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4 Criterion Buildings, Thames Ditton, KT7 0SS

362 sq ft (34 sq m)

Offers in the region of £195,000 for the Freehold interest

Retail - For Sale

Retail
  • VACANT FREEHOLD CLASS E PREMISES
  • SUBJECT TO LONG LEASEHOLD OF THE UPPER PARTS

The property comprises a mid terrace ground floor retail premises with a residential flat to the remainder of the rear ground floor, rear yard, garage and two upper floors which is accessed from the rear and subject to a long lease at a ground rent.


The vacant ground floor commercial premises provides a retail area, kitchen and WC.

Location

The property is located in Thames Ditton in the Borough of Elmbridge approximately 11.8 miles southwest of the centre of London.

Situated in a tertiary neighbourhood parade of shops with residential upper parts, other retailers include a patisserie, beauty salon, barbers, convenience store, dry cleaners and the nearby Ferry Public House.

The parade is on the Portsmouth Road which connects to Surbiton and Kingston upon Thames to the east and Esher and Cobham to the west.

Thames Ditton railway station is approximately 0.7 miles which connects to London Waterloo with a travel time of approximately 36 minutes.

Accommodation

The property has a total approximate net internal floor area of:-

33.6 sq. m (362 sq. ft)

Rates

Rateable Value: £9,200

For confirmation of rates payable, please contact the business rates department of Elmbridge Borough Council.

Lease

FREEHOLD subject to a long lease of the flat granted from 25thDecember 1985 for a term of 125 years and therefore approximately 87 years remaining. The lease was subject to a deed of variation dated 25th July 2022 which varied the demise to include part of the ground floor to the rear and the rear yard, as well as a single storey garage. The ground rent pattern is currently £100 per annum and subject to review on the 26th December 2038 to £150 until 25th December 2063 and £200 until 25th December 2088 and £250 thereafter until the expiry of the term.

Particulars

Contact an agent

Sharon Bastion AssocRICS
Sharon Bastion AssocRICS AssocRICS

Senior Agency Surveyor

sharon@snellers.com
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