£280,000

Property for sale

  1.  14A And 14B Shepperton Road, Laleham, Staines, Middlesex, Tw18 1Sd
  2.  14A And 14B Shepperton Road, Laleham, Staines, Middlesex, Tw18 1Sd
  3.  14A And 14B Shepperton Road, Laleham, Staines, Middlesex, Tw18 1Sd
Auction

From

£280,000

Property for sale

Shepperton Road, Laleham, Staines TW18

Local 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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Surrey
  4. Staines
  5. Laleham
  6. Shepperton Road