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Shop for sale

High Street, Whitton, Twickenham, Middlesex, TW2 7LG

Guide Price* £250,000

Property Description

Full description

Tenure: Freehold

Nearby traders including Subway, Barclays Bank and William Hill. The shops are arranged as a cafe, let until 21/09/2022 at £5980 pa with a rent review at 22/09/2020 and a hair salon let for 6 years from 28/03/2003 (holding over) at £7980 pa. We are informed the caf is no longer trading but is continuing to pay the rent under the terms of the lease. Neighbouring properties have extended to the rear and there is development potential to increase the commercial space and possibly create a new residential unit/s subject to the usual consents.

Ground Floor: 2 shops.
First Floor: Flat 121a - 463 sq ft (source EPC), sold on a lease until 24/12/2173 with peppercorn ground rent. Energy Rating D/67.
Second Floor: Flat 121b - 538 sq ft (source EPC), sold on a lease for 165 years from 25/12/1984 producing ground rent of £100 pa. Energy Rating: E/52.
Outside: Rear yard.

Current Rent Reserved: £14,060 pa
Freehold

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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