408 Richmond Road East Twickenham

Freehold Retail Investment For Sale and Potential Vacant Flat for Sale

The retail unit is situated in a parade of shops in East Twickenham within the conservation area.  The parade comprises of boutique shops, restaurants, cafes and supporting professional services.  The unit is a short distance from St Margaret’s and Richmond stations which provide frequent services to London Waterloo.  There is easy access to the M3 and M4 motorways.

The ground floor self-contained unit has been comprehensively refurbished to provide a high-class male grooming salon.  The unit benefits from a broad glazed display window, pendant lights, plastered and brick walls.

Type
Investment
Tenure
The building is available on a new long lease with a ground rent of £150 per annum exclusive
Price
£350,000 Offers are invited exclusive of VAT
Rates
The property is currently being revalued for rating purposes
Size
354 sq ft / 32.89 sq m

Freehold Retail Investment For Sale and Potential Vacant Flat for Sale

The retail unit is situated in a parade of shops in East Twickenham within the conservation area.  The parade comprises of boutique shops, restaurants, cafes and supporting professional services.  The unit is a short distance from St Margaret’s and Richmond stations which provide frequent services to London Waterloo.  There is easy access to the M3 and M4 motorways.

The ground floor self-contained unit has been comprehensively refurbished to provide a high-class male grooming salon.  The unit benefits from a broad glazed display window, pendant lights, plastered and brick walls.

Type
Investment
Tenure
The building is available on a new long lease with a ground rent of £150 per annum exclusive
Price
£350,000 Offers are invited exclusive of VAT
Rates
The property is currently being revalued for rating purposes
Size
354 sq ft / 32.89 sq m

Specification

  • Unit let on an FR&I lease for 10 years from 06/09/2023
  • Rent £24,000 per annum exclusive
  • Subject to an upward only rent review on 06/09/2028 with tenant only break option
  • Guarantor to the lease
  • EPC rating B48
  • The freehold can be made available subject the long leasehold residential units.
    • The price benefits from a competitive yield of c. 7% giving a price of £342,000
  • The property can be made available with the benefit of a new 2 bedroom garden flat of circa 808 sq ft at a price of £950,000
  • The property is not elected for VAT

Contact

BSc MRICS
T020 8332 4591
M07780 678684
Eniall.christian@michaelrogers.co.uk

Further information

Specification

  • Unit let on an FR&I lease for 10 years from 06/09/2023
  • Rent £24,000 per annum exclusive
  • Subject to an upward only rent review on 06/09/2028 with tenant only break option
  • Guarantor to the lease
  • EPC rating B48
  • The freehold can be made available subject the long leasehold residential units.
    • The price benefits from a competitive yield of c. 7% giving a price of £342,000
  • The property can be made available with the benefit of a new 2 bedroom garden flat of circa 808 sq ft at a price of £950,000
  • The property is not elected for VAT

Contact

BSc MRICS
T020 8332 4591
M07780 678684
Eniall.christian@michaelrogers.co.uk

Further
information

Niall Christian

BSc MRICS

Niall Christian is an experienced commercial Property Agent, having being involved in the market since his graduation in the mid 1980’s. He began his career at Montagu Evans and qualified as a Chartered Surveyor in 1988. He moved to Smith Melzack in the West End of London in 1988 and spent 14 years involved in all aspects of the office letting market in Central London, Suburban London and throughout England on behalf of major development clients and occupiers. Niall moved to Michael Rogers in 2002 where he continues to specialise in all types of commercial property and is one of the best-known and active agents in the locality.

T 020 8332 4591
M 07780 678684
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