TypeRetail Investments

TW11 10-12 The Causeway, Teddington

TenureFor sale

10-12 The Causeway, Teddington, TW11 1/1

Specification

Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

Total current passing rent of £39,950 pa including ground rents.

The property comprises a ground floor showroom unit together with 7 residential apartments each sold on long leases for a term of 150 years from April 2015.

Ground Floor - Let to Nolte Kitchens UK Limited for a term expiring on 14th October 2031 at a rent of £38,000 per annum with no breaks.

Upper Floors - 7 long leasehold flats providing total ground rents of £1,950 per annum.

Location

Teddington, located in the London Borough of Richmond Upon Thames, is an affluent and highly sought-after suburb in Southwest London, known for its charming riverside setting in a village-like setting and excellent local amenities.

Amenities

Total Income £39,950 pa

Map