43-47 High Street 3 Retail Properties Offered at $3,370,082 in Multiple Locations

The Freehold of the whole block is available at £2,525,000, which reflects a yield of 5.34% and a potential reversionary yield of 6.89%
Alternatively, the Vendor may elect to retain the 3 x residential Flats by way of new 999 year leaseback and offer the Freehold with commercial income only at £1,210,000, which reflects a yield of 6.53% and a potential reversionary yield of 8.55%
The property comprises 3 x self contained retail units, a ground floor Class E office and 3 x self contained flats on part ground and upper floors
Approximately 2,476 sq ft residential and 2,508 sq ft commercial
Producing a total rent of £134,800 pa (59% commercial / 41% AST)
ASKING £2,525,000 whole block £1,210,000 commercial only
Freehold tenure of the whole block, with the opportunity to include or exclude the flats from the sale
Teddington is regarded as one of the most desirable London suburbs to live and work. With an abundance of local amenities, including Teddington Lock and Bushy Park, the
town attracts highly affluent residents seeking the ‘village-like’ setting. The property is situated in the heart of the town on High Street, at its junction with Vicarage Road. The vibrant array of boutique retailers, street cafes and national retailers make it a one-stop-shop for local residents. Nearby retailers include Marks & Spencer, Waterstones,
Starbucks and Sainsbury’s Local.