Property photos
Auction
From
£280,000
Property for sale
Shepperton Road, Laleham, Staines TW18Local area information
Property location
Nearby amenities
- Laleham CofE VA Primary School 0.2 miles
- Buckland Primary School 1 mile
- Chertsey 1.7 miles
- Staines 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- To be offered on Tuesday 24 September
- High Yielding Retail Investment
- Two Units - Comprising Convenience Store and Barbers
- Fully Let - Producing £28,000 per annum
- Attractive WAULT of 6.35 Years to Expiry
- Established and Popular Location
- Guide Price Reflects 10% Gross Yield
Strapline
Auction Sale - 24/09/2024
High Yielding Multi-Let Retail Investment Opportunity
Let to a Best One Convenience Store and Barbers Producing a Total £28,000 per annum
Description
The property comprises a high yielding, multi-let, retail/convenience store investment opportunity situated in a popular West London village.
Arranged across ground and first floors, the property comprises two retail units to the ground floor with a single residential unit to the first floor. The residential unit has been sold off on a long leasehold basis.
Unit 14A is let to Sakets Limited (t/a Best one) on a 15 year lease expiring 19/08/2032 and paying £16,000 per annum
Unit 14B is let to a Private Individual (t/a Room 14 Barbers) on a 5 year lease expiring 30/09/2028 and paying £12,000 per annum.
The property therefore benefits from an attractive WAULT of 6.35 years to expiry and occupies a prominent, high footfall pitch. The convenience store offers the only grocery amenity within Laleham and the nearest supermarket is approximately 1 mile to the north.
Tenancy
Please consult the below tenancy schedule and legal pack for more information.
Auction Sale - 24/09/2024
High Yielding Multi-Let Retail Investment Opportunity
Let to a Best One Convenience Store and Barbers Producing a Total £28,000 per annum
Description
The property comprises a high yielding, multi-let, retail/convenience store investment opportunity situated in a popular West London village.
Arranged across ground and first floors, the property comprises two retail units to the ground floor with a single residential unit to the first floor. The residential unit has been sold off on a long leasehold basis.
Unit 14A is let to Sakets Limited (t/a Best one) on a 15 year lease expiring 19/08/2032 and paying £16,000 per annum
Unit 14B is let to a Private Individual (t/a Room 14 Barbers) on a 5 year lease expiring 30/09/2028 and paying £12,000 per annum.
The property therefore benefits from an attractive WAULT of 6.35 years to expiry and occupies a prominent, high footfall pitch. The convenience store offers the only grocery amenity within Laleham and the nearest supermarket is approximately 1 mile to the north.
Tenancy
Please consult the below tenancy schedule and legal pack for more information.
More information
Listed by
Savills - National Auctions
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