Prominently located on Kingstonβs 100% prime retail thoroughfare, this property delivers strong visibility, tapping into a shopping population of 618,000, with Kingston itself ranking 26th across all national PROMIS towns.
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-Kingston-upon-Thames ranks among the UKβs most prominent retail and commercial hubs
-Let entirely to Art-Line Limited until 24 March 2032 without break, at a current rental of Β£105,000 per annum
-The tenant recently removed their 2027 break option, showing their commitment to the store
-The upper floors offer the prospect of long term redevelopment subject the necessary planning considerations and vacant possession
-We would apply an estimated rental value (ERV) of Β£125,000 per annum, providing potential reversion at lease expiry
-Freehold
Weβve been instructed to seek offers in excess of Β£1.415m, reflecting a net initial yield of 7%.
Take a look at the brochure below, then get in touch with Tom Heptonstall, Patrick Kilvington or Oliver Smart to find out more and arrange a viewing.
Kingston Upon Thames 103 Clarence Street Brochure