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342 Richmond Road
East Twickenham
TW1 2DU

Size 1,779 sq ft (165.33 sq m)
Lease / Term The commercial premises are let to Richmond Mencap Ltd who renewed their lease for a term of 10 years from April 2019. The passing rent is £17,000 pa and is subject to a 5 yearly upward only rent review. Flat A is let to an individual on an assured shorthold tenancy. The agreed rent is £1,050 per calendar month. Flat B is let to a couple on an assured shorthold tenancy. The agreed rent is £1,200 per calendar month. Total rent = £44,000 pa Estimated Rental Value = £47,000 pa
Price Upon Application
VAT VAT is not applicable
The subject property forms part of an attractive nineteenth century parade of retail premises.The three storey building is constructed out of solid brick walls. It comprises a commercial unit at ground floor and two one-bed flats on the first and second floors. At the rear of the building is a small yard with gate to the service passage that is accessed off Alexandra Road.
The property is located in the affluent urban village of East Twickenham in the London Borough of Richmond upon Thames. East Twickenham is approximately 8 miles south west of Central London and benefits from excellent road and rail transport communications. East Twickenham is effectively an extension of Richmond town centre and this close proximity to Richmond renders it a very popular residential location which in turn benefits the many thriving businesses situated on Richmond Road, including Lidl with its 55 parking spaces.

Accommodation

Floor Size
Commercial Unit - Gnd floor Retail - Mencap 367 sq ft (34.11 sq m)
Commercial Unit - Gnd floor Rear Office - Mencap 132 sq ft (12.27 sq m)
Residential Upper - 1st Floor Flat A - Single Occupant 640 sq ft (59.48 sq m)
Residential Upper - 2nd Floor Flat B - Couple Occupation 640 sq ft (59.48 sq m)
Total 1,779 sq ft (165.33 sq m)

Amenities

  • Freehold commercial & Residential investment
  • Attractive period retail parade
  • Lidl in close proximity
  • Ground fl let to Mencap on 10 year lease - 2029
  • Uppers comprise two self contained flats (Let)
  • Close to Richmond Bridge