Broad Street, Teddington £685,000

Sold STC
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  • Secure Retail Investment Opportunity
  • Prime High Street Pitch
  • Let To Co-Op Funeral Care
  • Passing Rent £36,000 pa
  • Lease Expiry in 2026
  • Recently Refurbished
  • 1,082 sq. ft. (100.6 sq. m) Approx.
  • 999 Year Long lease For Sale

Fully let commercial investment opportunity situated in a prime High Street position directly opposite Tesco Metro on Broad Street, Teddington which is an affluent and desirable South West London suburb. This mid-terraced A1 (retail) unit is arranged over ground floor and is let to Funeral Services Limited T/A The Co-Operative Funeral Care on a 10 year lease from 19/07/2016 at a passing rent of £36,000 pa. Neighbouring occupiers include Café Nero, WHSmith and Holland and Barratt as well as a number of independent boutique retailers and restaurants. Funeral Services Limited currently have over 800 branches nationwide and as of January 2015 reported a revenue of c. £350million and a profit of c. £63.5 million.  The premises are available by way of a 999 year long leasehold interest of the ground floor retail premises with the benefit of the lease to Funeral Services Limited.

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Broad Street
Teddington TW11 8QZ
County: Greater London
Sale Type: Sold STC
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