£650,000

Retail premises for sale

  1.  9 High Street Twyford
  2.  1.Jpg
  3.  2.Jpg
Freehold

£650,000

(£241.19/sq. ft)

Retail premises for sale

9 High Street, Twyford, Reading RG10

2,695 sq. ft

Local area information

Property location

Nearby amenities

  • Polehampton Church of England Infant School 0.2 miles
  • Twyford 0.2 miles
  • Polehampton Church of England Junior School 0.5 miles
  • Wargrave 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • For sale
  • Fully let
  • Prominent position
  • 4 car parking spaces
  • Twyford Crossrail station

  • Description

    9 High Street comprises a ground floor shop occupied by Zappas Hairdressing Salon and two upper floors each providing 2-bed self-contained residential flats.

    Externally, the overall property benefits from 4 car parking spaces to the rear which is accessed off Church Street.

    Location

    9 High Street is prominently located within the heart of the popular and sought after Berkshire village of Twyford which lies midway between Maidenhead and Reading and is served by the mainline Crossrail railway station. The property itself is situated on the southern side of the High Street a short distance to the west of its busy crossroads junction with Church Street, Wargrave Road and London Road. Twyford offers a good selection of independent retail and restaurant facilities, as well as an established Waitrose Supermarket.

    Business Rates

    Gf Shop Rateable Value: £11,750
    Council Tax: C - £1,483

    Terms

    The virtual freehold comprising a 999-year lease from 14/12/2005 is offered for sale for £650,000 with the benefit of a new 5-year lease on the gf shop and rental income as detailed below.

    Lease Terms

    Two flats let on AST’s producing a combined rent of £21,900 pa. Upon completion, Zappas Hairdressing Salon shall enter a new 5-year internal repairing and insuring lease at a rental of £18,500 pax on the ground floor shop.

    Total rental income £40,400 pa.

    Viewing & Further Information

    Please contact the sole agents for further information or an appointment to view.

    VAT

    The property is not elected for VAT

    Anti-Money Laundering Regulations

    To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake id checks for all successful purchasers and tenants where legislation requires us to do so.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Haslams Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haslams Commercial for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Berkshire
    4. Reading
    5. Twyford
    6. High Street

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