Clarence Street, Staines, Surrey, TW18
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- SECTOR
4 bedroom mixed use property for sale
Key features
- Freehold investment
- Mixed-use shop & uppers
- 2 retail units
- 2 apartments
- Rental income £58,400
- Gross yield 8.1%
Description
Property Overview
The freehold investment comprises the following:
Retail Unit 1 (Ground Floor):
Currently leased to a nail salon under a new 10-year lease, providing security and long-term income growth.
Current annual rental income: £18,000 per annum.
The unit benefits from a prominent position just off the bustling high street, ensuring strong demand from retail tenants.
Retail unit 2 (Ground Floor):
Currently leased to a barber shop to 2032
Current annual rental income: £11,000
Residential Apartments (Floors 1 & 2):
Two generously sized self-contained two-bedroom apartments, each designed to
appeal to professional tenants or small families.
Apartment 1 (1st Floor): Let on an Assured Shorthold Tenancy at £1,250 PCM.
Apartment 2 (2nd Floor): Let on an Assured Shorthold Tenancy at £1,200 PCM.
Combined annual rental income from the apartments: £29,400.
Location
The property is located in a prominent position on the A308 Clarence Street and is moments from the busy High Street of Staines-upon-Thames which boasts two shopping centres, Two Rivers and The Elmsleigh Shopping centre. The property is located 1.5 miles from M25 (J13) and the wider motorway network, is 0.6 miles from the mainline station providing fast and frequent service to London Waterloo and Heathrow Airport is a short distance away, making it a popular destination for renters.
Financial summary
Total Annual Rental Income: £58,400.
Gross yield at asking price: 8.1%
The stability offered by the long-term retail leases, coupled with the strong demand for residential property in this thriving riverside town, makes this mixed-use investment an attractive and secure opportunity. With its excellent location, reliable income streams, and diverse tenant base, this property is wellpositioned to deliver consistent returns. For further information or to arrange a viewing, please contact the OASiS team today.
Clarence Street, Staines, Surrey, TW18
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Staines Station0.5 miles
- Egham Station1.4 miles
- Ashford Station2.0 miles
Notes
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