TypeRetail Investments

TW9 1A Church Court, Richmond

TenureFor sale

1A Church Court, Richmond, TW9 1/5

Specification

Building size
Building size 457 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

Investment property comprises an end of terrace building with an income producing retail unit at ground and basement.

The ground floor and basement is let on a 15 year lease from October 2017 and is subject to 4 yearly rent reviews. We understand that the rent passing from October is £25,000 per annum; the next review is due in October 2029. The lease is granted inside the Landlord and Tenant Act. The uppers comprise a split level residential flat that has been sold off on a 999 year lease at a peppercorn rent.

Viewing strictly by prior appointment with the agent.

Town Centre Location

Reversionary

Income producing

Historic setting

Adjacent to Tesco

Residential uppers sold off

Location

Church Court is a charming pedestrian lane in the heart of Richmond Town Centre, close to major retailers including Tesco, Parisien Baguette, Pret a Manger, Holland & Barrett and Boots.

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