AE Thorogood Investments, represented by Curchod & Co, has sold the freehold investment of 306 Ewell Road in Surbiton, Surrey to a private investor for £1,180,000.
The 3,577 sq ft mixed retail and residential property includes a double-fronted shop unit and three self-contained residential properties that produce a total annual rental Income of £70,100.
The ground floor retail property is let until October 2030.
Alex Blown of Curchod & Co said: “Despite the widespread pessimism in the wider economy, this sale of a mixed-use asset, in a great location at a strong price shows there is still a market for this sort of asset, particularly when there is an element of residential with minimal capital expenditure required.”
You may also be interested in...
Want to find out more about what services we offer? Get in touch today.
