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58-60 Richmond Rd 2,407 SF Vacant Retail Building Twickenham TW1 3BE $1,134,483 ($471.33/SF)
INVESTMENT HIGHLIGHTS
- Good road links
- Close proximity to local amenities
- Good trasnport links
EXECUTIVE SUMMARY
The building is held on a long lease of 999 years from 29th September 2003 at a peppercorn rent. Offers in excess of £850,000 (Eight Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.
The premises offers a self-contained retail unit, with a large double shop frontage and a basement. The premises was extensively refurbished by the existing tenant. There is potential subject to the existing tenant and planning to create a rear and basement 2 bedroom split level flat which has been constructed on other units on the parade.
The unit is let to Bellababy Limited on an extended effective full repairing and insuring lease for 12 years from 10th April 2017 at £50,000 per annum exclusive subject to an upward only rent review in April 2022 (Outstanding) and April 2027. There is a deposit of £25,000.
The premises offers a self-contained retail unit, with a large double shop frontage and a basement. The premises was extensively refurbished by the existing tenant. There is potential subject to the existing tenant and planning to create a rear and basement 2 bedroom split level flat which has been constructed on other units on the parade.
The unit is let to Bellababy Limited on an extended effective full repairing and insuring lease for 12 years from 10th April 2017 at £50,000 per annum exclusive subject to an upward only rent review in April 2022 (Outstanding) and April 2027. There is a deposit of £25,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
2,407 SF
Building Class
B
Year Built
1872
Price
$1,134,483
Price Per SF
$471.33
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.17
Lot Size
0.32 AC
Frontage
44’ on Richmond Road
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The property consists of a double unit with excellent display frontage onto this busy main road. In addition to the retail area the premises benefit from basement storage and usual domestic offices.
| Space | Size | Space Use | Position | Available |
| Ground | 1,832 SF | Retail | In-Line | Now |
Ground
| Size |
| 1,832 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Ground
| Size | 1,832 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The property consists of a double unit with excellent display frontage onto this busy main road. In addition to the retail area the premises benefit from basement storage and usual domestic offices.
1 1
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
58-60 Richmond Rd
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