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Light industrial investment
Staines-upon-Thames, TW18 - Get Access
Description
The property comprises a high yielding industrial investment opportunity with evident asset management potential. Arranged as 4 x railway arches with a boathouse, the property is let to J. Tims and Sons Limited on an 18 year lease which expired on 01.01.2015, producing £5,950 per annum. The tenant is currently holding over by continuing to occupy the premises and pay rent. The property offers potential for asset management via a lease renewal and rental improvement, with the 2021 and 2024 rent reviews currently outstanding. Occupying a unique position on the Staines riverside, the property is currently accessed from Coopers Close within an area characterised by similar light industrial uses.
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