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154 Heath Road, London, TW1

Fixed Price
£256,000

£679.05 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

377 sq ft

35 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Floor Plan
1

Key features

  • Gross Initial Yield: 7.03%
  • Rental Income: £18,000 p.a.
  • Total size: 35 sq m (377 sq ft)
  • VAT is NOT applicable to this property

Description

Investment Consideration:
Gross Initial Yield: 7.03%
Rental Income: £18,000 p.a.
VAT is NOT applicable to this property
Comprises ground floor retail shop t/a bubble tea shop
Occupiers close by include Tesco Express, Medivet, Barbers, Café, Restaurants and many more.

Property Description:
Comprises ground floor mid-terrace shop, providing the following accommodation and dimensions:
Ground Floor: 35 sq m (377 sq ft)
Open plan retail, kitchenette, WC

Tenancy:
The property is at present let to Individual for a term of 10 years from 8th November 2023 at a current rent of £18,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 08.11.28 linked to RPI. Tenant option to determine on 08.11.28 with min 6 months notice. Deposit held of £4,500. Lease within Landlord & Tenant Act 1954

Tenure:
Long Leasehold. Held on a 125 Year lease from 25th December 2003 at a ground rent of £400 p.a.. Reversion 2128.

Location:
The property is situated on the North side of Heath Road, within short walk to Twickenham Train Station. Occupiers close by include Tesco Express, Medivet, Barbers, Café, Restaurants, Pure Gym and many more.

Brochures

154 Heath Road, London, TW1

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Twickenham Station0.5 miles
  • Strawberry Hill Station0.5 miles
  • Whitton Station0.9 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference 154heathrd. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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