TypeRetail Investments

TW3 243-247 High Street, Hounslow

TenureFor sale

243-247 High Street, Hounslow, TW3 1/1

Specification

Building size
Building size 7,472 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

The property comprises three well configured retail units arranged principally over three floors, providing sales accommodation on ground with additional ancillary accommodation on the first and second floors. The units are serviced from the Treaty Centre to the rear.

100% trading location

Full vacant possession of former Ann Summers Unit

ERV of over £200,000 PA

Offers required in excess of £3m for the freehold interest

Would sell individual units

Equivalent yield of 6.25%

The property is let in accordance with the tenancy schedule, producing a current rental income of £127,500 pa together with full vacant possession of 245 High Street.

Location

The subject property is situated in a prime trading location on the pedestrianised High Street, adjacent to Costa Coffee, whilst in close proximity to the entrances to the Treaty Shopping Centre

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