Income-producing town centre site with redevelopment potential and immediate retail rent.
Retail income £106,600 pa from established tenants Betfred and Valentina Deli
Four flats sold on long leases; negligible ground rent (£40 pa)
Freehold building on circa 0.25 acre site with large rear car park
Rear car park offers redevelopment potential subject to planning consents
Not listed and outside a conservation area (easier planning route)
Off‑street parking presently used by shops and flats
Location: affluent Weybridge town centre with fast broadband
Limited landlord control of residential units due to long leasehold sales
A rare freehold mixed‑use investment in Weybridge town centre, this Georgian-fronted building delivers stable retail income from two long-standing ground floor tenants and sits on a large rear site of circa 0.25 acres. The ground floor shops (E Class) are let to Betfred and Valentina Deli producing £106,600 per annum, providing immediate, market-facing cashflow. The property is offered with the flats sold on long leases, reducing day-to-day landlord management but limiting control over the residential accommodation.
The rear surface car park, accessed via Holstein Avenue, offers potential for residential redevelopment (apartments or houses) subject to obtaining planning consents. The building is not listed and lies outside a conservation area, which may simplify applications. Off‑street parking currently serves both commercial and residential occupiers, and the location benefits from fast broadband, excellent mobile signal and low local crime in a very affluent area.
Buyers should note material constraints: the four flats have been sold on long leases and produce only £40 per annum in ground rent, so they contribute negligible income and restrict redevelopment or refurbishment options without agreement from leaseholders. Any change of use or development of the car park will require planning permission and separate statutory consents. Offers are invited in the region of £1,500,000 for the freehold interest.
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