Mixed-use investment for sale in St Margarets

This property is marketed by:
Michael Rogers

Investment Summary 

• Located in the highly affluent London Borough of Richmond upon Thames. 
• Located close to St Margarets train station.
• Vacant ground and basement retail unit.
• Four flats let on assured shorthold tenancies producing £50,940 per annum.
• Freehold.
• Asset management / development potential.    

Location  

The property is located on St Margaret’s Road (A3004) which is the main road linking St Margaret’s and Richmond to Isleworth. St Margaret’s Road crosses Chertsey Road (A316) giving excellent access to central London and the motorway network. The building is situated within close proximity from St Margaret’s Main Line Station in the heart of St Margaret’s Village and close to a variety of attractive  shops and restaurants, including Tesco Express. 

Description  

The property has a commercial use over ground and lower ground floor with residential above on first and second floors. There are two car spaces and land to the rear.  

The commercial part is being used as a hair salon and is basically rectangular in shape with a kitchen, WC, storage, and access to the rear.

The property will be sold with the commercial part vacant.  

The specification includes -  Comfort cooling and heating. Kitchen. Bathroom. Central heating. Solid ceiling. Spotlights. Lino flooring. Outdoor space. Storage.  

The basement is again rectangular in shape, would appear dry and is unmodernised.