Light Industrial units, Warehouse, Office, Industrial Design & Build for Sale
Lyon Road, Walton On Thames, KT12
£3,350,000.00 £348.45 /sf
9,614 sf
Light Industrial units, Warehouse, Office, Industrial Design & Build for Sale
Lyon Road, Walton On Thames, KT12
£3,350,000.00 £348.45 /sf
9,614 sf
INVESTMENT SUMMARY ¨ A recently refurbished and part newly built industrial/warehouse building with offices totalling 9,614 sq ft (893.1 sq m). ¨ Located on the long established Hersham Trading Estate. ¨ Good proximity to Hersham mainline railway station (with a good service to central London), J10 & J11 of the M25 and J1 of the M3 motorways. ¨ Let to The Cavan Bakery Limited who have been trading for 93 years. ¨ Cavan Bakery Limited have just spent a significant sum over the past 12 months, fitting the property out as a bakery and installing an increased 3 phase electricity supply. ¨ Let on a new FRI lease with a 19 year unbroken term remaining. ¨ Passing rent £149,000 per annum exclusive, equating to £15.50 per sq ft. ¨ Good future rental growth prospects with general lack of supply in the area. ¨ Freehold. ¨ Site area of 0.37 acres (0.15 hectares). ¨ Offers in excess of £3,350,000 (Three Million Three Hundred and Fifty Thousand Pounds). ¨ A purchase at this level would reflect a net initial yield of 4.2% assuming purchase costs of 6.75%.
Floor
Size
2 Ancillary
905 sf
1 Ancillary
902 sf
0 GF Ancillary
902 sf
0 GF Industrial
6,905 sf
Total
9,614
Location
The property is located in the centre of the well established Hersham Trading Estate surrounded by trade counters such as Screwfix, Toolstation, Howdens, Grahams and Tesco Express. Hersham mainline railway station is within 200 yards of the building, offering a fast and frequent service to London Waterloo with an approximate journey time of 28 minutes. Access to the national motorway network is available via the A3 at junction 10 of the M25 or the M3 at junction 1. The A3 and A316 both offer direct access into central London.
Amenities
Refurbished unit Eaves 6-8m Electric Loading Door 3phase power LED lit warehouse Gas Heating EPC B42 Steel insulated roof Perspex skylights Electric roller shutter door (W5.97m x H5.78m) Gas fired blow heater High level LED lighting High specification smoke detection system and fire alarm 2 high level heat recirculation fans Steel pedestrian door Max eaves to apex 28881" (8.57m) Min eaves to underside of haunch 23337" (7.25m) Tesla high speed charging point Hiki night vision CCTV cameras throughout Secure gated parking (8 vehicles) yard with palisade fencing
Double glazed windows Vertical window blinds Sealed resin floor to ground floor Oak panel laminate flooring to 1st & 2nd floors Category VI network cabling throughout 4G & 5G wireless network throughout Disabled WC & shower Male & female toilets Fully fitted kitchen Entryphone system Fire alarm
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