Investment Summary
• Located in the highly affluent London Borough of Richmond upon Thames.
• Ground and first floor commercial building close to Richmond Riverside.
• Fully let to solicitors
• Total income of £45,000 per annum.
• Freehold.
• Offers sought in the region of £785,000 (Seven Hundred & Eighty Five Thousand Pounds), Subject to contract.
Richmond is one of the most desirable locations in London to live, work and shop. This highly affluent London Borough is located approximately 8 miles to the east of Central London.
Transport links are excellent, Richmond station provides London Underground (District Line), Overground, and National Rail services (fastest journey time to London Waterloo – 19 mins). Both the M3 and M4 motorways are easily accessible and Heathrow Airport is only 12 miles to the west.
Richmond is an established commercial centre, with a host of national and international retailers, numerous bars and restaurants as well as an excellent leisure offering.
The accommodation comprises of the entire ground and first floor. The unit benefits from two toilets, small outdoor terrace and great natural lighting The property has been totally refurbished and fitted out by the existing tenant to an exceedingly high standard.
The ground and first floors are let to solicitors who hold an effective full repairing and insuring 15-year lease subject to five yearly, upward only rent reviews from 5 September 2023 at £45,000 per annum exclusive. The tenancy is not protected by the Landlord & Tenant Act 1954.
