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DESCRIPTION
The property comprises a two storey mid terrace building with a prominent retail unit on the ground floor with rear access for loading and a self-contained two bedroom flat on the first floor. The property has been trading as a florists for around 40 years under the same ownership throughout this time.
Ground Floor Retail
A ground floor self-contained shop premises which can be used for a variety of uses, including retail, offices, medical, café restaurant use. The premises have been extended at the rear and provides a kitchen, WC and storage area.
First Floor Flat (2 bedrooms)
A recently refurbished first floor flat comprising a large living room, 2 bedrooms, an open plan fitted kitchen and bathroom/WC. Amenities include full gas fired central heating and double glazing throughout.
- Prominent 2 storey property situated virtually opposite Shepperton main line railway station;
- Ground floor retail has been trading as a florists for over 40 years.
- Superb self-contained first floor 2 bedroom flat;
- Ideal purchase for an owner occupier or investor;
- Potential rental income of £38,000 per annum.
-
WC
-
Kitchen
-
Rear Loading Area
-
Self Contained
-
Rear Storage Area
-
2 Bed Flat
TERMS
The property is to be sold Freehold with full vacant possession.
Sale Price: £550,000 (Five Hundred and Fifty Thousand Pounds), subject to contract.
RATES
Retail Unit:
Rateable Value - £5,100 / Rates Payable (21/22) - £2,544
VAT
We are advised that the property is not elected for VAT.
ACCOMMODATION
| Floor |
Size |
Price/Rent |
Rates Payable |
| Ground Retail |
607 sq ft - 56 sq m |
|
£2,544 |
| 1st Floor Flat (2 bedrooms) |
443 sq ft - 41 sq m |
|
|
| Total |
1,050 sq ft
(98 sq m) |
|
|
LOCATION
The property is prominently located on Station Approach within 100 metres of Shepperton train station. Shepperton provides a direct service to London Waterloo via Kingston and Wimbledon with a journey time of approx. 55 minutes. It is also located within a short walk of Shepperton High Street which is host to retailers such as Costa Coffee, Boots and Sainsbury’s Local.
Shepperton Studios, which is situated in the area, is being extensively expanded to provide approximately 1.2 million sq ft of new studio space, creating one of the largest film and TV studios in the world.
Amazon and Netflix have recently signed exclusive contracts in excess of 10 years to produce new TV and movies from this centre.
This will hugely enhance the local economy, potentially increasing values.