6 Upper High Street

Epsom, Surrey, KT17 4QJ

0 sq ft Retail, Investment Property, Development (Land & Buildings), For Sale

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Mixed Use Investment with Development Potential

Property Type Retail, Investment Property, Development (Land & Buildings)
Tenure For Sale
Size 0 sq ft
Freehold Price £575,000

Key Points

  • Asset Management Potential
  • Development Potential
  • Town Centre Investment

Location

The property is located in Upper High Street, a short distance from the junction with High Street in Epsom town centre and within a busy retailing pitch. Epsom provides an array of retailing facilities including many national operators. Furthermore, Epsom is a good commuter town offering direct rail services to central London with a quickest journey time of 36 minutes.

The property comprises a mixed use property fronting Upper High Street with a separate detached building at the rear. The main building is a four storey mid-terraced property comprising a groud floor retail unit (with basement accommodation). Above the retail unit and accessed separately at the rear (from Depot Road) is a split-level, three bed mainsonette. To the rear of the property and fronting Depot Road, there is a separate semi-detached building comprising a first floor office / laboratory suite above a single garage.

Groud Floor Shop

Sales Area   39.80 sq m   428 sq ft  
Kitchen   8.53 sq m   92 sq ft
Storage    1.04 sq m   11 sq ft

Basement

Front Room   28.69 sq m   309 sq ft  
Kitchen 10.94 sq m 118 sq ft
Storage   1.24 sq m   12 sq ft

 Office / Laboratory & Garage

First Floor Office / Lab   21.27 sq m   229 sq ft  
Garage 19.17 sq m 206 sq ft

 Residential Maisonette

Bedroom 1   3.05m x 4.18m  
Bedroom 2 2.32m x 4.16m
Bedroom 3 3.63m x 3.63m
Bathroom with hand basin    
WC with hand basin  
Living Room 5.37m x 5.29m
Kitchen 3.33m x 3.49m
Bathroom with hand basin  

Tenure

The property is offered Freehold, subject to the following tenancies;

Ground Floor Retail (inc Basement) - Held by way of a FRI lease vested with Domenico Agostino and Miryam Christina Villamizar (by way of assignment of the original lease in 30th March 2015) for a term expring 4th September 2019 at an annual rent of £13,500 per annum exclusive. 

Office / Lab & Garage - Held by way of a FRI (with some external exclusions) lease vested with Beluga Ceramic Studios for a term expiring 31st March 2020 at an annual rent of £5,000 per annum exclusive.

Residential Maisonette - Held by way of an assured shorthold tenancy dated 10th March 2011 expiring 9th March 2012 (currently now holding over) vested with Mr Harry Mapston at a rent of £900pcm.

Viewings

Strictly with sole agent Hurst Warne.