Property Details

Under Offer

9-15 Windsor Street

9-15 Windsor Street, Chertsey, Surrey, KT16 8AY

4,543 sq ft (422 sq m)

Town Centre Retail and Office Investment Opportunity approx. 4,543 sq. ft. (421 sq. m) Potential Future Conversion (STP)

Location

Chertsey, Surrey is situated just off Junction 11 of the M25. This position offers excellent access to London with both Heathrow and Gatwick airports within easy reach. Chertsey railway station is a short walk from the property, providing access to London Waterloo.
The town centre provides local and financial amenities with occupiers including Travelodge, Sainsbury, Costa and Pizza Express, as well as being home to many international companies including Kone, Samsung, DHL, Toshiba



The opportunity is situated along Windsor Street, within the town centre. The main entrance to the retail units and the office is via Windsor Street, with rear access via Gogmore Lane where the car parking is situated.

Description

9 — 15 Windsor Street is a Grade 2 listed property comprising three well configured retail units across the ground floor with offices situated at first and second floors. The offices are accessed from both Windsor Street and Gogmore Lane.
There is a large entrance lobby off Windsor Street for the offices, and access to the rear car park.

Proposal

We are instructed to seek offers in excess of £1,100,000 (One Million One Hundred Thousand Pounds) subject to contract and exclusive of VAT. This equates to an attractive initial yield of 6.64% after allowing for purchasers costs of 6.14%

Floor Areas

Floorsq ftsq mStatus
9 Windsor Street421 sq ft39 sq mAvailable
11 Windsor Street1,640 sq ft152 sq mAvailable
11 Windsor Street 1st Floor1,640 sq ft152 sq mAvailable
13 & 15 Windsor Street842 sq ft78 sq mAvailable
Total4,543 sq ft422 sq m

Features

  • +Town centre location close to Pizza Express
  • +Mixture of ground floor retail and office use to upper parts
  • +Offers sought in excess of £1,100,000 subject to contract and exclusive of VAT
  • +Popular Surrey town close to M25
  • +Current income of £77,500 per annum
  • +Potential for residential conversion subject to planning

Location

Viewing

Steve New

Elliot McNish

Information

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