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Freehold Mixed Use Investment Opportunity
12-13 The Broadway, Kingston Road, Staines, Middlesex TW18 1AT
By Order of the Executors

Investment Summary
• Staines is a well located town, situated 27 km
(15 miles) west of Central London in close
proximity to Junction 13 of the M25
Motorway.
• The property forms part of a popular
neighbourhood shopping parade within a
predominantly residential area.
• The property comprises two retail units and
two large residential flats above.
• Freehold.
• Subject to two overriding commercial leases.
• Current rent passing of £35,150 per annum.
• Significant asset management opportunities
to regear the retail occupational leases and
individual disposals of the residential upper
parts.
Location
Staines is located within the County of Middlesex,
situated 27 km (17 miles) west of Central London, 5 km
(3 miles) south of Heathrow Airport and 18 km (11 miles)
south east of Slough.
The town benefits from excellent road communications,
being situated 2.6 km (1.6 miles) from Junction 13 of the
M25 Motorway, providing easy access to both the M4
and M3 corridors to the north and south respectively.
The town is ideally situated on the London Waterloo
to Reading Railway line, with a journey time of
approximately 35 minutes to London, with trains
operating every 10 minutes during peak periods.
Staines has a resident population of over 50,000 people,
with approximately 385,000 people living with a 10 km
(6 miles) catchment.
Situation
The property is situated in a prominent position fronting
Kingston Road at its junction with Worple Road, located
south-east of the town centre, a short distance from the
Mainline Railway Station.
The property forms part of a popular neighbourhood
retailing parade with adjoining occupiers including
Subway, Coral, Broadway Pharmacy and a new local
supermarket to be opened shortly.
Description
The property comprises two prominent retail units with
residential accommodation above, forming part of a
larger neighbourhood retail parade.
Unit 13, which is currently trading as a hair salon and
benefits from a return frontage along Worple Road,
whilst Unit 12, which is currently trading as a take-away
restaurant and also benefits from a prominent frontage.
Each retail unit provides a good open plan retailing area
to the front, with ancillary space to the rear.
The residential upper parts are accessed via their own
individual entrances to the rear of the parade via Worple
Road. The flats provide well configured living space,
providing reception room, kitchen, four double bedrooms,
bathroom and separate WC. Unit 13A occupies the first
floor, with 12A occupying the second floor.
Externally, each of the retail units benefit from a
self-enclosed yard area, with Unit 12 having extended
their accommodation over this space.
Accommodation
The property provides a total of 289.41 sq m (3,115 sq ft)
of accommodation over ground and two upper floors.
A breakdown of individual floor areas can be found in the
Tenancy Schedule.
• We are instructed to seek offers in excess of
£425,000 (Four Hundred and Twenty Five
Thousand Pounds) subject to contract and
exclusive of VAT.
• A purchase at this level reflects a Net Initial
Yield of 7.90%, after allowing for purchaser’s
costs of 4.75%
12-13 The Broadway, Kingston Road, Staines, Middlesex TW18 1AT

Tenure
Freehold.
Tenancy Details
The property is let to two tenants, on effectively full
repairing and insuring lease terms, producing a current
rent passing of £35,150 per annum.
VAT
We understand that the property has not been elected for
Value Added Tax (VAT) purposes.
Tenancy Schedule
Unit
No
Unit 12
& 12A
Unit 13
& 13A
Tenant
Mr Kim Pui Lau
t/a as Kim’s
Kitchen
Mrs Linda
Burton
t/a Lockrite
Hairdressers
Asset Management Opportunities
The property provides for an excellent opportunity for
active management including regearing the current leases
and individual disposals of residential upper parts.
Managing Agent
This property has been managed by Sweetings Property
Management for over 30 years and they have expressed
a wish to carry on the management with any subsequent
purchaser.
For further information please contact David Sweeting
Tel. 020 8941 7799.
Description Net Internal Area Lease Rent Passing Rent
Sq M Sq Ft ITZA Start Expiry Term Review £ pa £psf
Ground Floor
Retail Shop
55.91 602 485
4 Bedroom Flat 68.69 736.32 –
Ground Floor
Retail Shop
76.63 827 546
4 Bedroom Flat 88.18 949.29 –
24/06/2008 23/06/2028 20 yrs 24/06/2012 £16,850
23/01/2006 22/01/2021 16 yrs 23/01/2014 £18,300
Total 289.41 3,115 £35,150
Comments
4 yearly rent
review pattern
4 yearly rent
review pattern.
Assigned to
Tarvinder Kaur
Gill
Proposal
We are instructed to seek offers for our client’s freehold
interest in excess of £425,000 (Four Hundred and Twenty
Five Thousand Pounds) subject to contract and exclusive
of VAT.
A purchase at this level reflects a Net Initial Yield of
7.90%, after allowing for purchaser’s costs of 4.75%.
Contact
For further information or to arrange an
appointment please speak to:
GVA Grimley Ltd
10 Stratton Street
London W1J 8JR
Daniel Dix
T: 020 7911 2146
E: daniel.dix@gvagrimley.co.uk
Neil Dovey
T: 020 7911 2168
E: neil.dovey@gvagrimley.co.uk
Allsop LLP
Moreau House
116 Brompton Road
London SW3 7JJ
Adam Kerven
T: 020 7344 2628
E: adam.kerven@allsop.co.uk
James Stewart-Lockhart
T: 020 7344 2682
E: james.stewart-lockhart@allsop.co.uk
12-13 The Broadway, Kingston Road, Staines, Middlesex TW18 1AT

www.gvagrimley.co.uk/investment
08449 02 03 04
www.allsop.co.uk
020 7494 3686
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Published by GVA Grimley Ltd – 10 Stratton Street, London W1J 8JR
© copyright GVA Grimley Ltd.
GVA Grimley Limited & Allsop LLP Conditions under which Particulars are issued GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that:1.) The particulars are set out as a general outline
only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. 2.) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are
believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. 3.) No person in the employment of GVA Grimley Limited or
any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4.) All rentals and prices are quoted exclusive of VAT. Reproduced by courtesy of the Controller of HMSO. Crown Copyright reserved. Licence No 774359. If
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