Summary - 83, STATION ROAD KT15 2AR
1 bed 1 bath Retail Property (high street)
Compact high‑street freehold with immediate rental income and refurbishment potential.
Rental income £20,500 per annum
Freehold mixed‑use unit: shop plus self‑contained flat
Compact total area 448 sq ft (small footprint)
Let on 20‑year FRI lease from 25 Dec 2007 (verify remaining term)
Includes garage, store, external WC and one parking space
Excellent transport links; station within five minutes' walk
High local crime rate — may affect tenant mix and value
No flood risk; fast broadband and excellent mobile signal
This compact freehold on Addlestone’s Station Road offers a straightforward high‑street investment: a ground-floor E Class retail unit with a self‑contained flat above and a current passing rent of £20,500 per annum. The property sits within a busy retail parade a short walk from Addlestone station and close to major road links, giving strong tenant demand potential for both retail and residential uses.
The building includes ancillary storage, a garage and one off‑street parking space — useful practical extras for a town‑centre unit. The mixed‑use layout (shop below, residential above) attracts investor buyers seeking income plus the option to reconfigure or refurbish the upper parts to maximise value. No flood risk and fast broadband/mobile signal support modern occupiers.
Notable encumbrances and cautions are stated plainly: the premises are let on a full repairing and insuring lease dated 25 December 2007 for a 20‑year term (buyers should verify the current lease status and any outstanding term), and the local area records a high crime rate which may affect certain occupier types and valuations. The building is small (448 sq ft) with a modest retail footprint, so suitability is limited to small retailers or service operators.
In short, this is a compact, well‑located town‑centre freehold with immediate rental income and short‑term asset management opportunities. It will suit investors wanting a low‑management high‑street holding, or buyers prepared to invest in refurbishment or re-letting strategies to increase returns.
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