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130 Oatlands Dr 1,388 SF Retail Building Weybridge KT13 9ET $366,408 ($263.98/SF)



INVESTMENT HIGHLIGHTS
- Prominent retail unit in Weybridge within a popular parade of shops
- Let on a 10 year lease from March 2021
- Excellent visibility at busy corner of Oatlands Drive and Anderson Road
- Passing rent of £18,500 per annum
EXECUTIVE SUMMARY
The property comprises a ground floor corner retail unit with return frontage, benefitting from strong visibility and display presence on the busy A3050 (Oatlands Drive). Internally, the accommodation is predominantly open plan and includes a fitted kitchen, WC facilities, and electric heating. The property is let on a 10-year full repairing and insuring lease from 2nd March 2021. The current passing rent is £18,500 per annum, and the lease is protected by the security of tenure provisions under the Landlord and Tenant Act 1954. There is an upwards only rent review in 2026. Long leasehold interest with 966 years unexpired.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
1,388 SF
Building Class
B
Year Built
1991
Price
$366,408
Price Per SF
$263.98
Tenancy
Single
Building Height
2 Stories
Frontage
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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130 Oatlands Dr
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