£2,300,000
(£295.14/sq. ft)
Retail premises for saleHigh Street, Hounslow TW3
7,793 sq. ft
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.
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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