SOLD

TypeMixed Portfolio Investments · Industrial Investments

KT17 Ewell By Pass, Epsom

TenureFor sale

Ewell By Pass, Epsom, KT171/5

Specification

Building size
Building size5,784sqft
Land size
Land size0.38acres
Property type
Property typeMixed Portfolio Investments · Industrial Investments
Tenure
TenureFor sale

Description

Listed car dealership comprising showroom capable of accommodating approximately four cars, with a clear internal height of 3.24m, alongside workshop and office accommodation. The workshop provides practical servicing space with an eaves heights of 2.92m and five vehicle ramps. Ancillary office accommodation is also provided.

Freehold extending to 5,784 sq ft on 0.38 acres

Let to Brayleys Cars Limited, a well-established and expanding Top 10 UK dealer group

Secure income profile with lease expiry in March 2031, offering 4.75 years term certain and fixed rental growth of 2.5% per annum in 2027. The lease is outside the Act

Passing rent of £135,789 per annum, increasing to £153,633 per annum at review in 2027

Offers in excess of £1,600,000, equating to an 8.00% NIY, and reversionary yield of 8.83% after review in March 2027

Location

Prime Greater London roadside investment prominently positioned on the Ewell By-Pass (A420) and London Road (a24), benefiting from exceptional visibility and exposure to c.38,000 passing vehicles daily.

Strategically located just 16 miles south west of Central London, with excellent connectivity to the M25 (Junction 9 within 6 miles) and wider motorway network

Established automotive location surrounded by complementary roadside and retail uses including Shell, BP, Shurgard and other commercial occupiers

Ewell and Epsom are well connected with Ewell West Station being located less than a mile away to the west offering South Western Railway Services which provides commuter services to Central London alongside Guildford. The Surrey catchment area has a population of 1,200,000 (Census 2021).

The property is located in Epsom next to Ewell in Surrey. The premises is located around 16 miles south west of Central London. It has good access to the UK's highway networks being situated 6 miles to the north east of the M25 junction 9. The property is prominently located on the junction of Ewell By-Pass and London Road. Neighbouring the site is a Shell petrol filling Station to the north and to the west is residential. Nearby occupiers also include a mixture of retail including a BP petrol filling station, T.A. Centre, residential and Shurgard Self Storage.

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