204 -206 Barnett Wood Lane, Ashtead, KT21 2DB | Property for sale | Savills
Guide price £350,000(HK$3,622,856)

204 -206 Barnett Wood LaneAshtead, KT21 2DB

  • Sole agency
  • Freehold
Investment
Yield 8%Yield

Key features

  • Investment let at £29,220 p.a. (8.34% GIY on guide)
  • No 204 (commercial unit) let on 10 year lease from 2022 at £10,620 p.a.
  • No 206a (flat) let on an AST at £18.600 p.a.
  • No 206 (commercial unit) sold off on a long lease 99 years from 2001
  • Development potential to reconfigure the upper floors (subject to consents)
  • Located in an affluent and prosperous location
  • Ashtead Station is located an approx. 0.4 miles from the property
  • No VAT
  • 6 week completion available

A freehold detached property comprising of 2 x commercial units at ground floor and a self contained 3 bedroom flat at first Floor

About this property

  • The property comprises of two storey detached property comprising of 2 commercial units on the ground floor (No 206 commercial unit has been sold off on a long lease) and a self contained 3 bedroom flat at first floor level that spans both No 204 and No 206. The property offers future development potential to reconfigure the first floor flat into multiple dwellings (subject to the existing lease and requisite consents) The property is located in a predominately residential area surrounded by a wide range of local independent and boutique retailers.

Local information

  • The property is located on the south side of Barnett Wood road opposite the junction with Read Road Ashtead Station an approx. 0.4 miles from the property