Summary
Highly Reversionary Shop Investment
The property is prominently situated fronting Church Street in the heart of the towns Conservation Area, enjoying good access to all facilities of the Two Rivers shopping centre and the High Street.
The premises is approximately 2 miles south of Heathrow Airport and just 1 mile off Junction 13 and 1 mile distant from Junction 13 of the M25.
The investment comprises on the ground floor of two separate shop premises, one is currently used as a cafe (A3) and the second shop (A1) is currently vacant. There is rear access to the first floor where there are two separate studio flats.
No. 53 and the two studio flats are leased to a single tenant, Simon Arnold (Cafe One), at a passing rent of £22,000 per annum until 23 December 2020. The lease is outside the Security of Tenure provisions of the Landlord & Tenant Act 1954, Part 2.
No.51 is currently vacant (formerly occupied by Davies Angling).
Price/Tenure
We are seeking offers in excess of £625,000 for the freehold interest.
Each party to be responsible for the payment of their own legal costs incurred in the letting.
Prices are quoted exclusive of VAT which may be charged.
EPC Ratings
51 Church Street - D(94) / 51A Church Street - D(62) / 53 Church Street - E(118) / 53A Church Street - E(140)
Rare investment opportunitiy
Town centre location
Freehold
Vacant possession of flats possible
Suitable for owner occupiers after December 2020