33-35 Broad Street, Teddington
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Prime Mixed-Use Investment Opportunity
- Retail Unit with 3 x Flats to the Upper Parts
- Ground Floor Let to British Heart Foundation
- Lease Expires 05.10.2032
- Upper Parts Let on Separate ASTs
- Further Flat and 2 x Retail Units Sold Long Leasehold
- Prime High Street Pitch
- Investment Let at £114,300 p.a. (8.53% GIY on Guide Price)
Description
Arranged as three ground floor retail units with four residential units to the upper parts. The property is fully let, with two retail units and one of the flats sold off on a long leasehold basis. The investments therefore effectively comprises a single retail unit and three flats.
The ground floor unit is let to British Heart Foundation on a 10 year lease expiring 05.10.2032 and paying £52,500 per annum.
The upper parts are let on three separate Assured Shorthold Tenancy (AST) agreements expiring 17.12.2027 and paying a combined £61,800 per annum.
The total rent is therefore £114,300 per annum. Please see the tenancy schedule and legal pack for more information.
The property benefits from a prominent frontage to Broad Street, the prime retail pitch within Teddington. The street therefore benefits from high footfall and is characterised by a number of local and national occupiers including Superdrug, Caffe Nero and a Tesco Superstore which is immediately opposite the property.
Brochures
33-35 Broad Street, Teddington
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Teddington Station0.3 miles
- Fulwell Station0.7 miles
- Strawberry Hill Station0.9 miles
Notes
Disclaimer - Property reference 67BAAB1B-15BA-4129-BF6B-42D6BAB2223D. 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, Savills Auctions- Commercial. 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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