SOLD
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110 HEATH ROAD, TWICKENHAM, LONDON TW1
A FREEHOLD MIX-USE INVESTMENT OPPORTUNITY

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A freehold mixed-use investment opportunity with value add comprising a ground floor commercial unit and 3 apartments above (one sold off on a long lease).
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The property is situated in a vibrant and well-connected area of Twickenham (TW1), within the London Borough of Richmond upon Thames. This area encompasses Twickenham itself, along with the charming locales of St. Margarets and Strawberry Hill.
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The property benefits from excellent transport connections. Richmond Station is the closest train station and is approximately a 3-minute walk (around 187 metres) from the property and offers South Western Railway services with direct links to London Waterloo, as well as District Line and Overground services.
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The existing property comprises a ground floor commercial unit together with a studio and one bedroom apartment across the first floor and a two bedroom apartment across the third floor which has been sold on a long lease.
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The commercial unit is let on a 20 year FRI lease commencing January 2020 (approximately 14 years 7 months unexpired) at a passing rent of £25,824pa. The lease provides rent reviews every 5 years. The vendor has not exercised the rent review that was due in January 2025 leaving an excellent opportunity for an incoming purchase to benefit from a possible immediate rent increase.
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We are advised that the commercial demise includes a studio apartment to the rear included within the lease which was included by way of a deed of variation in 2024 see data room for full details.
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The two apartments across the first comprise a studio to the rear and a one bedroom apartment at the front extending to a combined area of approximately 674sqft NSA. Both apartments are let on ASTs and generate a combined income of £27,000pa.
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The two bedroom apartment across the second floor has been sold off on a long lease and benefits from a ground rent of £100pa.
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Therefore the property benefits from a total income of £52,924pa with potential to increase.
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All prices quoted are excluding VAT and where applicable VAT will be added at the prevailing rate.
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The property is available freehold subject to the existing tenancies.
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SOLD