5 Victoria Road, Surbiton, Surrey, KT6 4JU

The property comprises a prime retail investment opportunity occupying a prominent pitch opposite Surbiton Station. Arranged as a ground floor retail unit with upper parts The ground floor and basement is let to a Surbiton Hardware Limited on a 15 year lease expiring 03.08.2040 and paying £62,500 per annum. The current rent payable is £58,500 per annum, with a fixed uplift to £62,500 in 2028. The Vendor will "top up" the rent to this level from completion. The lease includes open market rent reviews every 5th year. The upper parts are sold off on a long leasehold basis. The property occupies a prime pitch fronting Victoria Road, the prime retail pitch within Surbiton. Nearby tenants include Megans Restaurant,...