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122-176 Walton Rd 598 SF Retail Building East Molesey KT8 0HP $1,068,738 CAD ($1,787.19 CAD/SF) 5.22% Cap Rate

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INVESTMENT HIGHLIGHTS

  • East Molesey is an affluent commuter town located some 14 miles south-west of Central London
  • Hampton Court Rail Station provides regular services to London Waterloo (fastest journey time 37 minutes)
  • The town is located south of the A308 which links to the M3 (Junction 1) and M25 (Junction 12)

EXECUTIVE SUMMARY

The property comprises a ground floor shop and self-contained maisonette on first and second floor.
The OIRO is £575,000 with gross Initial Yield of 5.22% and a rental Income of £30,000 p.a.
Entirely let on a lease expiring in 2036 (no breaks).

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
598 SF
Building Class
C
Year Built
1921
Price
$1,068,738 CAD
Price Per SF
$1,787.19 CAD
Cap Rate
5.22%
NOI
$55,760 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.46
Lot Size
0.03 AC

AMENITIES

  • Energy Performance Rating - C
  • Storage Space

NEARBY MAJOR RETAILERS

Tesco Superstore
Morley's Fried Chicken
Londis
Sainsbury's
Tesco
Zizzi
Costa Coffee
Curves
  • Listing ID: 33323092

  • Date on Market: 2024-09-27

  • Last Updated:

  • Address: 122-176 Walton Rd, East Molesey KT8 0HP

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