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INVESTMENT HIGHLIGHTS
- RETAIL INVESTMENT OPPORTUNITY.
- Prominent corner location.
- 52.36 sq. m. (564 sq. ft.).
- Living accommodation on first floor.
EXECUTIVE SUMMARY
The property is situated within an established residential area with a number of corner type shops fronting onto Twyford Avenue. Twyford Avenue is an arterial route (A3), carries a high volume of vehicular traffic and leads north to the A27. The property is some 600 metres north of the M27. The subject has a corner position fronting Twyford Avenue with a return to Newcomen Road.
Retail investment opportunity with living accommodation The subject property is an end-of-terrace former dwelling, historically converted to provide a hot food takeaway at ground floor level with ancillary residential accommodation above. It is of brick construction with rendered elevations, arranged over ground and first floors beneath a pitched, tiled roof. Access is provided via a side entrance from Newcomen Road, which passes through the food preparation area and therefore does not offer a self-contained entrance to the upper accommodation. The ground floor retail unit does not benefit from a W.C. The first floor comprises four bedrooms and a bathroom but lacks kitchen facilities. The property also includes a single garage, currently utilised for storage.
RETAIL INVESTMENT OPPORTUNITY 52.36 sq. m. (564 sq. ft.) Prominent corner location Living accommodation on first floor
Retail investment opportunity with living accommodation The subject property is an end-of-terrace former dwelling, historically converted to provide a hot food takeaway at ground floor level with ancillary residential accommodation above. It is of brick construction with rendered elevations, arranged over ground and first floors beneath a pitched, tiled roof. Access is provided via a side entrance from Newcomen Road, which passes through the food preparation area and therefore does not offer a self-contained entrance to the upper accommodation. The ground floor retail unit does not benefit from a W.C. The first floor comprises four bedrooms and a bathroom but lacks kitchen facilities. The property also includes a single garage, currently utilised for storage.
RETAIL INVESTMENT OPPORTUNITY 52.36 sq. m. (564 sq. ft.) Prominent corner location Living accommodation on first floor
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
564 sq ft
Costar Property Class
C
Year Built
1950
Price
£175,000
Price per sq ft
£310.28
Tenancy
Single
Number of Floors
2
Plot ratio
0.87
Total Plot Size
0.01 ac
Parking
1 Spaces (1.77 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Bus Route
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- New Hong Kong
- -
- 582 sq ft
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| New Hong Kong | - | 582 sq ft | - | - |
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222 Twyford Ave
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