DESCRIPTION

A 4 storey property comprising 2 self contained retail units (one with a basement) and 4 self contained studioflats on first and second floor levels, approached by an entrance in St James’s Road, an adjoining road.

4 Victoria Road: A restaurant let to Nesti Kolovos t/a Allegro who hold a 15 year FRI lease from 29thSeptember 2024. The tenant has been trading from these premises for some 17 years.

5 Victoria Road: A retail unit let to Surbiton Hardware Ltd who hold a 15 year FRI lease (with a tenant break at the 10th year) from 4th August 2025.

4A, 4B, 5A & 5B Victoria Road: 4 self contained studio flats on first and second floor levels, approached by an entrance in St James’s Road. All tenancies are on ASTs with occupancy restricted to one tenant. Each flat is equipped with mains gas and water with each having access to a shared flat roof.

Surbiton is an affluent and popular commuter town situated some 12miles south west from Central London.

The properties are situated in a prime pitch some 50 metres from Surbiton mainline station with a journey time of 18 minutes to London Waterloo.

The properties are within the Surbiton Town Centre Conservation Area and are also Grade 2 listed.

A 4 storey property comprising 2 self contained retail units (one with abasement, let on long leases and 4 self contained studio flats at upper levels, all let on ASTs.

Approximately 4,868 sq ft commercial and 2,177 sq ft residential.

Total current rental income £146,580 per annum (73% commercial /27% ASTs).

Fixed rental increase on the 5 Victoria Road retail unit rent in August 2027 to £62,500 per annum.

Potential to increase the total income to £165,650 per annum.

Freehold.

We are advised that the properties are not elected for VAT.

ACCOMMODATION

Floor	Size	Price/Rent	Rates Payable
4 Victoria Road - Restaurant	1,230 sq ft - 114 sq m
5 Victoria Road - Hardware Store	3,638 sq ft - 338 sq m
4a Victoria Road - 2nd Floor flat	596 sq ft - 55 sq m
4b Victoria Road - 1st Floor flat	600 sq ft - 56 sq m
5a Victoria Road - 2nd Floor flat	493 sq ft - 46 sq m
5b Victoria Road - 1st Floor flat	488 sq ft - 45 sq m
Total	7,045 sq ft (655 sq m)

LOCATION

The properties are situated in Victoria Road, the main retail centre in Surbiton and occupy a prominent pitch virtually opposite Surbiton mainline railway station. Surbiton is an established and affluent location, situated some 10 miles from Central London and 1.5 miles from Kingston town centre. There are excellent communication links into Central London with Surbiton mainline railway station offering a fast and frequent rail service to London Waterloo in approximately 18 minutes. The town is also well serviced by an extensive bus network and road connections via the A3.The immediate surrounding area is characterised by a strong mix of national and independent retailers, restaurants, cafes and leisure operators. Notable nearby occupiers include Gail’s, Caffè Nero, Waitrose mainstore, M&S Simply Food, Holland & Barrett, The Gym Group, Boots, Megan’s and a Sainsbury’s supermarket.