Office for sale in Holly Road, Twickenham, Middlesex TW1

£650,000
Interested in this property? Call +44 1306 308476 * or Request Details

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Office for sale

Property features

  • Rare opportunity to purchase a fully tenanted freehold investment
  • Excellent location in the centre of Twickenham
  • Twickenham Train Station is located approximately 0.4 miles distant
  • Let to an nhs trust at a passing rent of £46,500 per annum
  • Net internal area of 2,037 sq.ft (189.24 sq.m)
  • Freehold available for £650,000

Property description

Location
Ilex House is located in Twickenham, an affluent area of the London Borough of Richmond upon Thames which offers a vast array of national and independent retailers and restaurants as well as Twickenham Rugby Stadium.
Twickenham Train Station is located approximately 0.4 miles distant to the north, whilst the A316 Chertsey Road is circa 0.8 miles to the north.
The property is located adjacent to the Holly Road pay and display car park.
Heathrow Airport is situated 5.4 miles distant, to the west.

Description & Accommodation
The property is arranged over three floors, with the ground floor benefitting from a reception area, toilet facilities and five partitioned office / meeting spaces. The first floor comprises a further two offices, a kitchen and toilet facilities. The second floor is arranged to provide open plan accommodation.
The property has rear access, leading to the parking area.
The premises have the following net internal floor areas:
Ground floor 730 sq.ft 67.82 sq.m
First floor 709 sq.ft 65.87 sq.m
Second Floor 598 sq.ft 55.56 sq.m
Total: 2,037 sq.ft 189.24 sq.m
Outside 2 Parking Spaces

Tenancy
Tenant – South London and Maudsley nhs Foundation
Rent - £46,500 per annum exclusive plus VAT, paid quarterly in advance
Repair – Full repairing and insuring lease subject to a schedule of condition
Term – Four years and six months from 24th June 2020
Permitted Use – Within class D1 of the Town and Country Planning Use Classes Order 1987 as at the date of the lease
Security of Tenure – Sections 24 to 28 (inclusive) of the Landlord and Tenant Act 1954 are excluded.

Terms
The freehold interest is available to purchase for £650,000.
Subject to Contract


VAT


VAT is applicable to the sale.

Costs
Each party are to pay their own fees in relation to the transaction.


EPC


D (96)

Business Rates
The Valuation Office Agency describes the premises as ‘Offices and premises’, with a 2017 Rateable Value of £37,250. The current ubr is 49.9 pence in the £. Further details can be found on the Valuation Office Agency website.

Viewings
Strictly by appointment with White and Sons.

What3words location: Skinny.slices.composers

Property info

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For more information about this property, please contact
White & Sons, RH4 on +44 1306 308476 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by White & Sons, and do not constitute property particulars. Please contact White & Sons for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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