Instructions

CITY PLUMBING SUPPLIES, 17-19 WINCHESTER ROAD, WALTON ON THAMES

UNDER OFFER

Disposal of a trade counter and showroom investment.

  • Modern trade-counter and showroom investment, build 2016.
  • Located in Walton-on-Thames, an affluent South West London commuter hub and commercial centre.
  • Town centre location – 0.61 acre site.
  • New FRI lease for 15 years, (without break), from 1st June 2020, to City Plumbing Supplies Holdings Ltd (a Travis Perkins plc subsidiary).
  • Initial rental – £65,000 pa (£11.00psf), payable monthly in arrears.
  • 5 yearly upward only rent reviews to Market Rental.
  • Low initial rental with realistic prospects of uplift at review.
  • Freehold.
  • Price: OIEO £1,360,000, exclusive of VAT.
  • Initial Yield – 4.50% (net of Purchaser’s Costs).
  • Subject to Contract.

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CPS, Walton on Thames Brochure