LONDON MEDICAL, RETAIL & GROUND RENT INVESTMENT

50/52, 54/56 & 58 HIGH STREET

WHITTON, MIDDLESEX, TW2 7LT The Prideview Group
COMMERCIAL PROPERTY CONSULTANTS
INVESTMENT SUMMARY
■ Freehold building comprising 3 shops
and 3 flats (of which 1 shop and 3 flats
are sold off on long leases)

■ Total rental income of £57,100 p.a.

with over 9 years unexpired lease
terms (subject to break option)

■ Whitton is a popular residential

suburb of the Borough of Richmond-
upon-Thames, 11 miles west of
Central London

■ High Street location with occupiers

close by including Lidl (adjacent),
Starbucks (opposite), Iceland as well
as Whitton train station.

DESCRIPTION
A Freehold end of terrace building
of solid bonded brickwork beneath
a pitched, tile roof. Arranged over two
floors, comprising 3 ground floor retail
units and 3 first floor flats. 1 retail unit
and the 3 flats have been sold off on
long leases.

The fit out of the optician (no. 54-56) WEMBLEY

has been completed to an exceptional A40

standard costing circa £150k. The Net GREENFORD

Internal Area measures 2,316 sq.ft. and

of this 1,027 sq.ft. to the rear of property HAYES

12
A
M25 40 LONDON

A
A3
SOUTHALL

5
has been sublet to a furniture retailer. ACTON
WEST DRAYTON

No. 50-52 is let to a home furnishing M4 A4

A4
supplier who are currently in the process
M25
of completing their showroom fit out A4

07
KEW FULHAM

A3
GARDENS
which will include a variety of kitchen 16
A3

A3
HEATHROW 0
and bathroom suites. The Net Internal ISLEWORTH

3
AIRPORT 4 HOUNSLOW

A
A
Area measures 1,496 sq. ft.
A3

A2
6
31

14
FELTHAM RICHMOND

VAT A4
A
TWICKENHAM
PARK

WIMBLEDON
COMMON

4
A3
The subject property has been elected for

A2
08

VAT and it is anticipated the sale will be A308 KINGSTON

WIMBLEDON

UPON
treated as a Transfer of Going Concern.

A23
BUSHY THAMES
PARK
M3 NEW MALDEN MITCHAM

WALTON- A3
ON-THAMES

24
A
 RU
36

GB
14

B
1 KNE
LOCATION / SITUATION

Y
LL

A3
ER

RO
R OAD TWICKENHAM

A
STADIUM

D
H
O
U
Whitton is a popular residential suburb of the Borough of Richmond-

NS
AD

L
upon-Thames, forming the western part of Twickenham. 11 miles west

OW
RO
O N
of Central London, Whitton enjoys good road communications the A316 W HITT

RD
WA R R E N R O A D B361
running through the area that leads to the M3 motorway. The M25 is a
short 20 minute drive (9.2 miles) west of the town.
R OA D
NELSON

W H ITTO N HIG H
In 2016, the £5m redevelopment of Whitton Railway Station was
completed and provides commutors with a quick, convenient journey
into Central London via the London Overground (Windsor Line). 6
31
A

ST
Whitton’s excellent transport links are continued by its close proximity
to Heathrow Airport, 4 miles to the north-east. MON
TRO
SE A WHITTON
VE

B358
Just a 2 minute walk from the railway station, the property sits at the JUB
ILEE
AV E
heart of the busy Whitton High Street alongside several high profile

HOSP
occupiers including Lidl (adjacent), Starbucks (opposite), Iceland, Tesco
D
A
Express, Sainsbury’s Local, Subway, Barclays Bank and Costa Coffee. O

I TA L
PO

R
W
DE

Y
R

SE
D
BRIDG
M

M
A
IL

EA
O

RT
L
LA

D
NE

W
C

E
E R OA
R

AY
H
E
P

C
D
OA D
ON R
6 R OA D
NELS 31 NES
A AI
TENANCY ST
05
A3
54/56 (NIA 2,316 sq.ft.) let to Real Eyes (Whitton) Ltd (having 8 branches across London) for a term of 10 years
from 17/01/2017 FR&I at a current rent of £32,500 p.a. The tenant has recently invested ca. £150,000 on the
fit-out. 1,027 sq.ft to the rear of the property has been sublet to Tribe Furnishing Store Limited (a home furnishing
supplier established in 1949 who recently relocated from a retail unit on Whitton High Street). The lease is
guaranteed by Real Eyes Limited, an Optician chain that has been trading since 2003. They had a net worth in
HIGH STREET

2017 of £330,023.

50/52 (NIA 1,496 sq.ft) let to a Gala Interiors Limited (with personal guarantee), a home furnishing supplier,
RD
C Y P R E S S AV E N U

MERE for a term of 10 years from 11/07/2017 FR&I at a current rent of £24,000 p.a.
AN
TR

Local
58 let to Co-Operative Group Ltd (t/a Co-op Funeralcare) and the 3 flats are sold off on long leases to individuals,
all with 90 years remaining and for a total ground rent of £600 p.a.

ADDRESS TENANT TERM ANNUAL BREAK EXPIRY

E

50-52 High Street, Whitton Gala Interiors Ltd 10 years from 12/07/2017 £24,000.00 12/07/2022 12/07/2027

54-56 High Street, Whitton Real Eyes (Whitton) Ltd 10 years from 17/01/2017 £32,500.00 17/01/2022 17/01/2027

58 High Street, Whitton Co-Operative Group Ltd 99 years from 15/01/2009 £150.00 - 15/01/2108

CON 50A High Street, Whitton - 99 years from 23/01/2009 £150.00 - 23/01/2108
S TA NCE RD BRI
DGE
WA 54A High Street, Whitton - 99 years from 15/01/2009 £150.00 - 15/01/2108
Y

58A High Street, Whitton - 99 years from 12/06/2009 £150.00 - 12/06/2108

WHITTON
TOTAL £57,100.00
PROPOSAL
Offers invited in the region of £900,000
which equates to a gross yield of 6.3%,
subject to contract and exclusive of VAT

INFORMATION
For further information or to arrange a
viewing please contact The Prideview Group:

Priyesh Patel
T: 0203 146 1342
M: 07892 431 982
E: psp@prideviewproperties.co.uk

Vishal Patel
T: 0203 113 2141
M: 07947 791 689
E: vishal@prideviewproperties.co.uk

The Prideview Group

Suite 4, Fountain House, Church Road
Stanmore, Middlesex HA7 4AL
T: +44 (0) 208 954 0878
W: propertyinvestmentlondon.com

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The Prideview Group
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the whole or any part of an offer or contract. II. Prideview cannot guarantee the accuracy of any description, dimensions, references to condition, necessary
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Design: GRM - 07854 131 147