Retail premises for sale in Richmond Road, Twickenham TW1

Offers over £325,000 (£918.08/sq. ft)
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Retail premises for sale

354 sq. ft*

Property features

  • +7% yield
  • Complete ground-up refurbishment
  • Rated high for energy efficinency
  • Professional men's' groomers on a new lease
  • Affluent local High Street
  • Fri lease -tenant pays insurance and repairs.

Property description

408 richmond road, east twickenham, TW1 2EB

investment for sale with the benefit of income of £24,000 per annum.

For sale as A long-lease ground floor (sipp-friendly) or entire freehold the ground floor shop and A residual ground rent following complete refurbishment. E class shop let to A gentleman’s salon located in A highly affluent neighbourhood high street at the foot of richmond bridge. Well-supported by similar shops. 33 M2 (354 sq. Ft) gia.

Forming part of the thriving East Twickenham conservation at the foot of Richmond Bridge, the parade consists of boutique shops, restaurants, cafes and supporting professional services. By car the A316 is within a short drive and in turn provides easy access to the M3, M25, Heathrow and City Centre.

408 richmond road, east twickenham, TW1 2EB

For sale with a newly agreed Fri lease for a term of 10 years for E class uses and let to a long-serving local men’s grooming salon. Newly constructed and forming part of a period parade of similar shops and services in the ever-popular East Twickenham, a highly affluent Suburb of the London borough of Richmond Upon Thames. The ground floor is self-contained and offered in excellent condition following a complete rebuild to include fireproofing, wiring and plumbing (guarantees in place). The shop consists of broad glazed display window providing a retail area of some 354 sq. Ft.

Accommodation: Internal width some 4.5m
Shop depth some 7.5 m
Gross Area some 33 M2 (354 sq. Ft.) gia

tenure: By way of a new ground-floor long-lease for a term to be agreed or a chance to acquire the entire freehold with ground rent of £150 per annum.

Sale price: Offers in excess of £325,000

costs: Each party to bear their own legal fees. The shop lessee is responsible for a pro rata share of insurance and maintenance costs. Business Rates To be confirmed following a revaluation.

Energy performance: Band B

The details in these particulars are meant as a guide only and do not constitute an offer or contract and any intended tenant or purchaser should satisfy themselves as to being correct. Statements contained herein are made in good faith but without responsibility by Milestone Commercial Agency Ltd. Or our clients. All figures ex-vat where applicable. All equipment untested.

Property info

Floorplan(s): Floorplan 1

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

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For more information about this property, please contact
Milestone Commercial, TW1 on +44 20 8033 4725 * (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 Milestone Commercial, and do not constitute property particulars. Please contact Milestone 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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