127-129 Percy Road

Whitton, TW2 6HT

127-129 Percy Road, Whitton, Office For Sale - External.JPG
Sold
Property Type Office
Availability For Sale
Size 592 sq ft
Price Investment Freehold £225,000
Energy Performance Rating Upon enquiry

Income Producing Freehold Investment For Sale
Prominent Location Close to Whitton Station
6 Long Leasehold Flats Above

Location

Whitton is a busy London Suburb located approximately 13 miles from the centre of London and offers easy onward access to the M3, M25 and central London. The subject property is situated just off the main retailing pitch within Whitton and is adjacent to Whitton Train Station. Whitton Train Station offers services between London Waterloo, Barnes Bridge and Windsor & Eton Riverside. The nearest bus station is immediately outside of 127/129 Percy Road with the H22 bus running between Richmond, Manor Circus and Hounslow, Bell Corner.

Key Points

  • Current Income £11,675 p.a.

Description

127/129 Percy Road is a three storey end of terrace mixed use building comprising of a ground floor retail unit (with basement) and self contained residential accommodation above. There is a pitched, tiled roof above with the shop front being of aluminium construction and double glazed. Internally the property had LED light panels and carpeted interior throughout, with the basement kitchen and WC having a laminate overlay finish. There Is also Air Conditioning at both ground floor and basement levels.

Accommodation

Ground Floor: 35.02 sq. m./ 377 sq. ft.

Basement: 19.97 sq. m. / 215 sq. ft.

Total: 54.99 sq. m. / 592 sq. ft.

Tenancies

Ground Floor: 15 years from the 29th April 2014 (no breaks) paying £11,000 p.a. with 5th yearly reviews. The Rent Review dated 25th March 2018 remains unagreed. Upper Parts: 6 long leasehold flats with 3 un-extended (78 years unexpired) and the remainder with approx. 148 years unexpired. Current Ground Rent income totals £675 p.a

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Viewings

Strictly by appointment with the sole agents: