Station Rd 5,813 SF Industrial Condo Unit Offered at $1,377,404 CAD in Teddington TW11 9BQ

The premises comprises an industrial/ workshop unit constructed in the mid 1980’s of portal frame with blockwork walls under a pitched roof. The unit has roller shutter loading doors and benefits from ancillary offices at the front the building on ground and first floors. Eaves height of approximately 4.7 metres.

Teddington is in the London Borough of Richmond Upon Thames, considered one of the UK’s most desirable places to live. The area has an affluent and growing catchment population and a thriving business community. Located in the heart of Teddington and situated next to Teddington Railway Station. Long Leasehold investment (85 years unexpired). Industrial warehouse unit totalling 540.2 sq.m (5,813 sq.ft.). Eaves height of approximately 4.7 metres. Let to Halfords on a 5 Year Lease from 10/05/2023 with a lease expiry 09/05/2028.  Current Rent of £78,345 per annum which equates to £13.47 per sq ft. Offers in excess of £735,000 subject to contract, which would reflect a Net Initial Yield of 10%.