Under Offer

TypeRetail Investments

KT15 98 Station Road, Addlestone

TenureFor sale

98 Station Road, Addlestone, KT15 1/4

Specification

Building size
Building size 2,260 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

An attractive freehold retail investment prominently positioned within a busy parade on Station Road, Addlestone. The property is let to Savers on a 5-year full repairing and insuring lease from November 2022. Situated within an established retail pitch benefiting from strong footfall and nearby national occupiers, the property presents a well-located retail investment opportunity.

The property is held freehold and let to Savers under a 5-year FRI lease that commenced November 2022. The current passing rent is £31,350pa. The freehold title benefits from a the long leasehold of 98a which currently has 60 years until expiry paying a ground rent of £100pa.

Location

The property is situated in a prominent position along Station Road, Addlestone, within a busy and well-established retail parade. The area benefits from strong pedestrian flow, nearby national and independent occupiers, and is within close proximity to Addlestone railway station, providing convenient access to surrounding towns and London.

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