TEDDINGTON 020 8977 1166
TWICKENHAM 020 8892 1313
WHITTON 020 8894 2855
COMMERCIAL 020 8977 5817
LETTINGS 020 8977 1066
Freehold investment for sale. Fully-let shop (to excellent local covenant as part of an extended ceramic tile showroom) with 2 x studio apartments over in need of renovation with the benefit of vacant possession.
2 CRITERION BUILDINGS, THAMES DITTON, SURREY, KT7 0SS
Freehold investment for sale. Fully-let shop (to excellent local covenant as part of an extended ceramic tile showroom) with 2 x studio apartments over in need of renovation with the benefit of vacant possession.
2 CRITERION BUILDINGS, THAMES DITTON, SURREY, KT7 0SS
Freehold investment for sale, existing business unaffected. Benefitting from two studio apartments over in need of refurbishment, the shop is let on a secure lease dated 2012 for 12 years to a long-established retail and trade ceramic tile importer at a current passing rent of £10,400 per annum exclusive, review in 2016. The two studios are in need of refurbishment being separately accessed from the rear service-road leading to a secure yard and external staircase. Being located close to the University of Kingston campus this is an ideal opportunity to provide much needed residential accommodation.
Studio 1
Kitchen Diner some 15ft 03
Bedroom some 30’ 06
Studio 2
Kitchen Diner some 15ft 03
Bedroom some 30’ 06
SHOP LEASE: FRI granted in 2012 for 12 years to a long-established retail and trade ceramic tile importer due for review in 2016.
CURRENT RENT: £10,400 per annum exclusive for the shop
SALE PRICE: The freehold and associated shop lease is available for £510,000.
ENERGY PERFORMANCE: An EPC has been commissioned.
VIEWING: strictly by appointment through owner’s Agents- milestone commercial 020 8977 5817
The details in these particulars are meant as a guide only and do not constitute an offer or contract and any intended tenant or purchaser should satisfy themselves as to being correct. Statements contained herein are made in good faith but without responsibility by Milestone Commercial Agency Ltd. or our clients. All figures ex-vat where applicable.
MILESTONE COMMERCIAL- OPEN FOR BUSINESS
Set up fee - £400.00 (plus VAT) for up to two tenants
Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement
Additional Tenant Fee - £60.00 (inc VAT) per tenant
Processing the application, associated paperwork and referencing
Guarantor Fee - £60.00 (inc VAT) per guarantor (if required)
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement
Permitted Occupier Fee - £25.00 (plus VAT) per permitted occupier
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy
Pet Deposit - Returnable additional Security
Deposit of two weeks rent. To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy
Amendment Fee - £50.00 (plus VAT)
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy
Renewal Fee (tenant’s share) - £50.00 (plus VAT)
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
Check out Fee (tenant’s share) - dependant on size of property
Future Landlord Reference Fee - £0 (inc VAT) per reference request
Collating information and preparing a reference for a future landlord or letting agent
Unpaid Rent / Returned Payments - Interest at 8% above Bank of England Base Rate from date due
