Retail premises for sale in 38 Broad Street, Teddington TW11

Location

The property is located in Teddington, an affluent south west London suburb in the London Borough of Richmond upon Thames. Broad Street is one of the two main shopping areas of the town and there are a number of multiple retailers in close proximity including Wimpy, Boots, Costa Coffee, Cafe Nero, wh Smith, and a Tesco Metro, as well as a number of cafes, restaurants and independent retailers.

Description

The property comprises a ground floor retail premises fitted to a high standard and currently trading as a mobile and vape
store. There is also a rear storage building and rear access to North Lane.
To the rear, there is independent access to a residential flat laid out over two floors. The first floor comprises one room, fitted
kitchen and fitted bathroom. The second floor has two bedrooms.
The flat is offered in good decorative order and benefits from wooden floors throughout, gas central heating and UPVC windows to the rear.

Accommodation

The property has the following approximate floor areas:-
Retail - 36.5 sq. M (393 sq. Ft)
External Store - 12.3 sq. M (132 sq. Ft)

Total - 48.8 sq. M (525 sq. Ft

First Floor 56.4 sq. M 607 sq. Ft
Second Floor 26.9 sq. M 290 sq. Ft
total 83.3 sq. M 897 sq. Ft

Tenure

Freehold subject to:-
1. Lease of the ground floor for a term of 10 years from 8th March 2018 at a rent of £18,000 per annum. Rent review 8th March 2023.
2. Assured Shorthold Tenancy of the residential flat at a rent of £1,675 pcm.

Price

Offers in the region of £725,000

Business rates

2017 Rateable Value: £10,250
2023 Rateable Value: £9,500

Council tax

Band C

Energy performance rating

Commercial Energy Rating: C62
Residential Energy Rating: D66