Star, 8 High Street, Hampton Hill, Hampton, TW12 1PD
- SIZE AVAILABLE
3,360 sq ft
312 sq m
- SECTOR
Commercial property for sale
Key features
- Freehold public house investment
- Property arranged over three levels extending to 2,289 Sq Ft (213 Sq M)
- Entire property let to two private individuals
- Lease expires November 2034
- Current rent of £63,659 per annum
- We are instructed to invite offers in excess of £895,000 (6.73% NIY)
- The rent is subject to five yearly open market reviews and annual uncapped RPI (except in the open market review year)
- Site extending to 0.09 acres
- Business unaffected by sale
Description
The property comprises the ground, basement and first floor of a two storey end of terrace building with painted rendered elevations beneath pitched roof.
Location
Located in Hampton Hill in the London Borough of Richmond upon Thames, 3.9 miles (6.2 kilometres) south-west of Richmond and 10.5 miles (16.9 kilometres) south-west of Central London.
The Star is situated fronting High Street in a mixed residential and commercial area with a number of independent operators nearby alongside Hampton Hill Theatre. The property is adjacent to Bushey Park with access to the park 100m to the south of the property.
Accommodation
Basement: The basement provides cellar and stores.
Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 53 customers. Ancillary areas include a trade kitchen and customer WC's.
First Floor: The first floor comprises two double bedroom, dining room, living room bathroom and kitchen.
External: There is a customer area to the side with seating on loose tables and chairs for 152 customers. There is parking to the side for 2 vehicles.
Tenure
The property is held on two freehold titles (Title Numbers SGL52019 & SGL182260).
Tenancy
The entire property is let to two private individuals on a lease expiring 30 November 2034 at a current rent of £63,659 per annum which is subject to five yearly open market reviews and annual uncapped RPI (except in the open market review year). A rent deposit of £13,746 is held by the landlord.
Planning
The property is not listed but it is situated within the Hampton Hill Conservation Area.
VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.
EPC
C-75
Terms
We are instructed to invite offers in excess of £895,000 (6.73% NIY) assuming the usual purchasers costs.
Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.
Similar Investment Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.
For further information and all viewing requests please contact the sole selling agents Savills.
Energy Performance Certificates
EPCBrochures
Star, 8 High Street, Hampton Hill, Hampton, TW12 1PD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Fulwell Station0.7 miles
- Hampton Station0.9 miles
- Teddington Station1.1 miles
Notes
Disclaimer - Property reference 327583-1. 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 Savills, Margaret Street - Licensed Leisure. 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.
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