28-32 Berrylands Road, Surbiton, Kingston upon Thames, KT5 8RA

Guide Price* : £450,000

Mixed Use Investment Opportunity with Development Potential (STP)

  • Mixed use Retail/Residential Investment Opportunity
  • Prominent Location
  • Freehold
  • Let on a single lease producing £37,250 per annum (holding over)
  • Asset Management Potential
  • Site Area – 0.12 acres (468.64 sq m)
  • Redevelopment Potential (Subject to Planning)
  • Guide Price of £450,000 reflects NIY of 7.95%


An excellent opportunity to purchase a mixed-use retail and residential property on a busy junction in Surbiton. The property comprises three retail units on the ground floor converted into a single unit with a sales area fronting the road and storage to the rear comprising a total of 2,482 square feet. The unit is trading as a Londis convenience store.

The upper parts comprise one three-bedroom and one fourbedroom maisonette with separate accesses. Both are arranged over first and second floors. The maisonette at 28A is accessed from Paragon Grove and includes a room at ground floor level that is not currently in use with a further room at first floor level that was formerly used as an office in conjunction with the retail use. A further door then leads into the maisonette which comprises four bedrooms, a bathroom and kitchen. The maisonette at 32A comprises three bedrooms, a bathroom and kitchen is accessed at first floor level through the rear storage yard via an external staircase.

The storage yard to the rear is accessed both via the retail unit and from Paragon Grove.


The property is in a residential neighbourhood of Berrylands Ward and benefits from a frontage to Berrylands Road. The retailers in the area are predominately local businesses providing restaurants, cafes and convenience stores.

The property provides the largest convenience store in the immediate area and generates a high footfall. The nearest supermarket is over 10 minutes walking distance.

The property is located in Surbiton, a suburban neighbourhood in South West London within the Royal Borough of Kingston upon Thames. Surbiton is situated on the south side of the River Thames and is 11 miles southwest of Charing Cross. Surbiton comprises the wards of Alexandra, Berrylands, St Mark’s and Surbiton Hill.

The area is served by the A3 which northbound provides access to central London via Wandsworth and Vauxhall, and southbound access to Guildford via Cobham. The closest rail service is from Surbiton Train Station. The station is within 10 minutes walking distance and provides regular services to London Waterloo, Hampton Court, Woking and Guildford. Berrylands Station is situated three quarters of a mile to the north-east and is on the same line as trains departing Surbiton
Train Station




The entire property is subject to a full repairing and insuring lease on a term that expired 24/03/2021. The tenant is therefore holding over. The lease is within the protections of the Landlord and Tenant Act 1954 and producing £37,250 per annum.


Refer to the legal documentation


Joint auctioneers

Lambert Smith Hampton Ellie Reynolds
07801 969 233

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

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The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

Joint Agent

Ellie Reynolds
07801 969 233

Office Contact

Max Mason
07917 865 212

Related Documents

Agreement Documents

Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2023

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.