Under Offer

TypeRetail Investments · Residential Investments

SW14 417 Upper Richmond Road West, East Sheen, London

TenureFor sale

417 Upper Richmond Road West, East Sheen, London, SW14 1/6

Specification

Building size
Building size 2,417 sqft
Property type
Property type Retail Investments · Residential Investments
Tenure
Tenure For sale

Description

The Property comprises a ground floor shop unit together with a 1 bed flat and a 2/3 bed maisonette above, both of which are separately accessed from Colston Road to the rear.

The shop is let to UK Pet Centres Limited for a term of 17 years from 21st May 2018, by way of a lease extension Tenant's option to break 28th September 2031 Effectively FR & I. Current rent is £38,000 pa.

26a Colston Road is an Assured Shorthold Tenancy (AST) for a term of 12 months from 1st June 2025 and current rent is £18,720 pa. 26b is also AST for a term of 12 months from 1 st July 2025 and current rent is £25,200 pa. Total current rent: £81,920 per annum.

The whole residential area was renovated including a new roof, renovated flat roof terrace, all plumbing, electrical and gas cooking and heating, the exterior and interior doors, bathroom suites, fitted kitchen units and kitchen equipment. The windows were also replaced and the soundproofing between the floors upgraded.

The ground floor commercial wiring was upgraded to 3 phase.

Location

East Sheen is located within the affluent south-west London Borough of Richmond upon Thames, approximately 1.6 miles east of Richmond and 2 miles west of Putney.

The area benefits from excellent road communications via the Upper Richmond Road West (A205 South Circular Road). Mortlake Railway Station is around 575 meters north of the property and provides regular services between London Waterloo and Ascot. East Sheen is also a 26-minute drive directly to Heathrow Airport.

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