Retail premises for sale in 47 Crown Road, Twickenham TW1

Offers in region of £950,000 (£584.62/sq. ft)
Interested in this property? Call +44 20 8115 8092 * or Request Details

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Retail premises for sale 1,625 sq. ft*

Property description

Description


A contemporary style property consisting of 3 ground floor retail units and two flats at first/second level.


Current income


• 47a £15,500 pa Expiring 24/03/2034
• 47b £17,200 pa Expiring 17/05/2037
• 47c £17,400 pa Expiring 15/03/2025
• Total £50,100 pa
The two flats above have been sold off on a Long Leasehold basis (189 years) due to expire 25/03/2155. Peppercorn ground rent.


Location


The property is located in St. Margarets, a popular suburban area nestled between Twickenham and Richmond. Positioned near the junction of Richmond Road within a secondary retail parade but close to the prime pitch where several national operators are represented including Harris & Hoole, Superdrug and Tesco Express alongside a number of independent retailers. St. Margarets Station is within 0.1 miles of the property.


Accommodation


The ground floor has an approximate net Internal floor area of:-
• Retail 47a 48 sq. M (517 sq. Ft).
• Retail 47b 53 sq. M (570 sq. Ft).
• Retail 47c 50 sq. M (538 sq. Ft).


Planning


Our client has obtained planning to build a new 2 bedroom flat on the 3rd floor which is approximately 750 sq. Ft. Planning application number: 21/0699/ful


Tenure


Freehold


Price


Offers invited in the region of £950,000.


Business rates


2017 Rateable Value:
• 47a £11,000
• 47b £11,500
• 47c £13,000

2023 Rateable Values
• 47a - £13,500
• 47b - £14,000
• 47c - £15,750

For confirmation of rates payable, please contact the business rates department of The London Borough of Richmond upon Thames.


Energy performance ratings


47a Energy Rating: B(41)
47b Energy Rating: C(57)
47c Energy Rating: B(40)

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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