Investment
- LONG LEASEHOLD INVESTMENT
- CURRENT INCOME £15,000 PER ANNUM
The property comprises a ground floor shop and basement with WC, currently let as a barbers. The property is in good
decorative condition with fully glazed shop front.
EPC Rating: G157
Location
The property is situated within a retail
parade in St. Margaret’s which is located between Twickenham and Richmond town centres and within the affluent London
Borough of Richmond upon Thames. The property is within a Conservation Area.
St. Margarets mainline railway station is in close proximity and there is easy access to the A316 (Chertsey Road) connecting to the M3 and motorway network.
Accommodation
The property has the following approximate net internal floor areas:-
Ground Floor
21.8 sq. m (235 sq. ft)
Basement
33.6 sq. m (361 sq. ft)
TOTAL
55.4 sq. m (596 sq. ft)
NB: Part of the basement has a restricted height of 1.5m. Remainder at 2.2m.
Rates
2017 Rateable Value: £11,500
Terms
A long lease for a term of 999 years from 25th December 1993 at a peppercorn ground rent.
Lease
A lease is granted to The Barbers
(St. Margarets) Limited for a term of 10 years from 12th April 2013 at a current rent of £15,000 per annum.