Property Description
Located in the community focused suburban town of West Ewell. The investments includes 220 Chessington Road comprising of ground floor corner retail unit, detached workshop and garages, and 220a Chessington Road comprising of a ground and first floor maisonette and large garden area. All lettable floorspace on the current property is tenanted with a current income of £37,560 per annum exclusive of Rates & VAT. A total lettable area of 1,827 square feet (169.75 square meters). The subject property is situated along a popular shop parade in a heavily residential area with high levels of road and foot traffic. Potential for extensions to both the retail unit and maisonette, with added opportunity for loft conversion. Potential for re-development to the detached workshop and garages at the rear of the property (subject to planning). The neighboring businesses to the property are predominantly locally based with a mixture of letting agencies, newsagents, fast food outlets, barbers and a pharmacy with the only current national retailer being Coral. Awaiting EPC.
Specification and floor areas
- Net Internal Floor Area
Measurement | imperial | metric |
---|---|---|
Ground Floor | 1,827 sq.ft | 170 sq.m |
Total Floor Area | 1,827 sq.ft | 170 sq.m |
Financials
For sale: (subject to contract)
- Price £745,000 equating to £408 psf