50 High Street, Staines, Surrey, TW18
£408.62 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,346 sq ft
125 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Rental Income: £37,000 p.a.
- Gross Initial Yield: 6.73%
- Comprises ground floor shop t/a Subway
- VAT is applicable to this property
Description
Gross Initial Yield: 6.73%
Rental Income: £37,000 p.a.
VAT is applicable to this property
Comprises ground floor shop t/a Subway
Situated opposite Elmsleigh Shopping Centre with occupiers close by including McDonald’s, Greggs, WH Smith, Caffè Nero and Lloyds, Barclays, HSBC and NatWest banks, amongst others.
Property Description:
Comprises mid-terrace ground floor shop t/a Subway. The property benefit from rear access and provides the following accommodation and dimensions:
Ground Floor: 125 sq m (1,346 sq ft)
Open plan seating, kitchen, office, storage, wc
Tenure:
Long Leasehold. To be held on a 999 year lease on a term expiring on 25th February 3018 at a ground rent of peppercorn. Circa 993 years remaining on leasehold.
Tenancy:
The property is at present let to Safa Associates Ltd t/a Subway for a term of 10 years from 13th July 2022 at a current rent of £37,000 per annum and the lease contains full repairing and insuring covenants. Fixed rental uplift to £39,000 p.a. in July 2025 and £40,000 p.a. in July 2027. Mutual option to determine in July 2027 with min 6 months notice.
Location:
Staines-upon-Thames, with a population of some 18,000, is located on the River Thames within the London commuter belt, some 18 miles west of the city centre and 4 miles south of Heathrow. The town is within the M25 Motorway, close to Junction 13 and the A30. There are regular rail services to London Waterloo (fastest journey time 35 minutes). The property is well located on the north side of High Street, close to its junction with Tillys Lane. The main entrance to the Elmsleigh Shopping Centre is diagonally opposite the property and occupiers close by include McDonald’s, Greggs, WH Smith, Caffè Nero and Lloyds, Barclays, HSBC and NatWest banks, amongst others.
Brochures
50 High Street, Staines, Surrey, TW18
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Staines Station0.4 miles
- Egham Station1.6 miles
- Ashford Station1.9 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
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