Retail premises for sale in 38 Broad Street, Teddington TW11

Offers in region of £725,000 (£509.85/sq. ft)
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Retail premises for sale 1,422 sq. ft*

Property description

Location


The property is located in Teddington, an affluent south west London suburb in the London Borough of Richmond upon Thames. Broad Street is one of the two main shopping areas of the town and there are a number of multiple retailers in close proximity including Wimpy, Boots, Costa Coffee, Cafe Nero, wh Smith, and a Tesco Metro, as well as a number of cafes, restaurants and independent retailers.


Description


The property comprises a ground floor retail premises fitted to a high standard and currently trading as a mobile and vape
store. There is also a rear storage building and rear access to North Lane.
To the rear, there is independent access to a residential flat laid out over two floors. The first floor comprises one room, fitted
kitchen and fitted bathroom. The second floor has two bedrooms.
The flat is offered in good decorative order and benefits from wooden floors throughout, gas central heating and UPVC windows to the rear.


Accommodation


The property has the following approximate floor areas:-
Retail - 36.5 sq. M (393 sq. Ft)
External Store - 12.3 sq. M (132 sq. Ft)

Total - 48.8 sq. M (525 sq. Ft



First Floor 56.4 sq. M 607 sq. Ft
Second Floor 26.9 sq. M 290 sq. Ft
total 83.3 sq. M 897 sq. Ft


Tenure


Freehold subject to:-
1. Lease of the ground floor for a term of 10 years from 8th March 2018 at a rent of £18,000 per annum. Rent review 8th March 2023.
2. Assured Shorthold Tenancy of the residential flat at a rent of £1,675 pcm.


Price


Offers in the region of £725,000


Business rates


2017 Rateable Value: £10,250
2023 Rateable Value: £9,500


Council tax


Band C


Energy performance rating


Commercial Energy Rating: C62
Residential Energy Rating: D66

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Sneller Commercial, TW11 on +44 20 8115 8092 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sneller Commercial, and do not constitute property particulars. Please contact Sneller Commercial 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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