Unbroken freehold investment for sale in Twickenham

This property is marketed by:
Featherstone Leigh

KEY FEATURES

A rare opportunity to acquire this unbroken freehold comprising 2 Duplex Apartments and 2 Lock Up Shop Units. Annula income £65,040 representing a blended gross yield of 5.6%. Located approx 1 mile from Twickenham Town Centre.

LOCATION

The property is located on Staines Road (A305), close to the junction of The Meadway, in a local parade within close proximity to Twickenham Green. Other retailers in the parade that serves the local community include: Convenience stores, hairdressers, café and take-aways. Twickenham town centre is approximately 1 mile away. 

DESCRIPTION

A rare opportunity to purchase this unbroken freehold. The residential upper floors are let on AST’s at £16,800 pa and £19,200 pa. Shop at 38 Staines Road let to a Nail Bar at £13,500  Shop at 38a Staines Road is let to a convenience store £13,692 The commercial leases have expired and both tenants have expressed interest to stay. We believe there is potential uplift in the commercial rents.  VAT: The owners have advised Featherstone Leigh that the building is not elected but interested parties should make their own enquiries. EPC’s: Available on request LEGAL COSTS: Each party to beat their own legal costs