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MapResidential development for sale
Heath Road, Hammersmith, Twickenham, London, TW1
Residential development
12937
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
Location
Twickenham is a suburban district in London. It is situated on the River Thames
9.9 miles southwest of Charing Cross. It is part of the London Borough of Richmond upon
Thames since 1965, and the borough council's administrative headquarters are located in
the area.
Description
A mixed-use building arranged over ground and two upper floors. The property
comprises 14 x one-bedroom apartments, of which 13 have been sold. A further one bedroom flat is retained by the freeholder, currently let on an AST and producing £18,
000 per annum. The airspace benefits from consent to develop three new flats (2 x two bedroom and 1 x one-bedroom), each with private terraces and parking.
The ground-floor retail unit is let on a 15-year lease with no breaks and is fitted out as a
high-end convenience store. This unit also benefits from the use of part of the rear car
park for deliveries and parking.
Planning
L B Richmond have provided prior approval permitted development rights under Part 20
of the GPDO. The reference for this application is 24/0555/GPH03. Further details are
available on request or via .
GDV
The table below sets out what be believe to the approximate values, once developed:
Local Authority
London Borough of Richmond upon Thames
User
We believe the premises fall under Class E & C3 of The Town and Country Planning(Use
Classes) (Amendment) (England) Regulations 2020.
EPC
The retail unit has an EPC rating of C (62). A copy of the EPC is available on request.
Terms
Offers are invited in the region of £2,280,000 (Two Million Two Hundred and Eighty
Thousand Pounds). A purchase at this level provides an NIY of 6.30% when allowing for
purchasers standard costs of 5.94% and the residual value of the air space at£250,000.
Tenure
Freehold subject to existing leases.
Service Charge
The freeholder operates a service charge for the whole building and full details are
available on request
Legal
Each party to bear its own legal costs.
VAT
The property has not been elected for VAT.
AML
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.
Accommodation & Tenancy Schedule
The property offers the following (GIA) approximate dimensions
Twickenham is a suburban district in London. It is situated on the River Thames
9.9 miles southwest of Charing Cross. It is part of the London Borough of Richmond upon
Thames since 1965, and the borough council's administrative headquarters are located in
the area.
Description
A mixed-use building arranged over ground and two upper floors. The property
comprises 14 x one-bedroom apartments, of which 13 have been sold. A further one bedroom flat is retained by the freeholder, currently let on an AST and producing £18,
000 per annum. The airspace benefits from consent to develop three new flats (2 x two bedroom and 1 x one-bedroom), each with private terraces and parking.
The ground-floor retail unit is let on a 15-year lease with no breaks and is fitted out as a
high-end convenience store. This unit also benefits from the use of part of the rear car
park for deliveries and parking.
Planning
L B Richmond have provided prior approval permitted development rights under Part 20
of the GPDO. The reference for this application is 24/0555/GPH03. Further details are
available on request or via .
GDV
The table below sets out what be believe to the approximate values, once developed:
Local Authority
London Borough of Richmond upon Thames
User
We believe the premises fall under Class E & C3 of The Town and Country Planning(Use
Classes) (Amendment) (England) Regulations 2020.
EPC
The retail unit has an EPC rating of C (62). A copy of the EPC is available on request.
Terms
Offers are invited in the region of £2,280,000 (Two Million Two Hundred and Eighty
Thousand Pounds). A purchase at this level provides an NIY of 6.30% when allowing for
purchasers standard costs of 5.94% and the residual value of the air space at£250,000.
Tenure
Freehold subject to existing leases.
Service Charge
The freeholder operates a service charge for the whole building and full details are
available on request
Legal
Each party to bear its own legal costs.
VAT
The property has not been elected for VAT.
AML
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.
Accommodation & Tenancy Schedule
The property offers the following (GIA) approximate dimensions
Property information from this agent
About this agent
At Willmotts we pride ourselves in providing a first class service from start to finish. We have proven over 150 years of being an independent estate agent in West London that honesty and integrity is the key to success. That is why most of our business comes from in house clients and referrals. We are a member of the Guild of Professional Estate Agents, with over 750 offices nationwide and are the No.1 Independent Estate Agency Network so can give your property a huge amount of exposure. We are always looking to help and to go above and beyond to make sure our clients and customer get the service they deserve. We hope that by choosing Willmotts you will have chosen a property company that you want to deal with for the rest of your life. With very experienced and driven staff members, bespoke software, professional photographers, powerful marketing tools, high quality print advertising, subscriptions to all the major portals so we can show your property in the best light. We pride ourselves on being The Complete Property Service and will be able to help with whatever property needs you have. For a friendly chat about how Willmotts can help you or just to find about the market in your area please do not hesitate to contact us.