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Well Secured Mixed Use Investment with Future Development Potential

• Affluent Greater London commuter town of Epsom.
• Significant site of over 1.03 Acres which includes one of the towns dominant car parks.
• Well secured reversionary mixed use investment anchored by TK Maxx, NCP,Tapi and Pure Gym
• Nearby retailers include Marks & Spencer, Waitrose, Boots and Next
• WAULT of c.4.24 years to expiry
• TK Maxx/Pure Gym have previously removed break clauses and Tapi have made an application to take an assignment of
the Carpetright lease.
• Potential future development prospects, subject to planning and vacant possession, with the property targeted as a future
development site in Epsom & Ewell Local Plan
• Offers in excess of £7,500,000 (Seven Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT,
which reflects a net initial yield of 7.85% and an equivalent yield of 8.25%.

Tenure:

Freehold

Yield:

7.46 %

Price:

£7,500,000

Contact:

Philip Hay BSc (Hons) MRICS
M: +44 (0)7770 580 590
phay@jacksoncriss.co.uk

Rhodri Jones BSc (Hons) MSc
M: +44 (0)7570 684 444
rjones@jacksoncriss.co.uk

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