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Tsaretto Spice, 55 Church Street, Twickenham

Guide price

£350,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Other leisure

No floor / site plan

Key features

  • High Yielding Retail/Leisure Investment
  • Let to Tsaretta Restaurant
  • 15 Year Lease Expiring 30.09.2028
  • Tenant Break Option Not Exercised
  • Asset Management Potential Via Renewal
  • Potential for change of use (subject to consents)
  • 6 week completion
  • VAT-Free Investment
  • Investment Let at £43,000 p.a. (12.28% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a prime corner pitch on a pedestrianised street in the heart of Twickenham.

Arranged across ground and first floors, the property is let to Tsaretta on a 15 year lease expiring 30.09.2028 and paying £43,000 per annum.

The tenant did not serve their 2018 or 2023 break options, displaying confidence in the location.

The property occupies a prime pitch fronting the pedestrianised Church Street, one of the principal retail streets in Twickenham characterised by a mix of local and national retailers, as well as a number of independent restaurants.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
No
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Tsaretto Spice, 55 Church Street, Twickenham

Map showing property location

NEAREST STATIONS

National Rail

Twickenham Station

0.28 miles

National Rail

St. Margarets Station

0.64 miles

National Rail

Strawberry Hill Station

0.76 miles

About Savills National , Savills Auctions- Commercial

Savills National , Savills Auctions- Commercial

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Disclaimer - Property reference C876CFD5-F107-4B30-B068-50A5B31B7B44. 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 National , 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.