Warhammer, 8 High Street, Epsom | Property for sale | Savills
Guide price £340,000

Warhammer8 High Street, Epsom

  • New
  • Sole agency
  • Freehold
Investment
Yield 10%Yield

Key features

  • High Yielding Mixed-Use Investment
  • Fully Let to Two Separate Tenants
  • Asset Management Potential
  • Development Potential (subject to consents)
  • Retail Unit with Office Upper Parts
  • Average Unexpired Lease Term of 6.5 Years
  • Established and Popular Location
  • Investment Let at £30,750 p.a. (9.04% GIY on Guide Price)

High Yielding Mixed-Use Investment Opportunity Retail Unit Let to Warhammer with Offices to the Upper Parts Investment Let at £30,750 per annum

About this property

  • The property comprises a high yielding, mixed-use, investment occupying a prominent corner pitch in Epsom. Arranged across ground, first and second floors, the property comprises a retail unit to the ground floor with office accommodation to the upper parts. The property is fully let to two separate tenants producing a total rent of £30,750 per annum. We consider the property to have asset management potential via improvement of rent to the retail unit which is currently passing off a low £16.72 per sq ft. The property occupies a prominent corner pitch at the junction of High Street, East Street and Church Street. The area is characterised by a mix of local and national occupiers including McDonalds, Savers and Robert Dyas

Additional information

  • The ground floor is let to Games Workshop Limited on a lease expiring July 2027 and paying £14,250 per annum.
  • The upper parts are let to Panache Professional Services Limited on a lease expiring March 2024 and paying £16,500 per annum.
  • Planning
  • Whilst there are no extant planning consents, the property may have potential for conversion to alternative uses, including residential, subject to the existing leases and any requisite consents.