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£2,300,000

(£295.14/sq. ft)

Retail premises for sale
High Street, Hounslow TW3

    • 7,793 sq. ft

Added on 19/12/2024

About this property

  • 4 x Commercial Units

  • Investment Opportunity

  • Close to Hounslow East Station

  • Great Transport Links

  • Prime High Street Location

  • Available Now

Description
Kingworths are proud to present this great instruction in the heart of Hounslow, consisting of four commercial units for sale (Virtual Freehold - 999 years from 2016).

Location:
The premises are in a prime position on High Street, Hounslow, TW3. Located within a 5-minute walk from Hounslow East tube station as well as stone's throw away from Hounslow bus garage. Local retailers include Primark, Argos, Amazon Fresh, Boots and a whole host of other well-known national retailers, banks and restaurants.

Terms:
Unit 1: Ground floor unit with mezzanine, let out on 15-year lease with 5 yearly rent reviews from 2023, paying an annual rent of £30,000 + Vat.

Unit 2: Ground floor unit with mezzanine, let out on a 10-year lease (2.5-year break clause) from 2023 with five yearly rent reviews at an annual rent of £30,000 + Vat

Unit 3: Ground floor unit with mezzanine let out on 20-year lease from 2020 with 5 yearly rent reviews, paying an annual rent of £17,400 + Vat.

Unit 4: Ground floor unit with front and back access, let out on 15 years lease from 2024 with 5 yearly rent reviews to a gym operator, paying an annual rent of £55,000 + Vat for first 2 years, increasing to £60,000 + Vat thereafter.

Usage:
We believe the premises fall under Class E of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020, however applicants are advised to make their own enquiries with London Borough of Hounslow Council.

EPC:
Units 1-3 have an energy performance rating of B. Unit 4 is a D rating.

Viewings:
Strictly by an appointment via Kingworths.

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Monthly repayment

£11,505 per month

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