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26-28 Molesey Rd 2,098 SF 100% Leased Office Building Walton On Thames KT12 4RQ $968,320 CAD ($461.54 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prominent corner location on Molesey Road
- This modern fully let office investment comprises two self-contained office suites, each with its own independent access and allocated parking.
- Hersham Railway Station is nearby, providing a connection to London Waterloo with an approximate journey time of 35 minutes.
- Property is held on a long lease of 125 years from 29 September 1984 leaving approximately 84 years remaining at a nominal ground rent of £1 per yea
EXECUTIVE SUMMARY
Offered at a guide price of £520,000 (plus VAT), this investment property provides an annual rental income of £48,800, equating to a gross yield of approximately 9.3%.
Lease details: Ground floor - A 10 year lease was granted in February 2018. 1st floor office - 10 year lease from March 2023 with a Tenant only option to break at the end of the 5th year with six months prior written notice.
Lease details: Ground floor - A 10 year lease was granted in February 2018. 1st floor office - 10 year lease from March 2023 with a Tenant only option to break at the end of the 5th year with six months prior written notice.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
2,098 SF
Building Class
B
Year Built
1970
Price
$968,320 CAD
Price Per SF
$461.54 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,049 SF
Building FAR
1.75
Lot Size
0.03 AC
AMENITIES
- Storage Space
1 1
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26-28 Molesey Rd
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