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Home > Find a Property > Prime Freehold Property, Twickenham TW1, High Yield

Prime Freehold Property, Twickenham TW1, High Yield

Guide price £ 1,200,000

Type of Sale

Auction

Key Features

  • Affluent Southwest London Area
  • High Annual Income
  • Mix of Commercial and Residential Units
  • Potential for Re-Development
  • Prime Location Opposite St. Margarets Railway Station
  • Substantial Freehold Four-Storey Mid-Terrace Building
A row of red-brick buildings at 120 St. Margaret's Road, TW1 2AA, featuring store signs like "David Masters Salon," "Isaac's Coffee," "Cut-U," and "The Crown Nutrition." Available for sale by auction with World of Auctions, London, this mixed commercial and residential investment boasts decorative brickwork and dormer windows. A few people are seen walking
A cozy coffee shop at 120 St Margaret's Road, Twickenham, features an inviting interior with a counter displaying pastries, a coffee machine, and shelves with products. Wooden floors and white walls complement the staircase with white railings leading to an upper level. Track lighting creates a warm ambiance.
A small, cozy cafe at 120 St Margret's road Twickenham, with wooden flooring and several tables and chairs arranged neatly. Two people are sitting at separate tables engrossed in their activities. The walls are decorated with simple art pieces, and there's a small counter with items on it to the left.
A small, enclosed outdoor patio space at 120 St Margret's Road, Twickenham, with a gray concrete floor and walls. It features metal patio furniture, including two round black tables and several white and black chairs. A spherical decorative item takes center stage, surrounded by paving stones and gravel.
A brightly lit, modern hair salon located at 120 St Margaret's Road Twickenham features white walls and wooden flooring. It boasts multiple styling stations with large mirrors, black chairs, and white waiting area chairs. Plants and minimalistic decor add a touch of greenery and elegance.
A modern hair salon at 120 St Margaret's Road Twickenham features multiple styling stations, each equipped with mirrors and chairs. The room boasts sleek, white decor with plants placed around for a fresh look. A large window and glass door at the front let in natural light, offering a street view outside.
A compact kitchen with white cabinets, a wooden countertop, and gray tiled backsplash. Appliances include a washing machine, an electric stovetop with an oven, a toaster, and a kettle. A window with frosted glass is on the right side, and there is a small table below it.
A modern living area with wooden floors featuring a wall-mounted TV, wooden coffee tables, and a mirror on the wall. To the left is a partially visible bedroom with a bed. The kitchen with white cabinets and appliances is visible in the background.
A small modern apartment features a living area with a flat-screen TV on the left, a kitchen with white cabinets and a counter in the middle, and a bathroom with a toilet and shower on the right. The space is lit by natural light from windows and overhead lighting.
A small, tidy bedroom with a single bed against the wall. There is a large mirror on the left wall, reflecting the bed and showing a window with sheer white curtains. The bed has white bedding with purple accents. The room is painted in light colors.
A modern room with wooden flooring, featuring a large mirror on one wall, a wooden table, and a small white foldable table with a laptop. A collage picture frame hangs on the wall. A door leads to another room with a bed visible. The room is well-lit with ceiling lights.
A small bedroom with a double bed covered in a beige quilt. The room features a window with a small portrait and decor on the sill, two wardrobe-like storage units, a floor lamp, and visible wooden flooring. The door to an adjacent room is open.
A narrow room with a slanted ceiling, featuring a large metal container on the left, possibly a water heater or boiler. The floor is wooden, and the room contains various boxes and items, including cabinets and shelves. The lighting is provided by wall-mounted fixtures.
A small, narrow kitchen with white cabinets, countertops, and walls. A washing machine is installed under the counter. The counter is cluttered with various kitchen items. A table with a plate, cup, and containers is placed in the middle of the room.
A small café interior with wooden floors, beige walls, and several square wooden tables with brown chairs. The walls have minimalist artwork. The room is well-lit with ceiling lights, and a doorway at the back leads to a brighter area with a staircase.
A minimalistic room with wooden flooring, beige walls, a large window on the left, and a wall on the right featuring dark stacked stone cladding with a rectangular recessed niche. The window shows a partial view of a red brick building outside.
A small, empty room with a large mirror on the left wall, two large windows letting in natural light on the right, laminate wooden flooring, and cream-colored walls. A single small light bulb hangs from the white ceiling.
A small, modern bathroom featuring a white toilet and a compact white sink with a silver faucet. The walls are tiled in a light, neutral color and the floor has wood-patterned tiles. A wooden door with a silver handle is partially open.
A modern shower area at 120 St Margaret's Road Twickenham boasts dark square tiles, a wall-mounted shower head, a soap dispenser, and a metallic faucet handle. Frosted glass panels on either side enhance its sleek, minimalistic look.
A modern, unfurnished kitchen and living space at 120 St Margaret's Road Twickenham features wooden flooring. The kitchen area boasts white cabinets, a stove, and an oven. One living area wall is white, while another showcases patterned wallpaper. A yellow tape line neatly separates the two spaces.
A view of two open doorways in an empty apartment at 120 St Margaret's Road, Twickenham, with hardwood floors. The room on the left has a window letting in natural light, while the room on the right is dimly lit. There is a small heater installed on the wall in the foreground.
A sparsely furnished room with white walls and wooden flooring. The room has large windows allowing natural light in. There's a doorway in the center, leading to another similar room. A green emergency exit sign is mounted on the ceiling above the doorway at 120 St Margaret's Road Twickenham.
Situated at 120 St Margaret's Road Twickenham, this narrow kitchen boasts wooden flooring, white walls, and a large window at the end. It features a small standing microwave, a sink, and a compact stove on the left side. The right wall has patterned wallpaper with a radiator below it.
A minimalistic living room at 120 St Margaret's Road Twickenham features wooden flooring. It has two low wooden tables, one holding a laptop. The large wall mirror reflects a refrigerator and some kitchen space. There's a vent on the wall, a collage photo frame above it, and an open door to another room.
A bathroom at 120 St Margaret's Road Twickenham features beige-tiled walls and floor, a glass-enclosed shower, a white toilet with a roll of toilet paper on top, and a mop leaning against the wall. The sink has a dark pump bottle beside it, while the window allows natural light to enter.
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A row of red-brick buildings at 120 St. Margaret's Road, TW1 2AA, featuring store signs like "David Masters Salon," "Isaac's Coffee," "Cut-U," and "The Crown Nutrition." Available for sale by auction with World of Auctions, London, this mixed commercial and residential investment boasts decorative brickwork and dormer windows. A few people are seen walking
A cozy coffee shop at 120 St Margaret's Road, Twickenham, features an inviting interior with a counter displaying pastries, a coffee machine, and shelves with products. Wooden floors and white walls complement the staircase with white railings leading to an upper level. Track lighting creates a warm ambiance.
A small, cozy cafe at 120 St Margret's road Twickenham, with wooden flooring and several tables and chairs arranged neatly. Two people are sitting at separate tables engrossed in their activities. The walls are decorated with simple art pieces, and there's a small counter with items on it to the left.
A small, enclosed outdoor patio space at 120 St Margret's Road, Twickenham, with a gray concrete floor and walls. It features metal patio furniture, including two round black tables and several white and black chairs. A spherical decorative item takes center stage, surrounded by paving stones and gravel.
A brightly lit, modern hair salon located at 120 St Margaret's Road Twickenham features white walls and wooden flooring. It boasts multiple styling stations with large mirrors, black chairs, and white waiting area chairs. Plants and minimalistic decor add a touch of greenery and elegance.
A modern hair salon at 120 St Margaret's Road Twickenham features multiple styling stations, each equipped with mirrors and chairs. The room boasts sleek, white decor with plants placed around for a fresh look. A large window and glass door at the front let in natural light, offering a street view outside.
A compact kitchen with white cabinets, a wooden countertop, and gray tiled backsplash. Appliances include a washing machine, an electric stovetop with an oven, a toaster, and a kettle. A window with frosted glass is on the right side, and there is a small table below it.
A modern living area with wooden floors featuring a wall-mounted TV, wooden coffee tables, and a mirror on the wall. To the left is a partially visible bedroom with a bed. The kitchen with white cabinets and appliances is visible in the background.
A small modern apartment features a living area with a flat-screen TV on the left, a kitchen with white cabinets and a counter in the middle, and a bathroom with a toilet and shower on the right. The space is lit by natural light from windows and overhead lighting.
A small, tidy bedroom with a single bed against the wall. There is a large mirror on the left wall, reflecting the bed and showing a window with sheer white curtains. The bed has white bedding with purple accents. The room is painted in light colors.
A modern room with wooden flooring, featuring a large mirror on one wall, a wooden table, and a small white foldable table with a laptop. A collage picture frame hangs on the wall. A door leads to another room with a bed visible. The room is well-lit with ceiling lights.
A small bedroom with a double bed covered in a beige quilt. The room features a window with a small portrait and decor on the sill, two wardrobe-like storage units, a floor lamp, and visible wooden flooring. The door to an adjacent room is open.
A narrow room with a slanted ceiling, featuring a large metal container on the left, possibly a water heater or boiler. The floor is wooden, and the room contains various boxes and items, including cabinets and shelves. The lighting is provided by wall-mounted fixtures.
A small, narrow kitchen with white cabinets, countertops, and walls. A washing machine is installed under the counter. The counter is cluttered with various kitchen items. A table with a plate, cup, and containers is placed in the middle of the room.
A small café interior with wooden floors, beige walls, and several square wooden tables with brown chairs. The walls have minimalist artwork. The room is well-lit with ceiling lights, and a doorway at the back leads to a brighter area with a staircase.
A minimalistic room with wooden flooring, beige walls, a large window on the left, and a wall on the right featuring dark stacked stone cladding with a rectangular recessed niche. The window shows a partial view of a red brick building outside.
A small, empty room with a large mirror on the left wall, two large windows letting in natural light on the right, laminate wooden flooring, and cream-colored walls. A single small light bulb hangs from the white ceiling.
A small, modern bathroom featuring a white toilet and a compact white sink with a silver faucet. The walls are tiled in a light, neutral color and the floor has wood-patterned tiles. A wooden door with a silver handle is partially open.
A modern shower area at 120 St Margaret's Road Twickenham boasts dark square tiles, a wall-mounted shower head, a soap dispenser, and a metallic faucet handle. Frosted glass panels on either side enhance its sleek, minimalistic look.
A modern, unfurnished kitchen and living space at 120 St Margaret's Road Twickenham features wooden flooring. The kitchen area boasts white cabinets, a stove, and an oven. One living area wall is white, while another showcases patterned wallpaper. A yellow tape line neatly separates the two spaces.
A view of two open doorways in an empty apartment at 120 St Margaret's Road, Twickenham, with hardwood floors. The room on the left has a window letting in natural light, while the room on the right is dimly lit. There is a small heater installed on the wall in the foreground.
A sparsely furnished room with white walls and wooden flooring. The room has large windows allowing natural light in. There's a doorway in the center, leading to another similar room. A green emergency exit sign is mounted on the ceiling above the doorway at 120 St Margaret's Road Twickenham.
Situated at 120 St Margaret's Road Twickenham, this narrow kitchen boasts wooden flooring, white walls, and a large window at the end. It features a small standing microwave, a sink, and a compact stove on the left side. The right wall has patterned wallpaper with a radiator below it.
A minimalistic living room at 120 St Margaret's Road Twickenham features wooden flooring. It has two low wooden tables, one holding a laptop. The large wall mirror reflects a refrigerator and some kitchen space. There's a vent on the wall, a collage photo frame above it, and an open door to another room.
A bathroom at 120 St Margaret's Road Twickenham features beige-tiled walls and floor, a glass-enclosed shower, a white toilet with a roll of toilet paper on top, and a mop leaning against the wall. The sink has a dark pump bottle beside it, while the window allows natural light to enter.
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Description

 

Don’t miss this chance to be part of a groundbreaking event that combines the strengths of three leading auction houses, offering you access to some of the most sought-after properties and prestigious items in the market today.

 

For sale is a large, four-story building in the popular area of St. Margaret’s Road, Twickenham, London TW1 2AA. This building is up for auction and it offers a combination of business and residential spaces.

The building houses two business spaces, one in the basement and the other on the ground floor. Additionally, it has three residential spaces: a studio flat on the mezzanine level and two-bedroom flats on the first and second floors. As an investment, this building has the ability to generate an annual income of £98,400 (when fully let).

Current income produced is circa £70,000

Located in a wealthy area of southwest London, the building is conveniently situated across from St. Margarets railway station. It is part of a shopping district that caters to both residential and commercial needs. St. Margarets Road provides quick access to West London and the nearby Twickenham Stadium. With a variety of shops, restaurants, and amenities in the vicinity, it’s an ideal location for both residents and businesses.

The building holds potential for conversion into additional residential spaces, subject to planning permission. Alternatively, the basement and upper parts could be rented out for extra income. This property offers a multitude of options for prospective buyers. Don’t miss this unique opportunity. Contact us today to schedule a viewing.

Buyer’s Premium

Upon the fall of the hammer, the buyer is required to pay a 10% deposit. In addition, a buyer’s premium of 2% of the sale price, plus VAT, is due upon the exchange of the contract.

In the event of a successful offer, we will require two forms of ID in compliance with the Anti-Money Laundering Act. Acceptable forms of ID include a passport or a driving licence.

For more information, please visit the following links:

richmond.gov.uk/business-hub

nethouseprices.com/house-prices

Get in touch

Tom Barrett National Sales Director

Auction Venue

Broome Park Hotel, Canterbury Rd, Canterbury CT4 6QX ///than.cooking.presented

Location

120 St. Margarets Road, Twickenham, London, TW1 2AA ///task.curve.tasty

Viewing Details

Viewing’s Available subject to 48 Hours Notice upon request with one of our agents.

Accommodation

Substantial freehold four storey mid terrace building arranged as 2x commercial units and 3x upper residential parts.

 

Basement Floor:
Commercial use – Isaac’s Coffee
2 rooms, 4 storage rooms, rear yard.
Let on a lease for a term of 15 years from 01/05/2023 at a rent of £14,400 pa (First rent review on 01/05/24 and then every 3 years thereafter)
EPC – C

 

Ground floor
Commercial use – David Masters Salon
2 rooms
Let on a lease for a term of 20 years from 24/06/09 at a current rent of £23,000 pa (Rent review every 5 years with next review on 24/06/24)
EPC – C

 

Mezzanine level
Residential use
Studio flat
Let on a rolling tenancy for a term of 1 year from 01/02/2024 at a rent of £13,140 per annum
EPC – TBA

 

First Floor
Residential use
2 bedrooms, open plan reception room/kitchen, shower room/WC
Let on a rent of £24,000 Per Annum
EPC – C

 

Second Floor
Residential use
2 bedrooms, open plan reception room/kitchen, shower room/WC
Let on a rolling tenancy for a term of 6 months from 12/07/2023 at a rent of £24,000 per annum
EPC – TBA

 

Total rent reserved:
£98,400 per annum (Fully Let)

Map

Street View

Income
Total Rent Reserved: £98,000 Per Annum (Fully Let)

EPC

EPC Rating: C
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Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid World of Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

World of Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At world of Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Buyers’ fees, Seller’s fees and additional charges

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to World of Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £500 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

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