£835,000

Retail premises for sale

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  2. Property photo 2 of 3.
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£835,000

(£3,523.21/sq. ft)

Retail premises for sale

Heath Road, Twickenham TW1

237 sq. ft

Local area information

Property location

Nearby amenities

  • Twickenham Primary Academy 0.1 miles
  • St Richard Reynolds Catholic Primary School 0.2 miles
  • Strawberry Hill 0.4 miles
  • Twickenham 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Twickenham and Teddington to find out more about the local area.

Features and description

  • Freehold investment
  • Unbroken
  • Secure Fri lease
  • Periodic ASTs
Business unaffected. Preliminary details. For sale freehold investment. Central twickenham shop and 2 apartments over, fully let providing A gross income of £50,250 pa. Asset management opportunities, boldly located in the highly affluent and ever desirable high street for twickenham.

Forming part of the thriving Parade of independent shops, supporting services, cafes, restaurants and destination retail located on the main a-road, the High Street through Twickenham town centre. Buses pass outside and by road the shop is a short drive from the A316 /M3 which, in turn, provides easy access to the A3, A316, M3, M25, Heathrow Airport and City Centre.

Rarely available unbroken freehold investment comprising shop premises let on an Fri lease and two apartments let on AST. Asset management opportunities with a chance to revisit the rent values as one apartment is undervalued.

£50,250 pax in rent per annum comprising self-contained shop premises and stores currently holding over on an expired 5-year lease and let to a tailoring and alterations company. Private street entrance to 2 apartments, flat B let on periodic notice and flat A is renewing for one year on the same terms.

150 Heath Road – 109 M2 gia shop premises let on an Fri basis at £10,700 pax.
150b Heath Road – 58 M2 Let on an AST at a significantly reduced £900 pcm.
150c Heath Road – 70M2 Let on an AST at £1895 pcm.

Both apartments are now in periodic notice.

Tenure: Unbroken freehold sale, the property is not elected for VAT.

Price: £835,000 with the benefit of the leases therein.

Viewing: Strictly by appointment through joint sole agents Milestone Commercial.

Commercial energy performance: Band C Residential, Commercial to follow.

The details in these particulars are meant as a guide only and do not constitute an offer or contract and any intended tenant or purchaser should satisfy themselves as to being correct. Statements contained herein are made in good faith but without responsibility by Milestone Commercial Agency Ltd. Or our clients. All figures ex-vat where applicable. All equipment untested.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. West London
  5. Richmond upon Thames (London Borough)
  6. Twickenham
  7. Heath Road