Under offer 
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Unit 1, Teddington, TW11 9BQ
4,303 sq ft (400 sq m)
Offers in excess of £450,000
Industrial For Sale
Industrial
- Long Leasehold
- Office/Warehouse Investment
The premises comprises a warehouse unit constructed
in the mid 1980’s of portal frame with blockwork walls
under a pitched roof.
The warehouse has roller shutter loading doors and
benefits from ancillary offices at the front the building
on ground and first floors.
Eaves height of approximately 4.7 metres.
The unit is let to AMC Express Ltd on a 10 Year Lease from
01/05/2023 with a Mutual Break option 01/05/29.
Current Rent of £47,500 per annum. With annual
£2,500 pa uplifts in Years 3, 4 and 5.
- Long Leasehold investment (85 years unexpired)
- Net Initial Yield of 9.4%
- Final Reversionary Yield of 10.85%
Location
The premises are located on an attractive modern business park developed in the mid 1980’s immediately adjacent to Teddington British Rail station, which provides regular services to London Waterloo via Richmond and Kingston. Access to the A316 is approximately 2.5 miles providing connection to the M3 and M25 motorways. Teddington benefits from a thriving local business community with a range of retailers, cafes, restaurants and public houses within the town centre.
Accommodation
Eaves height of approximately 4.7 metres.
| Floor | Area (sq ft / sq m) |
|---|---|
|
Ground Floor |
3811 sq ft (354.05 sq m) |
|
First Floor |
492 sq ft (45.71 sq m) |
|
TOTAL |
4303 sq ft (399.76 sq m) |
Lease
Offers in excess of £450,000 subject to contract.
Vacant possession by April 2026.
Contact an agent
Director - Head of Commercial Agency, Investment and Development
scott@snellers.comSimilar properties in the area
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