Long Leasehold Industrial Investment Opportunity
- TWO ADJOINING WAREHOUSE UNITS
- LONG LEASEHOLD INVESTMENT
The premises comprise two adjoining warehouse units constructed in the mid 1980's of portal frame construction with with blockwork walls under a pitched roof. Both warehouses have roller shutter loading doors and benefit from ancillary offices in the front of each building on ground and first floors.
EPC Rating: Unit 1: C(53) and Unit 2: E (121)
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.
The property has the following approximate
gross internal floor areas:-
Ground Floor - 3,811 sq. ft (354 sq. m)
First Floor - 492 sq. ft (45.7 sq. m)
TOTAL - 4,303 sq. ft (399.7 sq. m)
Ground Floor - 4,824 sq. ft (448.2 sq. m)
First Floor - 989 sq. ft (92 sq. m)
TOTAL - 5,814 sq. ft (540.2 sq. m)
Rateable Value 2017:
Unit 1: £38,500
Unit 2: £50,000
For confirmation of rates payable, please
contact the business rates department of
the London Borough of Richmond upon
Offers invited n the region of £3,000,000
A sale of the long leasehold interest of 125
years from 1985.
Unit 1 £40,000 pa to 30/04/2023
Unit 2 £69,185 pa to 09/05/2023**
** Lease within 1954 L&T Act
The units can be purchased separateliy if so required