Virtual Freehold (999-year) Investment for Sale – income producing 50/50 business unit with car parking
The property comprises of a two storey storage unit with first floor office, which we believe were constructed in the 1980s.
The unit benefits from double loading door to the ground floor and one car parking space in the central forecourt.
The present use of the premise comprises a mixture of office and storage space on the ground floor with office on the first-floor.
The current tenancy schedule for Unit 1 can be seen in the table below:
Current Rent pax. - £18,140 pa.
Current Rent psf. - £20.00 psf.
ERV £ psf. £21.00 psf.
ERV £ pax. £22,675 pa.
Tenancy Ends - 06/07/2024
Rent Review - N/A
Through prior arrangement with joint sole agents Vokins and Anthony James Manser.
Worton Court is located within the Worton Hall Industrial Estate, situated immediately off Worton Road in Isleworth.
Isleworth is a suburban town located in the London Borough of Hounslow. It is situated on the banks of the River Thames and enjoys close proximity to the River Thames, Syon Park and other historical landmarks.
Local amenities include the much acclaimed London Apprentice and other traditional pubs, restaurants, delicatessens and retail facilities.
Kew Gardens, Twickenham Stadium and Hounslow and Richmond upon Thames town centre are also located within driving distance.
Worton Court is approximately 1.7 miles from Chertsey Road (A316) and 1.5 miles from the Great West Road (A4) which provides excellent road communications via the North and South Circular Roads and the M4 and M3 motorways.
Central London is approximately 11 miles to the east and Heathrow is 4 miles west.
Hounslow East (Piccadilly Line), Hounslow (British Mainline) and Isleworth (British Mainline) are approximately 0.9 miles away. Hounslow Central is also within walking distance and there are numerous bus routes.
The properties are individually available by way of a 999-year long leasehold (virtual freehold), at a peppercorn ground rent, if demanded.
Hounslow East (0.7 miles)
Hounslow Central (1.0 miles)
Osterley (1.1 miles)
Isleworth (0.7 miles)
Hounslow (0.8 miles)
Whitton (1.3 miles)