Property description

Small 136 sq ft Freehold Shop/Office in New Malden with 2 ground rents from above. Suitable for a small business operators seeking a low cost freehold commercial property. The property is located close to New Malden High Street and the train station. The premises is currently arranged as a one man office and specification includes aluminium shop front, carpeted throughout, suspended ceilings, alarm system and separate WC. There is a forecourt at the front of the premises which has been used for parking. The freehold includes two ground rents from the residential long leasehold interests above totalling £150 per annum. Both the leases have short terms unexpired of approximately 73 years each so there may be some additional value to the freehold in the short to medium term.

Property Features :

• FREEHOLD SHOP / OFFICE
• CLOSE TO NEW MALDEN HIGH ST & STATION
• FORECOURT
• GROUND RENTS ABOVE
• REVERSIONARY POTENTIAL