127-129 Percy Road, Whitton, TW2 6HT

  • Investment
  • o
  • 592 Sq ft
  • o
  • For Sale
  • o
  • Price: £225,000 Current Income: £11,675 p.a.

Key Points

Commercial Investment For Sale

  • Income Producing Freehold Investment For Sale
  • Prominent Location Close to Whitton Station
  • 6 Long Leasehold Flats Above
  • Current Income £11,675 p.a.
  • 54.99 sq. m. / 592 sq. ft.

Location

Whitton is a busy London Suburb located approximately 13 miles from the centre of London and offers easy onward access to the M3, M25 and central London. The subject property is situated just off the main retailing pitch within Whitton and is adjacent to Whitton Train Station. Whitton Train Station offers services between London Waterloo, Barnes Bridge and Windsor & Eton Riverside. The nearest bus station is immediately outside of 127/129 Percy Road with the H22 bus running between Richmond, Manor Circus and Hounslow, Bell Corner.

Description

127/129 Percy Road is a three storey end of terrace mixed use building comprising of a ground floor retail unit (with basement) and self-contained residential accommodation above. There is a pitched, tiled roof above with the shop front being of aluminium construction and double glazed.


Internally the property had LED light panels and carpeted interior throughout, with the basement kitchen and WC having a laminate overlay finish. There Is also Air Conditioning at both ground floor and basement levels.

Accommodation

Ground Floor: 35.02 sq. m./ 377 sq. ft.
Basement: 19.97 sq. m. / 215 sq. ft.
Total: 54.99 sq. m. / 592 sq. ft.

Price

£225,000

Tenancies

Ground Floor: 15 years from the 29th April 2014 (no breaks) paying £11,000 p.a. with 5th yearly reviews. The Rent Review dated 25th March 2018 remains unagreed.
Upper Parts: 6 long leasehold flats with 3 un-extended (78 years unexpired) and the remainder with approx. 148 years unexpired. Current Ground Rent income totals £675 p.a.

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

EPC

Rating: C

Alex  Bellion

Alex Bellion
BSc (Hons) MRICS
07971 756068

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