UNIT 3, SURBITON PLAZA II, SURBITON, SURREY KT6 4JP

INVESTMENT SUMMARY

Surbiton is an affluent Greater London town

situated in the Royal Borough of Kingston
upon Thames
D1 clinical surgery
Excellent transport and communication links
to the A3 whilst Surbiton Mainline Railway
Station provides a regular direct service to
London Waterloo
Self contained ground floor unit comprising
approximately 2,503 sq ft (232.25 sq m) net
with one on site car parking space
Let to Hlsa Care Group Limited
FR&I lease for a term expiring on the 22nd
September 2030 (circa 14 years unexpired)
Passing rent 48,500 per annum exclusive
125 year long leasehold interest
Offers are sought in excess of 750,000
(Seven Hundred and Fifty Thousand Pounds)
subject to contract and exclusive of VAT. A
purchase at this level would reflect a net
initial yield of approximately 6% assuming
purchasers costs of 6.75%

D1 MEDICAL INVESTMENT
 UNIT 3, SURBITON PLAZA II, VICTORIA ROAD, SURBITON, SURREY KT6 4JP

LOCATION
Surbiton is located in the south west of London within the Royal Borough
of Kingston upon Thames, 6.5 miles (10.5 km) west of Wimbledon and 12
miles (20 km) south west of central London.

The town benefits from excellent communication links with the A3 being
easily accessible, and is just 7 miles from the M25. Surbiton also benefits
from a fast train link to central London of approximately 17 minutes and
has a large catchment of commuter belt workers. The residential
population within a 5 minute drive of the subject property is
approximately 30,000 whereby 37.3% households earn more than
70,000 which is substantially above the national average of 10.9% as
well as 72.5% of the population having a social grade of AB and C1
compared to national average of 53.7%.

SITUATION
The property forms part of Surbiton Plaza II, a brand new mixed use
development scheme in the heart of Surbiton on Victoria Road situated
opposite major store Sainsburys.
Unit 3 is situated just off Victoria Road along Old Post Office Walk.

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DESCRIPTION
The property comprises a self-contained, ground floor D1 clinic of
approximately 2,503 sq ft. Amenities include air conditioning; raised
flooring; suspended ceilings and glazed frontages. The premises are
arranged into a reception and a number of individual assessment and
treatment rooms and also benefit from one allocated car parking space
in the basement car park.
FLOOR PLAN
Not to scalefor indicative purposes only
UNIT 3, SURBITON PLAZA II, VICTORIA ROAD, SURBITON, SURREY KT6 4JP
TENANCY
The property is let to Hlsa Care Group Limited who hold a 15 year full repairing
and insuring lease from the 23rd September 2015, expiring on the 22nd
September 2030 at an initial rent of 48,500 per annum exclusive.
The lease is subject to 5 yearly upward only rent reviews and is granted inside the
Security of Tenure Provisions of the Landlord and Tenant Act. The Landlord holds
a rent security deposit equivalent to 9 months rent, i.e. 36,375.
COVENANT PROFILE
Hlsa Care Group Limited provide chiropractic and physiotherapy care and
treatment to the public and operate nine clinics across Greater London,
Berkshire and Surrey.
Further information can be found on Hlsas website at: www.halsagroup.co.uk
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 UNIT 3, SURBITON PLAZA II, VICTORIA ROAD, SURBITON, SURREY KT6 4JP

TENURE
125 year lease subject to a peppercorn ground rent.

PROPOSAL
We are instructed to seek offers in excess of 750,000 (Seven Hundred and
Fifty Thousand Pounds) exclusive and subject to contract. A purchase at
this level reflects a net initial yield in the region of 6% assuming purchasers
costs of 6.75%.

VAT
We are advised the property is not currently elected for VAT.

EPC
Rating: D (93)

CONTACT
For further information or to arrange an inspection please contact:

ADAM SOLIMAN BOB CATTANEO

DD: 020 8481 4742 DD: 020 8481 4744
Mobile: 07714 759701 Mobile: 07966 478472
Email: adam@cattaneo-commercial.co.uk Email: bob@cattaneo-commercial.co.uk

CATTANEO COMMERCIAL
19-23 High Street
Kingston upon Thames
Surrey
KT1 1LL

MISREPRESENTATION ACT 1967 and DECLARATION

Cattaneo Commercial for themselves and for the vendors of this property whose agents they are give notice that: a) the particulars are set out as general outline only for the guidance of intending purchasers and do not constitute,
nor constitute part of, an offer or contract; b) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any
intending purchaser should not rely on them as statements or representations of fact but should satisfy themselves by inspection or otherwise as to the correctness of each of them; c) no person in the employment of Cattaneo
Commercial has any authority to make or give any representation or warranty whatever in relation to this property.
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