56-58, High Street, KINGSTON UPON THAMES, Surrey, KT1 4DB

Freehold end terraced mixed use building comprising of four flats sold off on long leases and a ground floor shop Leased to the Post Office for 25 years, Rent review every 5 years with no break clause, Investment (Rent reserved £20,900) Location: The property is situated on High Street. Public transport links include Hampton Wick British Rail Station which provides a link to London Waterloo in approximately 33 mins, and Kingston mainline rail stations together with a network of local bus services serving the surrounding vicinity. Road links include the A308, A316 and the M3 Motorway. Shopping amenities can be found locally within Hampton Wick with an extensive range of shops, bars and restaurants being found in Kingston including The Bentall Centre. Recreational pursuits can be found locally at the open spaces of Langdon Park, Bushy Park / Hampton Wick and along the River Thames. Description: A freehold end terraced mixed use building comprising of four flats sold off on long leases and a ground floor shop which is let on a lease to Hampton Wick Local Post Office and Convenience Store. Tenancy: The ground floor shop is let on a lease for a term of twenty five years from 21st October 2019 until 20th October 2044 at a rent of £20,000 per annum. The lease has no break clause stipulated and is subject a rent review every five years with the next review January 2030. Leases: The building also comprises of three flats, all sold off on long leases (please refer to the legal documents for terms). The total ground rent payable on these three flats is £900 per annum. Rent reserved: £20,900 per annum