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Freehold mixed-use investment with two apartments
Egham, TW20 - Get Access
5 bed
3 bath
Description
A freehold, mixed-use investment comprising ground floor commercial premises with two self-contained apartments across the upper floors, situated in a prime town centre location. The ground floor is let to Egham & Hythe Funeral Directors on a 15-year lease from 11 October 2021, producing a current rent of £42,000 per annum with rent review dates in 2026, 2031, and 2036. Flat 92a is a two-bedroom, one-bathroom apartment let on an AST producing £14,520 per annum. Flat 92b is a large duplex apartment comprising five rooms, a separate kitchen, and two bathrooms, let on an AST producing £18,600 per annum. The building is presented in good order and professionally managed. Accommodation comprises a double width commercial unit of approximately 1,227 sq ft (114 sqm) with shop frontage to the High Street and rear vehicle access, alongside a private entrance to the upper floor apartments. The first floor includes Flat 92a (467 sq ft) featuring an entrance hall, living room/kitchen, two bedrooms, and a bathroom; and Flat 92b (451 sq ft), a duplex apartment featuring an entrance hall with stairs to the second floor, sitting room, kitchen, shower room, and a reception room/fourth bedroom. The second floor provides the remainder of Flat 92b (656 sq ft) with a landing, three double bedrooms, and a bathroom. Externally, the property benefits from a rear yard with parking bays.