54 Central Rd 835 SF 100% Leased Retail Building Worcester Park KT4 8HY $682,119 ($816.91/SF) 3% Cap Rate

Freehold mixed-use investment and development opportunity situated on the busy Central Road High Street in Worcester Park. The property comprises an 835 sq ft ground floor commercial unit, currently occupied by a nail and beauty business, together with a well-presented two-bedroom self-contained flat of approximately 807 sq ft on the first floor. The building further benefits from a substantial rear garden/yard extending to approximately 101 ft, providing potential for extension or redevelopment, subject to the necessary planning consents.
The commercial premises are let on a 10-year lease from June 2019, generating a passing rent of £15,000 per annum, with scope for rental growth. The residential accommodation is currently vacant, offering an estimated rental value of £16,800 per annum. The property presents an attractive opportunity for investors seeking income with asset management and development potential.