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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, occupying a prime town centre location. The ground floor is let to Egham & Hythe Funeral Directors for 15 years from 11/10/2021 at a current rent of £42,000 per annum, with rent review dates on 11/10/2026, 11/10/2031, and 11/10/2036. The business has reportedly been in occupation since the construction of the building. 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 is professionally managed. Accommodation comprises a double-width commercial unit of 1,057 sq ft on the ground floor with a High Street facade, vehicle access to the rear, reception, four offices, two chapels, a kitchen, and a cloakroom/WC, 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, as well as part of Flat 92b (451 sq ft duplex) with an entrance hall, stairs to the second floor, sitting room, kitchen, shower room, and a reception room/bedroom 4. The second floor contains 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.