Thames Edge Court Clarence St 85,000 sq ft 100% Let Retail Property Staines TW18 4BU £2,500,000 (£29.41/sq ft) 8.32% Net Initial Yield

Introducing a prime investment opportunity in the heart of Staines-upon-Thames! This remarkable restaurant property is strategically located at Thames Edge Court, fronting the tranquil River Thames, offering a rare chance to own a thriving business in a bustling London commuter town. Boasting a total current gross rent reserved of £208,000 p.a., this property presents an attractive asking price of £2,500,000.
The property itself is a part of a vibrant leisure pitch location, nestled on the south side of Clarence Street, at the junction with Staines Bridge. Surrounding the establishment are a variety of local restaurants and retailers, adding to the allure of the area. Notable tenants include Slug & Lettuce Company Limited (with guarantor), PMP Building Management Limited, and Elite Hospitality Services PVT Ltd.
Comprising 3 leisure units totaling 1,652 sqm (17,782 sqft), this property is an excellent investment opportunity. The allure of the River Thames and its established leisure location further enhances the desirability of this property. Additionally, the close proximity of Staines Station, a mere 0.6 miles away, adds to the convenience and accessibility of the area.