Retail premises for sale in Richmond Road, Twickenham TW1

Following A ground-up rebuild to the most exacting standards, 2-bedroom garden apartment combined with separate retail investment providing A potential gross income of £48,000 per annum (erv)

for sale as A long-lease or entire freehold. E class shop let to A gentleman’s salon in A highly affluent neighbourhood high street at the foot of richmond bridge. The apartment and shop benefit from BREEAM new-build standards.

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.

For sale with a newly agreed Fri shop lease for a term of 10 years to a long-serving local men’s grooming salon. The ground floor shop 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. And provides an initial yield of 7%.

The apartment is newly constructed throughout to exacting standard and forms part of a period parade of similar shops and apartments in the ever-popular East Twickenham, a highly affluent Suburb of the London borough of Richmond Upon Thames.

The apartment is also in receipt of warranties, and we have an estimated rent of £2000 pcm and a separate value of £625,000.

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: 990,500 for the freehold or long-lease interest if A sipp buyer.

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.