120 St Margarets Road St Margarets Twickenham TW1 2AA

120 St Margarets Road
St Margarets
Twickenham
TW1 2AA

Freehold Retail and Health Centre Investment

Affluent South West London suburb
Opposite St Margaret's Railway Station
Entirely let until 2029 (no breaks)
Nearby occupiers include Tesco Express, Harris & Hoole and a number of local retailers

Lot
38
Auction
23rd May 2019
Rent
£55,000 per Annum Exclusive
Status
Sold
Price
£845,000
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN
On Behalf of Executors

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Freehold Retail and Health Centre Investment

Affluent South West London suburb
Opposite St Margaret's Railway Station
Entirely let until 2029 (no breaks)
Nearby occupiers include Tesco Express, Harris & Hoole and a number of local retailers

Lot 38
Auction 23rd May 2019
Rent £55,000 per Annum Exclusive
Status Sold
Price £845,000
Sector
High Street Retail
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN
On Behalf of Executors

Property Information

Location

Miles: 0.6 miles north-east of Twickenham; 12 miles south-west of the City of London
Roads: A3004, A316, A4, M4, M25
Rail: St Margaret's Railway Station
Air: London Heathrow,

Situation

The property is located in the affluent area of St Margaret's Village, 0.6 miles from Twickenham in the London Borough of Richmond upon Thames. The property is prominently located on the east side of St. Margaret's Road (A3004), opposite the railway station, with Twickenham station just under 1 mile to the west. Nearby occupiers include Tesco Express, Harris & Hoole and a number of local retailers.

Tenure

Freehold.

Location

Miles: 0.6 miles north-east of Twickenham; 12 miles south-west of the City of London
Roads: A3004, A316, A4, M4, M25
Rail: St Margaret's Railway Station
Air: London Heathrow,

Situation

Tenure

Freehold.

Description

The property comprises a retail unit on the ground floor with additional ancillary accommodation on the lower ground floor and the D1 user occupies part lower ground, first and second floor, with ground access from the High Street frontage. There is a small yard at the rear of the property accessed at lower ground floor level.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Lower Ground	Retail Storage	75.68 sq m 24.27 sq m	(815 sq ft) (261 sq ft)	INDIVIDUAL t/a David Masters (1)	20 years from 24/06/2009 until 23/06/2029	£23,000	24/06/2019, 24/06/2024
Ground First Second Lower Ground	D1 D1 D1 D1	11.04 sq m 68.82 sq m 54.91 sq m 71.68 sq m	(119 sq ft) (741 sq ft) (591 sq ft) (772 sq ft)	GIM-UK LIMITED t/a The Training Works	20 years from 30/01/2009 until 29/01/2029	£32,000	30/01/2019 (outstanding) 30/01/2024
Totals		306.40 sq m	(3,299 sq ft)			£55,000