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59 Staines Rd W 4,678 sq ft 100% Let Office Property Sunbury On Thames TW16 7AG £3,250,000 (£694.74/sq ft) 5.59% Net Initial Yield
Investment Highlights
- Freehold mixed-use investment
- Total size of 7,621 sq ft of (class E) retail space & residential uppers
- All 8 flats are let to County Private Client Ltd for a total rental income of £136,5000 p.a. until August 2028
- Retail unit with 8 newly built flats above
- Ground floor let to Blue Horse Heating, Plumbing & Bathrooms for £45,000 p.a. on a 20yr lease (Tenant only break option in year 8 & 15)
- Total passing income of £181,560 p.a.
Executive Summary
Freehold mixed-use investment
Retail unit with 8 newly built flats above
Total size of 7,621 sq ft of (class E) retail & residential space
Parking for over 35 cars at the rear
Retail unit with 8 newly built flats above
Total size of 7,621 sq ft of (class E) retail & residential space
Parking for over 35 cars at the rear
Property Facts
Sale Type
Investment
Property Type
Tenure
Freehold
Property Size
4,678 sq ft
Costar Property Class
B
Year Built
1970
Price
£3,250,000
Price per sq ft
£694.74
Yield
5.59%
NOI
£181,560
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,170 sq ft
Plot ratio
0.60
Total Plot Size
0.18 ac
Parking
35 Spaces (7.48 Spaces per 1,000 sq ft Leased)
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59 Staines Rd W
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