St Margarets Road, Twickenham, Richmond Upon Thames

PRICE / STATUS
£1,200,000. Under offer, still available to buyers ready to exchange at this price.

KEY FEATURES

Under offer at £1,200,000, subject to exchange under auction terms
Still available to buyers ready to exchange at £1,200,000
Fully let, producing £98,000 a year
Gross yield of c.8.2% at £1,200,000
Four-storey mixed-use freehold
Directly opposite St Margarets Station
Let to two commercial tenants
New five-year agreement from 1 September 2026
Established David Masters hair salon on the ground floor
Buyer's premium fixed at 1%

SUMMARY
A fully let four-storey freehold investment directly opposite St Margarets Station, producing £98,000 a year from two commercial tenants. That is a gross yield of c.8.2% at £1,200,000. Under offer at £1,200,000, subject to exchange under auction terms. Until contracts exchange, it remains available to any buyer ready, willing and able to exchange at that price.

FULL DESCRIPTION

Fully Let Freehold Investment, 120 St Margarets Road, Twickenham TW1. Under offer at £1,200,000.

UNDER OFFER, STILL AVAILABLE
Lot 44 was offered at our Claridge's auction on 23 September 2026 and is now under provisional offer at £1,200,000, subject to exchange of contracts under auction terms and conditions. Until contracts exchange, the property remains available. Any investor who is ready, willing and able to exchange contracts at £1,200,000 should contact us now. The first buyer to exchange secures the property.

THE PROPERTY
A handsome four-storey freehold building in a period red-brick parade directly opposite St Margarets Station, in one of South West London's most desirable neighbourhoods. The building is fully let to two commercial tenants and produces £98,000 a year, a gross yield of approximately 8.2% at £1,200,000.

THE TENANCIES
The ground-floor salon is let to David Masters, an established hair salon on the parade. All other parts of the building are let on a commercial agreement from 1 September 2026 for use as a gym, yoga and massage club, for a term of five years. Together the two tenancies produce £98,000 a year. Full lease details are in the legal pack.

WHY IT APPEALS

Fully let from day one, with no void periods to manage
A new five-year agreement gives a secure income
Two tenants spread the risk
Freehold, in a prime position opposite the station

LOCATION & TRANSPORT
The building is directly opposite St Margarets Station, with South Western Railway trains to London Waterloo in around 30 minutes. Richmond, with National Rail, London Overground and District line services, is one stop away, and Twickenham Station is within a mile. Several bus routes serve the area.

ST MARGARETS
St Margarets is known for its strong community and affluent population, with independent shops, cafés and restaurants along its high street. Twickenham Film Studios, well-regarded schools, Moormead Park and Marble Hill Park are all close by, supporting steady demand from commercial occupiers.

PLANNING
The property is in a conservation area, so external alterations may need consent. Buyers should check the planning position for the building's current uses with the London Borough of Richmond upon Thames.

KEY FACTS
Tenure: Freehold
Property type: Mixed-use, four storeys
Tenants: David Masters (ground-floor salon) and a gym, yoga and massage club (all other parts)
Rent: £98,000 a year
Gross yield: c.8.2% at £1,200,000
Price: £1,200,000 (under offer)
Buyer's premium: 1% of the purchase price
Conservation area: Yes

HOW TO BUY
The sale is on an unconditional auction contract. Contracts exchange as soon as a sale is agreed, with a 10% deposit payable on exchange and completion on the date set out in the Special Conditions of Sale. A buyer's premium of 1% of the purchase price and a contract documents charge of £850 plus VAT are payable on exchange.

The legal pack, including the title, leases and searches, is available to download. Buyers are strongly advised to read it and take independent legal advice before making an offer.

VIEWINGS AND OFFERS
Strictly by appointment with Palace Auctions London. Contact Edward Swindells on or .

IMPORTANT NOTICE
The rental income is provided by the seller. Buyers must check the leases, rents and planning position in the legal pack. These particulars do not form part of any offer or contract.