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47-49 Bridge Road, East Molesey, KT8 9ER

  • Auction
  • Lot -
  • United Kingdom
  • Mixed Use
  • Commercial

Sold Prior

Property Summary

  • Freehold three floor double fronted terraced building arranged as two shops   with 4 flats above
  • Investment
  • Total Current Rent Reserved £47,080 per annum with vacant possession of one flat

 

Contact Us

Jeremy Lamb
Jeremy Lamb
Property Agent, here to help.

Contact Us

Jeremy Lamb
Jeremy Lamb
Property Agent, here to help.

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Location

East Molesey is an historic and affluent market town a short distance from Hampton Court Palace and the River Thames. The property is located within a busy parade between Wolsey Road and Palace Road. There are numerous independent traders nearby including several fashionable restaurants & cafes, two public houses and a mini market. Further trade may be gained from the high level of pedestrian footfall and vehicular traffic going to and from nearby Hampton Court railway station.

Tenure

Freehold

Property Table

FloorAccommodationTenancyRent Per Annum
Flat 4-Second floorTwo bedroom self-contained flat G.I.A 48.97 sq m (527 sq ft)Vacant 
Flat 3-First floorSelf-contained studio flat. G.I.A 23.23 sq m (250 sq ft)Let on a 12 month assured shorthold tenancy from 26/06/2012 (holding over)£6,240
Flat 2-First floorSelf-contained studio flat G.I.A 27.3 sq m (294 sq ft)Let on a 12 month assured shorthold tenancy from 24/01/2012 (holding over)£6,180
Flat 1-First floorNon self-contained studio flat G.I.A 23.23 sq m (250 sq ft)Let on a 12 month assured shorthold tenancy from 09/11/2002 (holding over)£6,000
Ground floor shopsRetail area, kitchenette and storage area, two offices, kitchen, 2 separate wcs-N.I.A 87,36 sq m (940 sq ft)Let to In Harmony, Spirit and Balance Limited on a 10 year FR & I lease from 28/11/2014 and is subject to a rent review on 28/11/2018 and every 2 years thereafter£28,560
BasementSold on a lease for a term of 125 years from 24/06/2004 at a ground rent of £100 per annum 
  Total£47,080

VAT

Please refer to Legal Documents

Buyer's Fee

A Buyer's Fee of £10 (inclusive of VAT) is applicable to the successful purchaser of this lot. If you have not made the successful bid for the property, the Buyer's Fee will be refunded to you.

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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