Flagship prime freehold retail investment

Kingston Upon Thames. 61-67 Clarence Street

Asking (STC) £5,625,000
Net Initial Yield 6.75%
WAULT 6.15 years
  • Royal Borough of Kingston-Upon-Thames is a dominant retail hub and an affluent London commuter suburb
  • Two new post-Covid lettings to national covenants and Body Shop refitted in 2021
  • Freehold
  • Total passing rental income is a minimum of £405,000 per annum
  • Attractive WAULT of 6.15 years
  • Unutilised upper parts provide a future redevelopment opportunity subject to planning