per annum.
We consider the property to have asset management potential via improvement of rent to the retail unit which is currently passing off a low £16.72 per sq ft.
The property occupies a prominent corner pitch at the junction of High Street, East Street and Church Street. The area is characterised by a mix of local and national occupiers including McDonalds, Savers and Robert Dyas
Tenure
Freehold
Tenancy
The ground floor is let to Games Workshop Limited on a lease expiring July 2027 and paying £14,250 per annum.
The upper parts are let to Panache Professional Services Limited on a lease expiring March 2034 and paying £16,500 per annum.
Please see the tenancy schedule for more information.
Planning
Whilst there are no extant planning consents, the property may have potential for conversion to alternative uses, including residential, subject to the existing leases and any requisite consents.
Rent