44 London Road, Middlesex, TW1 3RR

Investment For Sale in Twickenham

Retail & Residential Investment

  • 1,363 sq ft Net Internal Area
    ( 127 sq m )
  • Price: Offers in excess of £625,000
HIDE
Exterior1Exterior2Exterior3Internal1RearStreet

Key Points

  • Sought after retail/residential investment in a highly affluent Greater London suburb
  • Ground floor let to a national firm of estate agents
  • Recently refurbished self contained 2 bedroom duplex flat
  • In immediate vicinity to Twickenham Mainline Station
  • An attractive and well maintained property

Description

The property comprises a well configured ground floor A2 unit offering sales on the ground floor and ancillary space. The basement area is used by the tenant but has not been rentalised.

The flat is a large 2 bedroom duplex on the 1st and 2nd floors with separate access on the return frontage and has been recently refurbished with a new kitchen and bathroom, soundproofing and benefits from double glazed windows and gas central heating.

Ground Floor Sales 413 sq ft 38 sq m
Basement 395 sq ft 37 sq m
Total 808 sq ft 75 sq m

1st & 2nd Floor Flat -
2 Bedroom Duplex

555 sq ft 52 sq m

Tenure

Freehold

Tenancy

The ground floor is let to a national firm of estate agents Martin & Co (UK) Limited for a term of 10 years from 1st August 2012 on a full repairing insuring lease currently paying £17,500 per annum. There is a rent review and tenants break option on the 1st August 2017.

The flat is let on AST from 14th September 2015 ending 13th September 2016 paying £1,250 per calendar month providing a total rent of £15,000 per annum.

Covenant

Martin & Co was established in 1986 with some 200 offices in key locations across the UK.  In December 2013 The Martin & Co Group began trading on the Alternative Investment Market of the London Stock Exchange through Martin Co plc. For the year ending 31st December 2014 reported a turnover of £5,085,279, a pre tax profit of £2,249,844 and shareholder’s funds of £2,172,960. 

Business Rates

Available on enquiry

Service Charge

Available on enquiry

Twickenham is located in the popular and affluent London Borough of Richmond, some 10 miles west of Central London. The area benefits from excellent communications via the A316 which links directly with the M3 motorway, 2 miles to the west. The M4, M25 and M40 motorways are also easily accessible. Heathrow Airport is some 6 miles to the east and Twickenham Mainline Station provides regular rail services to London (Waterloo). Twickenham itself benefits from Twickenham Rugby Stadium, the home of English Rugby, which shows major sporting events such as International Rugby Union and Rugby Union Club games. The property is prominently situated on London Road, a busy retail high street near Twickenham Station is corner sited and has a return frontage. National occupiers in the immediate vicinity include Waitrose, WH Smith, Wetherspoon, Betfred, Toni and Guy, Burger King, Subway and Ladbrokes.