Summary - FLAT C, 7, WINDSOR STREET KT16 8AY
1 bed 1 bath Retail Property (high street)
Income producing retail unit with long‑lease flats in central Chertsey.
Prominent town‑centre freehold with wide glazed shopfront
Ground floor let to long‑established business at £14,500 pa
Three flats above on long leases; combined ground rent £750 pa
Grade II listed — alterations restricted; listed status may complicate works
Building largely re‑built in 1985 and reported in great condition
Small plot with limited scope for extension or redevelopment
Located ~0.25 km from Chertsey station; excellent road connectivity
Crime level above average locally — consider security implications
This prominent mixed‑use freehold on Windsor Street offers a compact high‑street investment with immediate income and long‑lease residential flats above. The ground floor is let to an established occupier, providing a passing rent of £14,500 per annum under a 10‑year eFRI lease from August 2020. The upper three floors are separately long‑leasehold flats paying a combined ground rent of £750 per annum, creating a simple income profile for a purchaser.
The building is Grade II listed and was substantially re‑built in 1985; it is described as being in great condition with a wide glazed shopfront that benefits from strong footfall on one of Chertsey’s main thoroughfares. The property sits about a five‑minute walk from Chertsey station and has convenient access to the M25 and M3, supporting regional occupier demand. Local amenities and schools including several Good and Outstanding rated options add appeal for future tenants or owner occupiers of the flats.
Material considerations are straightforward: listed status will restrict alterations and may complicate repairs or change of use. Crime levels are above average for the area, and the plot is small, which limits expansion potential. The existing commercial lease includes a fifth‑year break and the upper floors are sold on long leases with scheduled ground rent increases every 25 years; buyers should review lease terms and tenant covenants carefully.
Offers are invited around £210,000 for the freehold. This property suits an investor or buyer seeking a town‑centre freehold with immediate rent roll and low management complexity, provided they are comfortable with listed‑building constraints and the local crime profile.
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