342 Richmond Rd - Storefront FOR SALE


Twickenham, MDS TW1 2DU
$785,000 USD
342 Richmond Rd, Twickenham, MDS for Sale
$785,000 USD
Storefront - FOR SALE
1/3
null | 6.99% Cap Rate

342 Richmond Rd
Twickenham, MDS TW1 2DU


HIGHLIGHTS

  • Attractive period retail parade close to Richmond Bridge
  • Newly opened Lidl in close proximity
  • Good level of footfall
  • Constructed of solid brick walls

OVERVIEW

Offers are invited in the region of £785,000. The commercial unit is let to Richmond Mencap Limited who renewed their lease for a term of 10 years from April 2019. The passing rent is £22,500 pa and is subject to 5 yearly upward only rent reviews. Residential Assured Shorthold tenancies Flat A rent is £1,300 per calendar month. Flat B rent is £1,400 per calendar month. Total income is therefore £54,900 per annum.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$1,573 USD /SF

CAP RATE

6.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,054 SF

ZONING

-

APN/PARCEL ID

TGL270875,TGL526631

ASK ABOUT THIS PROPERTY

Richard FarndaleMartin Campbell & CoMore Info

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Richard FarndaleMartin Campbell & CoMore Info

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