Land for sale in Feltham TW13

Location

The property is located in Feltham, within the London Borough of Hounslow, approx. 13.5 miles south west of central London and 2 miles south of Heathrow Airport. The
property is situated on the west side of the A244 (High Street), the main road running through the centre of Feltham.

Description

A detached purpose built office building set over four floors with a large adjoining car park providing 20-22 parking spaces. Available initially as an investment with income until March 2032, the site also has the potential for redevelopment which would be subject to planning permission.

Tenancy

The property is subject to the following active Leases:
Office:
Lease Due To Expire 24 March 2032
Rent of £50,000 + VAT per annum
Rent Reviews 2022 (Outstanding) & 2027.
Car Park
Lease also expiring 24 March 2032
Rent of £13,500 + VAT per annum
Rent Reviews 2022 (Outstanding) & 2027.

Current Income: £63,500 per annum exc.

Tenure

Freehold

Current use

Use E Under The Town and Country Planning (Use Classes) (Amendment)(England) Regulations 2020.

Planning

Potential for redevelopment, subject to planning permission.

Accommodation

Approximate net internal floor area:
Ground Floor 97.76 sq. M (1,052 sq. Ft)
First Floor 98.30 sq. M (1,058 sq. Ft)
Second Floor 98.73 sq. M (1,063 sq. Ft)
Third Floor 67.79 sq. M (730 sq. Ft)

Total 362.58 sq. M (3,903 sq. Ft)

Site Area: 0.21 Acres approx.

Price

Offers in the region of £1.50m.

Business rates

2023 Rateable Value £37,750
For confirmation of rates payable contact the business rates department of the London Borough of Hounslow.

Energy performance rating

Energy Rating: D (81)
A copy of the certificate is available on request.