£249,950
Property for saleRichmond Road, Twickenham TW1
EPC Rating: D
About this property
A lock shop & freehold investment
The building comprises a mixed-use three-storey brick-built property under a pitched roof. The ground floor commercial unit fronting Richmond road is currently a barbers benefitting from the bright front aspect, whilst to the rear there is storage and a WC. On separate tenure long leases, there are 2 x rear ground floor apartments and 4 x flats on the upper floors bed apartment with private entrances. We believe the shop falls under Class E of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020
Ground Retail Zone A 207 ft sq / 19.73 msq
Ground Retail Zone B 56 ft sq / 5.2 msq
Ground staff toilet
Total 263 ft sq / 24.93 msq
business rates:
We have collated our information via voa online. The rateable value as at 1st April 2026 will be £11,500. Payable @ 49.9p in the pound = £5,635 pa.
Location:
The premises are situated on Richmond Road close to the junction with St Margaret’s Road and this unit lies adjacent to Kwik Fit on the north side of the street. The location is served with a variety of shops, estate agency offices, boutiques, cafes and restaurants.
Freehold:
We are waiting on the leases for the flats to the rear and above
current income :
Ground Floor Shop : A Fri lease for a term of 10 years contracted inside the security of the Landlord and Tenant Act 1954 Current rent from Feb 2020 @ £17,600 per annum. Rent reviews 5 Yearly.
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This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
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