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PRIME SUBSTANTIALLY REVERSIONARY RETAIL INVESTMENT FOR SALE

• The Royal Borough of Kingston upon Thames, is a dominant retail and affluent commuter town located 12 miles
south west of central London.

• 38% of the catchment population are represented in the highest AB social group, compared to a 22% UK
average.

• Kingston is a thriving area and is undergoing significant regeneration..

• Located in a 100% prime trading location on the pedestrianised Clarence Street adjacent to M&S.

• 6,908 sq ft of well configured retail accommodation arranged over ground and first floors.

• Let to the undoubted covenant of Skechers USA Ltd who have an Experian rating of 100/100.

• Total current passing rent of £150,080 per annum. The retail rent has been reduced from the previous passing
rent of £450,000 pa, paid by Top Shop.

• Estimated rental value of £250,080 per annum based on a conservative Zone A rent of £185 psf.

Tenure:

Freehold

Yield:

6.4 %

Price:

£2,200,000

Contact:

PHILIP HAY BSc (Hons) MRICS
phay@jacksoncriss.co.uk
07770 580 590

RHODRI JONES BSc (Hons) MSc
rjones@jacksoncriss.co.uk
07570 684 444

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