£745,000
(£546.49/sq. ft)
Retail premises for saleChurch Road, Teddington TW11
1,356 sq. ft
About this property
Investment income with 2 x apartments
Leases in place for easy asset management opportunities
Excellent location
Fully renovated throughout
For sale - freehold investment. Boldly located in this highly affluent and ever desirable riverside suburb. Central teddington location close to all amenities. Shop and 2 X 1-bedroom apartments, fully let providing A gross income of £46,200. Available as A freehold purchase with the benefit of the leases or will split to freehold shop and lease income only.
Forming part of a central Teddington leafy parade of cafes, restaurants, shops and services. Walking distance from Royal Bushy Park, at the confluence of the High Street and broad Street . Buses pass outside, Teddington Station is within a short stroll and by road it is a short drive from the A316 /M3 which, in turn, provides easy access to the A3, A316, M3, M25, Heathrow Airport and City Centre.
Rarely available unbroken freehold investment comprising shop premises let on an Fri lease and two apartments let on assured tenancies. The property has the benefit of two existing leases of 125 years from February 2007 for both apartments in the same ownership. The shop lease has recently renewed for a further 5 years.
£46,200 pax in rent comprising self-contained shop premises currently used as a long-established ladies hairdressers. A private street entrance leads to ground floor and first floor apartments.
Rental income/ tenure
Shop 2013; 34M £1000 p/m let on an Fri lease
Flat 1 2013; 34 M2 1-bed garden flat let at £1400 pcm. Assured periodic tenancy.
Flat 2 2013; 50 M2 1-bed first-floor flat let at £1450 pcm. Assured periodic tenancy.
Ground rents £100 pa for the first 33 yrs, £200 pa for the next 33 yrs, £400 pa for the final years of the term.
Tenure: Unbroken freehold sale with the benefit of existing leases the property is not elected for VAT.
EPC: Flats 1 and 2 - Band D Commercial Premises - Band B
Forming part of a central Teddington leafy parade of cafes, restaurants, shops and services. Walking distance from Royal Bushy Park, at the confluence of the High Street and broad Street . Buses pass outside, Teddington Station is within a short stroll and by road it is a short drive from the A316 /M3 which, in turn, provides easy access to the A3, A316, M3, M25, Heathrow Airport and City Centre.
Rarely available unbroken freehold investment comprising shop premises let on an Fri lease and two apartments let on assured tenancies. The property has the benefit of two existing leases of 125 years from February 2007 for both apartments in the same ownership. The shop lease has recently renewed for a further 5 years.
£46,200 pax in rent comprising self-contained shop premises currently used as a long-established ladies hairdressers. A private street entrance leads to ground floor and first floor apartments.
Rental income/ tenure
Shop 2013; 34M £1000 p/m let on an Fri lease
Flat 1 2013; 34 M2 1-bed garden flat let at £1400 pcm. Assured periodic tenancy.
Flat 2 2013; 50 M2 1-bed first-floor flat let at £1450 pcm. Assured periodic tenancy.
Ground rents £100 pa for the first 33 yrs, £200 pa for the next 33 yrs, £400 pa for the final years of the term.
Tenure: Unbroken freehold sale with the benefit of existing leases the property is not elected for VAT.
EPC: Flats 1 and 2 - Band D Commercial Premises - Band B
Mortgage calculator
Monthly repayment
£3,726 per month
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