Property description
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.
Property Features :
- Secure Retail Investment Opportunity
- Prime High Street Pitch
- Let To Co-Op Funeral Care
- Passing Rent £36,000 pa
- Lease Expiry in 2026